MOFI Unveils N250 Billion Real Estate Fund to Tackle Nigeria’s 20 Million‑Unit Housing Gap
The Federal Government, through the Ministry of Finance Incorporated (MOFI), has launched a landmark ₦250 billion Real Estate Investment Fund (MREIF) aimed at closing Nigeria’s staggering housing deficit—estimated at between 20 and 28 million units. The initiative follows two fully subscribed funding rounds: the initial ₦150 billion Series 1, solely funded by MOFI, and a ₦100 billion Series 2 offering taken