Following the dissolution of the entire board of the Federal Housing Authority, FHA, President Goodluck Jonathan has approved an interim management team under the supervision of the agency's Technical Board.
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The team under the leadership of the Authority's Managing Director, Mr. Terver Gemade, shall be responsible for the day-to-day running of the affairs of the agency for the next twelve months, beginning from March 20, 2013.
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A statement announcing the development, issued by the Director of Press in the Ministry of Land Housing and Urban Development, Mr. Paul Onuoha, noted that under the new dispensation, the existing corporate structure has been changed to a lean, compact, effective and more result oriented commercialised format in line with the current reforms approved by government.