At a press conference marking two years in office, Shehu Usman Osidi, managing director and CEO of the Federal Mortgage Bank of Nigeria (FMBN), announced that the National Housing Fund’s receipts increased to N15billion in 2025.”The highest annual collection ever made into the NHF was N100 billion, which was recorded in 2023,” he stated. When we joined in 2024, we had N103b in our collection. By the end of 2025, we had N152.4b, which was a 48% increase over the 2024 collection and the highest yearly collection in the Scheme’s history.
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