FG assures CSOs of better housing for Nigerian workers

FG assures CSOs of better housing for Nigerian workers

- Civil servants in Nigeria will be receiving improved housing system, the federal government has assured

- FG said it is ready to deliver its mandate of solving the challenges encountered by Nigerians in affording a home

- According to the Federal Mortgage Bank of Nigeria, there would be flexibility in the process of accessing loan facilities by workers

The federal government on Tuesday, June 5, promised improved housing service for civil servants in Nigeria.

The promise was made by the executive director of finance and accounts at the Federal Mortgage Bank of Nigeria, Melville Ebo, during a courtesy visit by members of Civil Society Groups for Good Governance.

Ebo representing the managing director of FMBN, Ahmed Dangiwa, said the bank is ready to deliver its mandate of solving the challenges encountered by Nigerians in affording a home.

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He said: “We have cleared all backlogs of workers who were been owed after retirement seamlessly and we are also working on ensuring that our clients receive credit alerts of their deposits from salary deductions for the National Housing Fund Scheme.

"Currently the bank is taking advantage of the internet to provide their clients with an application that will bring a regular interface with the developments in the bank and I can assure you on behalf of management that we will intensify efforts in making sure that the bank operates within international best practice of mortgage financing."

He added that FMBN will continue to ensure flexibility in the process of accessing loan facilities by workers and ensure transparency of the process and operations of the bank.

Ebo urged states that are defaulting to keep this one vital promise that they owe their workforce.

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The president of the CSGGG, Ogakwu Dominic, who made the demand of better housing structure for civil servants commended the legislative process in place by the National Assembly.

Dominic said the process will ensure the recapitalization of the bank so as to help the mortgage institution deliver optimally on its statutory mandate for the betterment and welfare of the Nigerian worker and other stakeholders.

He further urged the National Assembly to expedite action on the amendment of the recapitalization process.

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The group also promised that CSGGG will exhaust all avenues to promote the bank in order for it to continue to gain the confidence of Nigerian workers and describe the call on the federal government to privatize the bank as unpatriotic and senseless.

Meanwhile, NAIJ.com earlier reported that the Senate had blamed the corruption level in Nigeria as the major contributor to housing deficits.

The Nigerian Senate said it is working on a bill that will check the incessant increase in house rents in Abuja and other parts of Nigeria.

The Senate said it noticed that that corruption had hindered development and growth in the housing sector.

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Source: Naija.ng

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