FG Moves to Recover Billions in Unpaid Housing Loans, Partners ICPC for Enforcement

Maryam Aminu

The Federal Government Staff Housing Loans Board (FGSHLB) has launched a major crackdown on overdue housing loans, announcing a strategic partnership with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to fast-track recovery and strengthen accountability across the public service.

The collaboration, sealed at a high-level meeting in Abuja on Thursday, signals the government’s renewed determination to ensure that funds invested in staff housing projects are properly managed and promptly repaid. The joint effort is expected to tighten compliance, boost transparency, and protect the sustainability of the housing loan scheme for current and future beneficiaries.

Speaking at the meeting, the Executive Secretary of FGSHLB, Hajiya Salamatu Ladi Ahmed, said the partnership marks a decisive step in holding defaulters accountable and safeguarding government resources.

3rd Left- Executive Secretary FGSHLB, Hajiya Salamatu Ladi Ahmed, flanked on her left is Mr. S. Yahaya, Director, Operations, ICPC with other FGSHLB Management Staff.

She stressed that outstanding repayments have slowed progress in providing more federal workers with affordable home-ownership opportunities.

In his remarks, the ICPC Director of Operations, Mr. S. Yahaya, commended the initiative and reaffirmed the Commission’s readiness to deploy its investigative, enforcement, and preventive capabilities to support the loan recovery drive. He emphasized that the process will be conducted lawfully and transparently.

Under the new framework, both agencies will jointly evaluate loan defaults and take appropriate enforcement actions where necessary. The Board has also urged all beneficiaries with outstanding balances to seize the ongoing repayment window to regularize their accounts and avoid sanctions.

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