Economic and Financial Review


Central Bank of Nigeria


Housing Finance, Mortgage Finance, Housing, Nigeria


This article reviews the National Housing Fund and highlight the successes and constraints. The rest of the article is divided into five sections. Section 2 reviews the National Housing Fund Scheme. The lessons of experience from other countries are contained in section 3, while section 4 highlights the achievements of the Federal Mortgage Bank of Nigeria (FMBN) since the inception of the reforms. The problems militating against the effective implementation of the NHF is the focus of section 5. Section 6 concludes the article.

Author Bio

Mr. Adeniji is the General Manager (National Housing Fund Department), Federal Mortgage Bank of Nigeria, Abuja.

Publication Title

CBN Economic and Financial Review (EFR)





Recommended Citation

Adeniji, O. A. (2005). The National Housing Fund Scheme: the journey so far. Economic and Financial Review. 43(4), 105-115.



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