By Gloria Ikibah
The House of Representatives Committee on Housing and Habitat is set to commence an extensive investigation into the MOFI Real Estate Investment Fund (MREIF), a flagship housing initiative introduced under President Bola Ahmed Tinubu’s administration to expand access to affordable home ownership for Nigerians.
The probe, scheduled to begin on Tuesday, June 2, will examine the administration, operations and overall performance of the fund, while also addressing a number of petitions submitted to the committee. 
Chairman of the Committee, Rep. Abdulmumin Jibrin, said the exercise was intended to ensure that the fund delivers on the objectives for which it was established and aligns with the expectations of the President.
He added that the lawmakers will undertake a detailed review of the scheme’s activities and operational record.
According to him, “The Committee is embarking on this exercise to ensure that the administration and performance of MREIF meets the expectations of the President.
“The Committee will take a comprehensive look at the activities and performance of the MREIF as well as address multiple petitions”.
As part of the investigation, the committee has directed the Managing Director of MREIF and the organisation’s management team to appear before it.
“The Managing Director and entire management of MREIF have been summoned to attend the session unfailing,” Jibrin stated.
The MREIF was established as a key component of the Federal Government’s efforts to tackle Nigeria’s housing deficit by providing more accessible pathways to home ownership through innovative financing mechanisms.
The House committee’s review is expected to assess the effectiveness of the initiative and determine whether it is meeting its intended objectives.
