BusinessHighlightTrending Story

Cooperative Mortgage Bank says it is committed to affordable homes For Nigerians

233

 

By Boye Ajayi

Mr Kabir Ayinde Tukur, the Managing Director of Cooperative Mortgage Bank (CMB) has said that the “2020 Housing Award” won by his organization will spur it into providing affordable homes for Nigerians to bridge the housing deficit gap, Persecondnews reports.

Tukur said this while responding to the presentation of the “Best Housing Award” to the company by the Nigeria Housing Awards in Abuja.

According to him, the award will motivate CMB to step up its effort in ensuring affordable homes for Nigerians, thereby bridging the housing gap.

“Cooperative Mortgage Bank will strive to remain outstanding in the housing industry as it continually seeks to provide quality and affordable housing for all classes of individuals.

“As a cooperators’ bank, our business goal is to ensure that every cooperator, through their cooperative societies, become home owners.

“True to our goal, the bank has made tremendous effort as it embarked on a national tour in conjunction with the Cooperative Federation of Nigeria, sensitising cooperators across the federation on home ownership and how they can access it through mortgage,” Tukur said.

Ayinde-Tukur pointed out that despite CMB success at the ceremony, it was not time to celebrate.

He said the challenges encountered in 2020 because of the COVID-19 pandemic widened the existing housing gap for Nigerians, while appealing to stakeholders to narrow the gap in 2021 through mass-friendly housing initiatives.

He added: “This recognition means a lot to us as a company but more importantly, the award initiative must be seen as a call to challenge our collective effort in the industry.

“Globally, all sectors went through a difficult year 2020, but this must not extinguish the zeal in us to build affordable housing units for Nigerians through flexible means”.

He expressed gratitude for the recognition of his company.

Earlier, the CEO of Nigeria Housing Awards, Mr Festus Adebayo said the award was to recognise and celebrate original and innovative contractors, consultants and projects that demonstrate excellence in the building and construction industry.

“The initiative was also established to encourage competition and competitive pricing in the housing construction industry.”

 

 

Leave a comment

Related Articles

Pres. Tinubu resumes duty at the Presidential Villa after two-week foreign trips

President Bola Tinubu has officially resumed duties at the Presidential Villa, Abuja,...

Bimbo Ademoye, VJ Adams keep fans guessing over duo’s love affair

In recent weeks, Nigerian actress Bimbo Ademoye and popular TV host VJ...

N2.7bn fraud: Sirika, daughter, son-in-law, company get N400m bail, trial fixed for June 10

After admitting a former Minister of Aviation, Hadi Sirika, his daughter, his...

Just In: Lagos-Calabar Coastal Road: Reps to Investigate Procurement Award Process

The House of Representatives says it has resolved to investigate the procurement...

UCL: Real Madrid head to Wembley for 18th European final

Real Madrid showed class in the Champions League semi-final against Bayern Munich,...

NNPC Ltd. committed to building huge oil and gas infrastructure to make the sector thrive.

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it will continue...

After two-week foreign trip, Tinubu is back in Abuja

President Bola Tinubu returned to Abuja, the nation’s capital, on Wednesday morning...

Just in: Impeachment threat: Pro-Rivers Gov. Fubara lawmakers elect factional speaker

A faction of the Rivers State House of Assembly loyal to Gov....

Western Digital launches SanDisk Desk Drive

Western Digital has launched the SanDisk Desk Drive, the latest addition tonits...

Reps. stand down motion for suspension of CBN’s cybersecurity levy

The House of Representatives has stepped down the motion to suspend the...

How Emotionally Mature Are You?

Where do we come from? What are we and where are we...

Just in: ALGON accuses Rivers Gov. Fubara of withholding LG funds, backs impeachment call

The Rivers State chapter of the Association of Local Governments of Nigeria...

World Red Cross Day

On May 8th, we celebrate World Red Cross and Red Crescent Day,...

Tinubu returns to Nigeria today – Presidency

President Bola Tinubu will arrive in Abuja on Wednesday from Europe, the...

Hummels’ towering header sends Dortmund to the final, first time in 11 years

Mats Hummels scored the defining goal as Borussia Dortmund booked their place...

Another gas explosion rocks Lagos, leaving three dead

Another gas explosion in Lagos has killed three people, this time at...

Release FIJ journalist Daniel Ojukwu, Spaces for Change urges police authorities

Spaces for Change (S4C) has called for the immediate and unconditional release...

Crazy father asks wife to throw their disabled 6-year-old son into crocodile-infested river, mauled to death

A mother has thrown her disabled six-year-old son into a crocodile-infested river,...

Petrol: Again, NNPC Ltd. cautions against panic buying

For the umpteenth time, the Nigerian National Petroleum Company Limited (NNPC Ltd)...