By Harry Awurumibe, Editor Abuja Bureau
To ensure that Nigerians are not scammed in their desperate efforts to get a roof over their heads, the management of FHA Mortgage Bank has distanced itself from an advertorial in the pubic space claiming the financial institution is in need of urgent capable developer for massive project in the Federal Capital Territory (FCT), Abuja.
In a message sent out to the general public by FHA Mortgage Bank Limited Managing Director/CEO, Hayatuddeen Awwal, on Tuesday, clearly warned Nigerians to beware of scammers, insisting that the bank is not in search of developers for the construction of 10,000 Housing Units in Abuja at the moment.
He therefore urged Nigerians not to fall prey to the antics of scammers, pointing out that FHA Mortgage Bank Limited is not involved in the project.
Prompt News reports that the scammers put out an advertorial titled: Urgent Capable Developer Needed for Massive Project”, telling the public that “an Award For Partnership With FHA Mortgage BANK LIMITED To A Company to Develop 10,000 Housing Units in Abuja”.
The message also said that: “The Allotee is looking for Capable Developer to partner with to develop 5000 units here in Abuja. The land has been provided for the project, Off-Takers for the houses, Bill of QUANTITY, Site Plan and Designs but needs Capable Developer to partner with for the project.
“Title:FCDA C OF O; Sharing Ratio -50/50; Premium: TBD; Facilitators Fee: 5%”
“The Total Cost of the Project is *432 BILLION* for the 10,000 units, he also wants to *Subcontract 5000 units from it which is 216Billion* To a Reputable Company that’s Financially okay” .
“Locations For Abuja Site are; GUZAPE, KATAMPE EXTENSION, AIRPORT ROAD, APO, BWARI, etc”.
“NOTE: Also the company wants to subcontract 5000 units from 10000 units, the worth of the contract is 216Billion for the 5000 units and the other 5000 units is for the JVPartnership. 5% of facilitators fee applied”, the message concluded.
But FHA Mortgage Bank MD has poured cold water on the message calling it a Fake News, saying “we are sending a disclaimer against it. Please help us circulate the disclaimer, we are never part of the process at all.
“It’s a scam, please urgently tell everyone that it is yahoo yahoo people”, Awwal told Prompt News.
