FGSHLB partners with MOFI on provision of housing loans to public servants
In a bid to boost home ownership among federal public servants, the Federal Government Staff Housing Loans Board (FGSHLB) has forged a strategic partnership with the Ministry of Finance Incorporated (MOFI) on the provision of housing loans to workers.
This initiative was made public through a notice signed by Salamatu Ladi Ahmed, the Executive Secretary of the Loans Board, and dispatched to all federal parastatals, military, para-military, police, and other interested agencies.
According to a statement issued by the Head, Information and Public Relations of the Board, Mrs. Ngozi Obiechina, the partnership aims to offer housing loans to federal employees up to Fifty Million Naira (N50M) at a higher single-digit interest rate with a maximum repayment period of twenty-five (25) years.
This initiative, in line with FGSHLB’s mandate, seeks to promote stability, security, and overall well-being, enhancing job satisfaction among government employees.
The notice advised all interested public servants to visit the Board’s office, located at 10th and 11th Floor of Block B, Office of the Head of Civil Service of the Federation (OHCSF) for all enquiries.
