Family Homes Funds Limited (FHFL) has new board members appointed by President Bola Tinubu.
In a statement released on Tuesday, Ajuri Ngelale, the president’s special assistant on media and publicity, stated that the appointment is a continuation of the federal government’s efforts to stimulate development prospects in the real estate industry.
Ngelale said that Abdul Muttalab, the managing director, Demola Adebise, the former CEO of Wema Bank, who would chair the board, and Abdullahi Musa, the executive director (finance), are among the recently elected board members.
“Others are Emeka Henry Inegbu – Executive Director (Operations), Representative of the Ministry of Finance Incorporated – (Non-Executive Director) and Representative of the Nigeria Sovereign Investment Authority (NSIA) – (Non-Executive Director),” Ngelale said.
“The appointees also include Sam Okagbue – (Non-Executive Director), Musa Ahmed – (Non-Executive Director), Eniang Nkang – (Non-Executive Director) and Bilkisu Usman – (Non-Executive Director).”
According to Ngelale, the president anticipates that the new board members will use their knowledge, experience, and dedication to guide the Family Homes Funds in fulfilling its mission of promoting real estate industry growth and development.