Nigeria: Govt Approves N10bn Housing Scheme for Civil Servants
Officials said the scheme will fund homeownership, renovation and rent support for workers as housing costs and building materials rise.
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FG Approves N10bn Housing Scheme For Civil Servants
The federal government has announced a N10 billion housing scheme to bridge Nigeria’s housing deficit and facilitate affordable housing for low and middle income workers. Head of Service of the Federation, Mrs Didi Esther Walson-Jack, made the announcent in Abuja on Friday during a joint press conference with the Federal Mortgage Bank of Nigeria, National Pension Commission, among other relevant agencies She said, “The Preaident has approved a t…
FG Approves N10bn Housing Loan Scheme for Civil Servants
The Federal Government has approved a N10 billion housing loan scheme for federal civil servants across the country.The scheme is designed to provide affordable mortgage financing to help public sector workers acquire homes and reduce the housing deficit among government employees.Under the plan, eligible civil servants will be able to access loans at single-digit interest rates with flexible repayment terms. The Federal Mortgage Bank of Nigeria…
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