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Finance Minister Wale Edun leads talks on launch of Mortgage Finance Fund, aimed at broadening access to low-cost mortgage financing

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Wale Edun, convened a high-level meeting at Finance HQ
Access Pensions, Future Shaping

TUE SEPT 10 2024-theGBJournal|The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, convened a high-level meeting at Finance HQ to discuss the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF).

As a key component of the One Million Homes Presidential Initiative, the MREIF is aimed at broadening access to low-cost mortgage financing for eligible Nigerians.

In his opening remarks, the Honourable Minister emphasized the potential of the fund to provide cost-effective mortgage options for a large segment of pension account holders. He underscored the significance of the meeting as an opportunity for open dialogue, enabling key stakeholders to exchange ideas and contribute to the initiative’s success.

Dr. Armstrong UME Takang, CEO of the Ministry of Finance Incorporated @mofinigeria further elaborated on the initiative, noting that the MREIF is designed to be market-driven while adhering to all regulatory standards.

The meeting brought together prominent leaders from the pension and financial sectors, including Dr. Oluwatoyin Maiden, Accountant General of the Federation, Wale Odutola, ARM Pensions, Funmi Ekundayo, CEO, STC Trustees, Sani Yakubu, Co-Coordinator, MREIF, Temitayo Ajayi, Vetiva Advisory and Saadu Jijji, MD, PAL Pensions.

Others in the team are Tony Odutola, DCIO, FCMB Pensions LTD, Nuhu Modibbo, Executive Director, Access Pensions, Victor Bisong, MD/CEO, Trustfund, Emmanuel Thomas, Executive Director, NUPEMCO, Oluwakemi Ugwu, MD/CEO, NUPEMCO and Christopher Bajowa, MD/CEO, Access Pensions

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Access Pensions, Future Shaping
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