Lagos Partners NMRC on Mortgage Financing
Professor Charles Inyangete. Lagos State government has said that it would enter into partnership with Nigerian Mortgage Refinance Company (NMRC) to make housing affordable to its citizens. The Commissioner for Housing, Prince Gbolahan Lawal stated this during a meeting of the Ministry and its agencies with the management of the NMRC led by the Managing Director/Chief Executive Officer Professor Charles Inyangete. He said that State will be prepared to sign a Memorandum of Understanding as soon as both parties agree on the terms and modalities of the facilities, which are geared towards alleviating the burden of financing mortgages in the State.