No Data Lost in FMBN Fire, Nigerian Housing Minister Assures

The Federal Mortgage Bank of Nigeria (FMBN) headquarters in Abuja has undergone a fire incident, but the Minister of Housing and Urban Development, Engr. Muttaqa Rabe Darma, has assured the public that all critical records and customer data remain secure.

Darma inspected the damaged building on Tuesday, expressing gratitude that no lives were lost in the fire that occurred on Saturday. He received briefings from FMBN management and technical staff regarding the incident's potential causes, the extent of the damage, and the measures in place to ensure operational continuity. The fire was reportedly confined to a section of the second floor.

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Anyone found negligent in the discharge of their duties, following the conclusion of investigations, will be held accountable.

Preliminary findings suggest an electrical fault may have caused the blaze, though a comprehensive investigation by experts is still underway. "Anyone found negligent in the discharge of their duties, following the conclusion of investigations, will be held accountable," the minister stated.

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I'm convinced by the management that nothing is really lost, except the physical structure of the building.

He commended FMBN for its digitized operations, highlighting that the bank's cloud-based backup system successfully safeguarded all essential customer information and operational documents. "I'm convinced by the management that nothing is really lost, except the physical structure of the building," Darma said, noting that the fire primarily affected paperwork.

The minister reaffirmed the Federal Government's commitment to affordable housing and indicated that ongoing reforms at FMBN aim to improve mortgage delivery. He assured Nigerians that the president's promise of 100,000 housing units within four years will be fulfilled and that FMBN has been directed to increase mortgage access to approximately 2,000 annually. The bank confirmed it remains operational and is cooperating with authorities.

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I assure Nigerians that they should continue to patronise the Federal Mortgage Bank of Nigeria. The bank is fully operational and services have not been disrupted.