President Goodluck Jonathan has launched the Nigeria Mortgage Refinance Company in Abuja, the Federal Capital Territory.
At the presidential launch of the company, President Jonathan decried the short tenure of loans to Nigerians by commercial and mortgage institutions.
He said that he would do all in his powers to alleviate the constraints to rapid housing development in the country.
He also called on state governments to improve land registration systems in their states to enable Nigerians have access to land titles.
He charged the private sector to assist in the development of skills of young Nigerians to stem cases of militancy and Boko Haram in the country.