AD

FG Launches N50 million Housing Loan

The Federal Government Staff Housing Loans Board (FGSHLB) has partnered with the Ministry of Finance Incorporated (MOFI) to offer housing loans of up to N50 million to federal public servants.

The initiative, announced in a notice signed by FGSHLB Executive Secretary Salamatu Ladi Ahmed, aims to boost home ownership among government workers. The loan will be provided at a high single-digit interest rate and will be repayable over a period of 25 years.

Also Read: Uniport Records Success in 2024 NUC Accreditation Exercise

The scheme is open to employees in Federal Parastatals, the Military, Paramilitary agencies, and the Police. It is designed to promote stability, job satisfaction, and overall well-being among public servants.

Interested individuals are advised to visit the FGSHLB office on the 10th and 11th floors of Block B, Office of the Head of Civil Service of the Federation (OHCSF), for further inquiries.

Obiechina Ngozi, Head of Information and Public Relations, confirmed the announcement on May 12, 2025.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Rulers Urged to Collaborate with Stakeholders for Security
IPMAN Commends Dangote Refinery’s Free Distribution Initiative
Flying Eagles Goalkeeper Set to Undergo Trials By English Clubs Ahead of Potential Transfer
NNPC Spokesperson Femi Soneye Resigns
RWUS Honours Gov Fubara, Demands Restoration of Democracy in Rivers
Italian Giant Reopens Talks With Osimhen

Leave a Reply

Your email address will not be published. Required fields are marked *