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N100b private sector cash for real estate
N100b private sector cash for real estate
Apparently to widen access to affordable housing for Nigerians, the Federal Government yesterday announced the launch of a N100 billion private sector-driven real estate financing scheme.
This initiative is part of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) and represents the second phase of funding under the programme.
MREIF aims to raise N1 trillion to support Nigeria’s housing sector, providing long-term, low-cost mortgage financing for homeownership.
The latest funding – Series 2 – is private sector-driven, allowing businesses and investors to contribute to the development of housing across the country.
One of the key benefits of the financing scheme is the provision of affordable mortgage loans with repayment periods of up to 25 years and interest rates set at 11-12 percent – significantly lower than the rates offered by commercial banks.
This is made possible through a blended finance structure, where public funding, sourced at one per cent, is combined with private sector investments to reduce borrowing costs.
MOFI is leading efforts to attract key private sector players, such as asset managers, financial advisers and issuing houses to raise the N100 billion from the capital market.
This second phase builds on the success of Series 1, which raised N150 billion, bringing the total funding secured so far to N250 billion.
Minister of Finance and Coordinating Minister of the Economy Wale Edun, stressed the importance of private sector involvement in boosting the housing sector.
Mr. Edun said: “The successful completion of Series 1 shows the government’s dedication to making homeownership accessible.
Now, with Series 2, we are inviting private investors to be part of this journey, creating jobs, improving infrastructure, and strengthening the economy.”
MOFI’s Managing Director/Chief Executive Officer (MD/CEO), Dr. Armstrong Takang, described Series 2 is a major step toward unlocking private capital for the housing market.
“By using blended finance, we are establishing a sustainable system for affordable homeownership that will benefit all Nigerians,” he said.
The Chairman of MOFI Board, Dr. Shamsudeen Usman, described MREIF as a landmark achievement in Nigeria’s housing sector.
“The Renewed Hope Agenda is focused on delivering sustainable homeownership opportunities for Nigerians, and MREIF is a major driver of this vision,” he said.
News
Adron Homes Introduces Special Ramadan Offer with Discounts and Gift Rewards
Adron Homes Introduces Special Ramadan Offer with Discounts and Gift Rewards
As the holy month of Ramadan inspires reflection, sacrifice, and generosity, Adron Homes and Properties Limited has unveiled its special Ramadan Promo, encouraging families, investors, and aspiring homeowners to move beyond seasonal gestures and embrace property ownership as a lasting investment in their future.
The company stated that the Ramadan campaign, running from January 20th to April 6th, 2026, is designed to help Nigerians build long-term value and stability through accessible real estate opportunities. The initiative offers generous discounts, flexible payment structures, and meaningful Ramadan-themed gifts across its estates and housing projects nationwide.
Under the promo structure, clients enjoy a 30% discount on land purchases alongside a convenient 36-month flexible payment plan, making ownership more affordable and stress-free.
In the spirit of the season, the company has also attached thoughtful rewards to qualifying payments. Clients who pay ₦200,000 receive a Provision Hamper to support their household during the fasting period, while those who pay ₦400,000 receive an Automated Prayer Mat to enhance their spiritual experience throughout Ramadan.
According to the company, the Ramadan Promo reflects its commitment to aligning lifestyle, faith, and financial growth, enabling Nigerians at home and in the diaspora to secure appreciating assets while observing a season centered on discipline and forward planning.
Reiterating its dedication to secure land titles, prime locations, and affordable pricing, Adron Homes urged prospective buyers to take advantage of the limited-time Ramadan campaign to build a future grounded in stability, prosperity, and generational wealth.
This promo covers estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger states.
As Ramadan calls for purposeful living and wise decisions, Adron Homes is redefining the season, transforming reflection into investment and faith into a lasting legacy.
News
Ramadan: Adron Homes Felicitates Muslims, Preaches Hope and Unity
Ramadan: Adron Homes Felicitates Muslims, Preaches Hope and Unity
Adron Homes & Properties Limited has congratulated Muslim faithful on the commencement of the holy month of Ramadan, urging Nigerians to embrace the virtues of sacrifice, discipline, and compassion that define the season.
In a statement made available to journalists, the company described Ramadan as a period of deep reflection, spiritual renewal, and strengthened devotion to faith and humanity.
According to the management, the holy month represents values that align with the organisation’s commitment to integrity, resilience, and community development.
“Ramadan is a time that teaches patience, generosity, and selflessness. As our Muslim customers and partners begin the fast, we pray that their sacrifices are accepted and that the season brings peace, joy, and renewed hope to their homes and the nation at large,” the statement read.
The firm reaffirmed its dedication to providing affordable and accessible housing solutions to Nigerians, noting that building homes goes beyond structures to creating environments where families can thrive.
Adron Homes further urged citizens to use the period to pray for national unity, economic stability, and sustainable growth.
It wished all Muslim faithful a spiritually fulfilling Ramadan.
Ramadan Mubarak.
News
Valentine Season: Adron Homes Encourages Nigerians to Build Lasting Love Through Real Estate
Valentine Season: Adron Homes Encourages Nigerians to Build Lasting Love Through Real Estate
Adron Homes and Properties has continued its ongoing “Love for Love Promo” as part of its Valentine season initiatives, encouraging couples, families, and investors to move beyond traditional gifts by embracing shared property ownership as a lasting expression of commitment and financial stability.
The company stated that the promo, which has been running throughout the Valentine period, was designed to inspire Nigerians to build long-term value and legacy through real estate investments. It noted that the initiative offers attractive discounts, flexible payment options, and a variety of exclusive gift items across its estates and housing projects nationwide.
Under the promo structure, clients who pay ₦100,000 receive cake, chocolates, and a bottle of wine, while those who pay ₦200,000 receive a Love Hamper. Subscribers who commit ₦500,000 receive a Love Hamper with cake, and those who pay ₦1,000,000 enjoy a choice of a Samsung phone or a Love Hamper with cake.
The incentives increase with higher commitments. Clients who pay ₦5,000,000 receive either an iPad or a romantic couple’s getaway at a top Nigerian hotel, while payments of ₦10,000,000 come with options including a Samsung Z Fold 7, a three-night stay at a premium resort, or a full solar power installation.
High-value investors are also rewarded, as clients who pay ₦30,000,000 on land receive a three-night couple’s trip to Doha or South Africa. At the same time, purchasers of houses valued at ₦50,000,000 are presented with a double-door refrigerator, further reflecting the company’s focus on combining lifestyle experiences with strategic investments.
The company added that the promo covers estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger states. It reiterated its commitment to secure land titles, affordable pricing, and prime locations, urging Nigerians at home and in the diaspora to take advantage of the ongoing Valentine campaign to build a future rooted in love, security, and prosperity.
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