The Federal Government has approved a new housing loan ceiling for civil servants, allowing Permanent Secretaries to access up to ₦25 million under the revised Federal Government Staff Housing Loans Board scheme.
A memo signed by the Head of Civil Service of the Federation, Didi Walson-Jack, said the review aims to improve workers’ welfare and support home ownership among federal employees.
“In line with the government’s commitment to enhance the welfare of its workforce, the ceiling for housing loans has been reviewed upwards,” the memo stated.
Under the new structure, Permanent Secretaries can get ₦25m; Level 17 officers ₦14m; Levels 15–16 ₦12m; Levels 12–14 ₦10m; Levels 8–10 ₦8m; Levels 5–7 ₦6m; and Levels 3–4 ₦5m.
Before now, the highest-ranking civil servants could access only ₦15m.
The loans will be repaid over 25 years, depending on age. Retirees must clear outstanding balances from non-salary sources, while the board may take possession of property if repayment is incomplete.
A former ASCSN President, Tommy Etim, hailed the move as long overdue, noting it makes the loan more meaningful and fairer across all cadres.
