The Federal Mortgage Bank of Nigeria (FMBN) is working out modalities to roll out a diaspora product to assist Nigerians living abroad to own homes in Nigeria.

The Managing Director of the bank, Gimba Ya’u Kumo, who disclosed this at the 4th Nigeria Development Finance Forum in Washington DC, said the product has become necessary given the large number of Nigerians in the diaspora who wish to own homes in Nigeria and also as a means of reducing the housing deficit in the country.

FMBN Plans Mortgage Scheme For Diaspora Nigerians