Tinubu’s Latest Appointments: 10 New Officials Named in Key Government Roles

Mobel
By Mobel 2 Min Read

President Tinubu Appoints New Board for Family Homes Funds Limited: Boosting Real Estate Growth

Key Takeaways:

  • President Bola Tinubu announces new FHFL board members
  • Appointment aims to energize real estate sector growth
  • Board includes experienced professionals from finance and real estate

President Bola Tinubu has made a significant move to stimulate Nigeria’s real estate sector by appointing a new board for the Family Homes Funds Limited (FHFL). This strategic decision, announced on July 2, 2024, is part of the federal government’s efforts to consolidate activities and drive growth opportunities within the real estate industry.

New FHFL Board Members

  1. Board Chairman: Demola Adebise (former Wema Bank MD, IT expert)
  2. CEO/Managing Director: Abdul Muttalab
  3. Executive Director (Operations): Emeka Henry Inegbu
  4. Executive Director (Finance): Abdullahi Musa
  5. Non-Executive Directors:
    • Representative of the Ministry of Finance
    • Representative of the Nigeria Sovereign Investment Authority (NSIA)
    • Bilkisu Usman
    • Sam Okagbue
    • Eniang Nkang
    • Musa Ahmed

President’s Expectations

According to Presidential Spokesman Ajuri Ngelale, President Tinubu expects the new board members to:

  • Leverage their experience and expertise
  • Steer FHFL towards achieving its mandate
  • Drive growth and development in the real estate sector

Additional Government Appointments

In related news, President Tinubu has also appointed eight new federal permanent secretaries to address vacancies in the civil service. These appointments aim to strengthen the top administrative cadre across various states and geo-political zones.

The President has expressed his confidence in the new appointees, urging them to demonstrate absolute dedication and diligence in fulfilling their responsibilities.

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See also  Tinubu Endorses New Fund for Bridging Infrastructure Gap
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