The Federal Government has explained why many federal workers are unable to benefit from its housing loan schemes, citing multiple deductions from their salaries for commercial lending agencies.
Hajiya Salamatu Ahmed, Executive Secretary of the Federal Government Staff Housing Loans Board, disclosed this at the Permanent Secretaries’ Quarterly Forum with Union Leaders, organised by the Service Welfare Office of the Office of the Head of the Civil Service of the Federation (HCSF).
According to her, most workers had already “mortgaged their salaries” by taking several loans from money-lending firms, leaving them financially incapable of repaying housing loans…..CONTINUE FULL READING>>>
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