President Bola Tinubu has appointed Oyetunde Oladimeji Ojo, his son-in-law, as the chief executive officer (CEO) of the Federal Housing Authority (FHA).
Ojo, a former member of the house of representatives, is married to Folasade Tinubu-Ojo, a daughter of the president.
Ajuri Ngelale, the presidential spokesperson, said in a statement on Thursday that Tinubu also appointed Mathias Terwase Byuan as the executive director (housing finance & accounts); Umar Dankane Abdullahi as executive director (business development); Oluremi Omowaiye as executive director (project implementation) and Ezekiel Nya-Etok as executive director (business development and portfolios), as members of the management of FHA.
Ngelale said the president appointed Shehu Usman Osidi as the CEO of the Federal Mortgage Bank of Nigeria (FMBN).
The president also appointed Ibidapo Odojukan as executive director (finance and corporate services), Muhammad Sani Abdu as executive director (loans and mortgage Services), and Chinenye Anosike as executive director (business development and portfolios) to the management team of the FMBN.
“New FHA CEO, Hon. Oyetunde Ojo, is a former Member of the House of Representatives with over a decade of work experience in the housing and hospitality industries,” the statement reads
“He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.
New FMBN CEO, Mr. Shehu Osidi, is a banker with over 30 years of work experience, including 13 years of experience in mortgage banking.
“He is an alumnus of Harvard University’s Kennedy School of Government as well as the University of Pennsylvania’s Wharton School of Housing Finance.
“His (Tinubu) expectations are high that the above-named appointees will hit the ground running in the delivery of affordable housing for millions of Nigerians in need, while providing millions of new job opportunities for Nigeria’s talented youth population presently searching for work.”