MREIF: what you need to know about Nigeria’s mortgage refinance initiative
Abuja, Nigeria — May 5, 2026
The Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) is emerging as a key initiative aimed at expanding access to affordable housing finance in Nigeria.
The fund, backed by the Federal Ministry of Finance Nigeria, is designed to provide long-term, low-cost funding to mortgage lenders, enabling them to offer more accessible home loans to Nigerians.
MREIF is being implemented in collaboration with ARM Investment Managers, which serves as a strategic partner in structuring and managing the investment framework.
The initiative seeks to address challenges in Nigeria’s housing sector, particularly the limited availability of affordable mortgage financing and the high cost of borrowing. By improving liquidity within the mortgage market, the fund is expected to support home ownership and stimulate growth in the real estate sector.
Stakeholders say the programme represents a significant step toward deepening Nigeria’s financial markets while providing practical solutions to the country’s housing deficit.
