Enugu State Government Commits to Passage of Model Mortgage Foreclosure Law (MMFL)

September 4^th, 2019, 10:45 Am, Enugu, Enugu State Nigeria

As part of our drive to create an enabling environment for Affordable Housing Development and Mortgage Creation, Nigeria Mortgage Refinance Company Plc (“NMRC”) paid a courtesy call to the Enugu State Governor his excellency Ifeanyi Ugwuanyi to discuss areas of collaboration.

Managing Director of NMRC, Mr. Kehinde Ogundimu presented draft copies of the Model Mortgage Foreclosure Law to the Enugu State Governor. He stated that collaborating with NMRC will enable the State to accelerate its ongoing housing programs as well as improve the State’s Ease of Doing Business Ranking.

The State Governor in the course of the engagement committed to working with the State’s Legislature towards the passage of the Model Mortgage Foreclosure Law to facilitate the creation of an enabling environment for housing development and mortgage creation for citizens of Enugu State.