February 13, (THEWILL) – The headquarters of the Federal Mortgage Bank of Nigeria has been gutted by fire. Believed to have started a few minutes before midnight on Wednesday, February 9, the fire, which began from the office of the Special Adviser to the Managing Director, Ahmed Musa Dangiwa, soon extended to the boardroom of the bank linked to the MD’s office, destroying some very sensitive documents.
The timing of the fire is, no doubt, suspicious as sources close to THEWILL allege that it may have been ignited by some members of the current management whose tenure will be expiring next month. They allege that those who started it may be trying to cover up atrocities perpetrated at the bank. The fire incident is also coming at a time when the Ministry of Works is allegedly putting plans in place to implement a retirement plan for the staff of the bank. Based on the retirement plan, the bank’s workers who have less than five years in active service, will be asked to retire.
A trained architect, Dangiwa was named the 2021 Housing Finance Person of the Year by the Housing Development Advocacy Network (HDAN), organisers of the International Housing Awards in recognition of his historic reform efforts to turnaround FMBN and strengthen it as an institutional tool for affordable housing delivery to Nigerians within the low- and medium-income bracket.
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