The Federal Government Staff Housing Loans Board (FGSHLB) has announced that it will seize mortgaged properties from retiring federal public servants who fail to fully repay their housing loans, in line with Public Service Rule 021002 (p).
The rule, issued by the Office of the Head of the Civil Service of the Federation (OHCSF), mandates that all public servants must obtain a Certificate of Non-indebtedness as a prerequisite for retirement.
“I am directed to bring to your attention the provision of Public Service Rule (PSR) 021002 (p), which mandates all public servants to obtain a Certificate of Non-indebtedness to the Federal Government Staff Housing Loans Board (FGSHLB) and any MDA Staff Multipurpose Cooperative Society,” the memo stated
Board to Enforce Recovery Measures
According to the memo, if a civil servant retires or exits the service without settling their housing loan, the FGSHLB has the legal right to repossess the property tied to the loan.
Salamatu Ladi Ahmed, Executive Secretary of FGSHLB, emphasized that the rule also applies to already retired officers who have defaulted. She added that the board is currently compiling a list of defaulters to share with regulatory agencies for debt recovery action.
“The Board shall exercise its legal right to seize the mortgaged property,” she said, reiterating the importance of compliance.
Urgent Call to Action for Public Servants
FGSHLB urged all affected federal workers—especially those nearing retirement—to settle any outstanding housing loan debts and secure the required certificate to avoid complications during their retirement process.
“The FGSHLB is committed to ensuring full compliance and urges all concerned to act immediately,” said Obiechina Ngozi, Head of Information & PRU.
