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Tinubu reconstitutes management for FHA, FMBN

President Bola Tinubu has approved the reconstitution of the executive management teams of two parastatals under the Federal Ministry of Housing and Urban Development.

The affected parastatals are the Federal Mortgage Bank of Nigeria (FMBN) and the Federal Housing Authority (FHA).

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The reconstitution of the executive management of the two parastatals, according to a release issued on Thursday by presidential spokesperson, Ajuri Ngelale, was part of a holistic approach to repositioning the national housing and urban development sector to meet the present and future needs of Nigerian families nationwide.

The new appointments include Mr Shehu Usman Osidi as Managing Director/ Chief Executive Officer of the FMBN; Executive Director (Finance & Corporate Services) — Mr. Ibidapo Odojukan; Executive Director (Loans & Mortgage Services) — Mr. Muhammad Sani Abdu and Executive Director (Business Development & Portfolios) — Ms. Chinenye Anosike.

For the Federal Housing Authority (FHA), Hon. Oyetunde Oladimeji Ojo is the new MD/ CEO; Executive Director (Housing Finance & Accounts): Mr. Mathias Terwase Byuan; Executive Director (Business Development): Mr. Umar Dankane Abdullahi; Executive Director (Project Implementation): Oluremi Omowaiye and Executive Director (Estate Services): Ezekiel Nya-Etok.