FMBN MD/CEO Osidi Named 2025 Most Transformative Public Sector Leader as NAPS Applauds Fresh Reforms
By National Association of Polytechnic Students (NAPS) October 2025 The National Association of Polytechnic Students (NAPS), the umbrella body representing over 28 million students across Nigeria’s polytechnics, monotechnics and colleges of technology, has again commended the Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Mr. Shehu Usman Osidi, describing him as “the most transformative public sector leader of the year.” This latest recognition follows what NAPS describes as “Year of accelerated reforms, bold restructuring, and visible impact on housing finance nationwide,” marking a new phase in the ongoing transformation of FMBN. According to NAPS, recent financial updates from the Bank show that FMBN under Mr. Osidi has continued to record positive financial performance, building on earlier surpluses of ₦11.6 billion in 2024 and ₦6.5 billion in Q1 2025. With improved liquidity and stronger internal controls, the Bank has reportedly expanded...