BREAKING: FG rolls out MASSIVE N30B housing programme for civil servants

The federal government of Nigerian has launched a new housing programme for civil servants in Nigeria

- The head of civil service of the federation said N30 billion has been earmarked for the programme

- She said the programme is a strategic initiative designed as an intervention project for massive housing deliver for civil servants

The federal government said it has earmarked N30 billion for civil servants housing project

The federal government of Nigerian has launched a new housing programme for civil servants in Nigeria.

The head of civil service of the federation Winifred Oyo-Ita on Thursday, February 2, said the programme under the Federal Integrated Staff Housing (FISH) is a strategic initiative designed as an intervention project for massive housing deliver for civil servants.

Oyo-Ita who spoke at a one-day FISH workshop said the project will also solicit for group land allocation with title deeds and relevant documents from the Federal Capital territory Administration and the states.

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She also said the federal government has mapped out N30 billion for the execution of the programme which will make available affordable houses for civil servants in Nigeria.

Meanwhile, the head of civil service noted that over 23,000 civil servants across the country have been duly registered under the programme.

“The financial commitments in this arrangements which is currently in the region of N30billion brought us to the realization that we require innovative strategies in financing the FISH project beyond the traditional sources like, the Federal government Staff Housing Loans Board, FGSHLB and the Federal Mortgage Bank of Nigeria, FMBN,” Oyo-Ita said.

The FGBN grant housing loans to public servants at three percent and FMBN grant mortgage at six percent interest rate through primary mortgage institutions to civil servants and other Nigerians who are contributors to the National Housing Funds,” she said.

Oyo-Ita said the FISH programme is focused on reducing all bottlenecks encountered by citizens while securing lands for good projects.

“Most importantly, to eliminate middlemen and land speculations from the housing value-chain,” she said.