President Bola Tinubu has authorized the selection of board members for Family Homes Funds Limited (FHFL).
Ajuri Ngelale, Tinubu’s media aide, issued a brief statement on Tuesday naming the new appointees as Demola Adebise (Board Chairman), Abdul Muttalab (Chief Executive Officer and Managing Director), Abdullahi Musa (Executive Director, Finance), and Emeka Henry Inegbu.
Non-executive directors nominated to the board include Sam Okagbue, Musa Ahmed, Dr Eniang Nkang, Ms Bilkisu Usman, and officials from the Ministry of Finance Incorporated and the Nigeria Sovereign Investment Authority (NSIA).
Ajuri stated that the President expects the new board members to use their skills, experience, and passion to guide the Family Homes Funds toward its mission of fostering real estate growth and development.
According to the presidential spokesperson, the gesture was in support of the federal government’s attempts to combine initiatives targeted at reviving development potential in the real estate industry.