In conclusion, today’s unprecedented crisis will require an unprecedented reaction from the entire Nigerian public sector, as well as the personal sector. The Nigerian economy is expected to contract in 2020 by at least 3%. Falling global oil costs will reduce exports: More than 80% of Nigeria’s exports come from the oil sector. In this context, FMBN housing projects planned in accordance with the federal governments’ National Plan for Economic Sustainability (PNSE) will help stimulate inclusive economic expansion and stimulate recovery. Therefore, it is vital that the government and applicable housing industry participate in the board and control of the FMBN in its efforts to achieve those worthwhile projects.
