FG N13BN Mortgage Refinancing Scheme Will Make Civil Servants More Efficient

Representative of the Head of Service, the Permanent Secretary, Common Service Office in the office of the Head of Civil  Service of the Federation/Chairman Federal Staff housing loans board and the Federal integrated Staff Housing Scheme,Mr Yemi Adelakun

Representative of the Head of Service, the Permanent Secretary, Common Service Office in the office of the Head of Civil Service of the Federation/Chairman Federal Government Staff housing loans board/Chairman Federal integrated Staff Housing Scheme,Mr Yemi Adelakun during the launching in Abuja.

The Head of the Civil Service of the Federation, Mrs. Winifred Ekanem Oyo-Ita has said the 13 billion Mortgage loan Refinance Scheme recently launched by the Federal Government will go a long way in ameliorating the housing deficit among the Nigerian civil servants in the country and by extension motivate them to being the EPIC civil servants they are expected to be which is Efficient ,Productive ,Incorruptible and Citizen Centered .This will avail the Federal Civil Servants the opportunity to own their own homes at the areas of their choice before retirement. 

She noted that, the scheme which is a collaborative initiative between the Office of the Head of the Civil Service of the Federation, the Federal Government Staff Housing Loans Board (FGSHLB), Federal Integrated Staff Housing Programme (FISH) and the Nigerian Mortgage Refinance Company (NMRC), is part of the present Governments effort and commitment to cater for the well being of the workers in Nigeria. This was contained in a good will message at the unveiling of the fund held at the ministry of Finance recently.
The Head of civil Service, who was represented at the occasion by the Permanent Secretary, Common Service Office in the office of the Head of Civil Service of the Federation, Mr. Yemi Adelakun,who is also Chairman Federal Staff housing loans board and the Federal integrated Staff Housing Scheme, further said that more efforts will be made to obtain land in order to make the houses more affordable.  
At the Occasion, the Honorable Minister of Finance, Mrs. Kemi Adeosun said that the “government had in recognition of the importance of housing earmarked N40 billion in the 2016 budget for the implementation of a comprehensive housing scheme in line with the government’s overall objective of providing the necessary stimulus to kick-start growth currently challenging economic environment.”
Representative of the Head of Service, Permanent Secretary Common Services Office, in the Office of the Head of Civil Service of the Federation, Mr Yemi Adelakun(5th Right) in a group photograph with key stakeholders of the Federal Integrated Staff Housing Programme(FISH) after the launching in Abuaj.Managing Director of Nigerian Mortgage Refinance Company (NMRC), Prof Charles Inyangete assured the government that the agency would continue to provide liquidity to the housing market, noting that with the huge housing deficit in the country, “there is need for those involved in housing delivery to come up with affordable houses for the people.”
SIGNED:
Kauthar Hassan Ibrahim Gwarzo
Information Officer II
(Media Relations)
For: Director (Communications)

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