AG Mortgage Bank Plc (AGMB) has successfully midwifed a landmark N3billion land deal between Praco Nigeria Limited and Post Housing Development Limited (PHDL).
AG Mortgage Bank Plc noted the importance of this deal because the mortgage bank believes those who protect the nation deserve the very best of the nation.
“At AG Mortgage Bank Plc, we don’t just finance buildings; we facilitate the foundations of a more secure future. This strategic partnership is dedicated to a singular, noble cause: providing premium, affordable housing solutions for the brave Men and Women of the Nigerian Armed Forces”, said Simon Ogwu, Executive Director, AG Mortgage Bank Plc.
While speaking on why this landmark land deal matters to AG Mortgage Bank Plc, Ogwu said, “Our military personnel commit their lives to our safety. Through this deal, we are ensuring they have a place to call home. This project isn’t just about acreage; it’s about dignity, security, and community for our nation’s defenders”.
“Success leaves clues! Following our impactful collaboration with the NSCDC (Civil Defence) Team, we are bringing that same expertise and drive to the Armed Forces housing sector. Proven track record: From the NSCDC to the Nigerian Armed Forces. We lead,” Ogwu said.
AG Mortgage Bank Plc has, in the past 20 years, consistently delivered exceptional mortgage services. The bank’s seasoned professionals ensure a smooth and successful home financing process for its clients, earning it a reputation for reliability and trustworthiness.
AGMB’s strategy as a national mortgage bank is to increase housing volume with its set goal of one million mortgages by 2030. This way, the bank creates wealth for all its investors and customers, and helps reduce the over 20 million housing deficit in Nigeria.