News
JUST IN: FG to seize retirees’ property over unpaid housing loans
The Federal Government Staff Housing Loans Board says it has begun the compilation of list of retired civil servants who have defaulted on the full repayment of housing loans obtained.
Head of Information and Public Relations, FGSHLB, Mrs Ngozi Obiechina, disclosed this in a statement on Thursday in Abuja.
Obiechina quoted the Executive Secretary of the Board, Mrs Salamatu Ahmed, as saying that the move was aimed at recovering mortgaged properties from retirees who failed to meet their loan obligations.
Ahmed noted that the decision followed a recent memo issued by Mrs Patience Oyekunle, Permanent Secretary, Career Management Office, Office of the Head of the Civil Service of the Federation.
According to her the memo reminded public servants of the mandatory requirement to obtain a Certificate of Non-Indebtedness to the FGSHLB and MDA Staff Multipurpose Cooperative Society as a precondition for retirement.
The executive secretary said that the board would take necessary legal steps to repossess properties where applicable, in line with the terms of the loan agreements.
She said this was in line with the provisions of the Public Service Rules 021002 (p), issued by the Office of the Head of the Civil Service of the Federation.
”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 as a prerequisite for retirement.”
“The Federal Government will commence the seizure of mortgaged properties belonging to retiring federal public servants who have failed to fully repay housing loans obtained from the board,” she said.
Ahmed explained that the FGSHLB reserves the legal right to repossess any mortgaged property in cases where a public servant exits service without fully repaying the loan.
She reiterated that the directive also applied to already retired officers who were still indebted.
She urged all affected public servants to regularise their loan status and obtain the required clearance certificate without delay.
“The board is currently compiling a list of such retirees, which will be forwarded to relevant regulatory agencies for debt recovery.
“The FGSHLB remains committed to enforcing compliance and ensuring proper loan recovery procedures are followed, ” she added.
NAN
News
Navy’s Chief of Operations, Rear Admiral Katagum dies in Egypt
Rear Admiral Katagum previously served as the Director, Naval Intelligence., he’s one time Deputy Defence Adviser, Paris, France and was at the Defence Headquarters before his recent appointment as Chief of Operations by the Chief of Naval Staff, Vice Admiral Idi Abass.
Photo: Rear Admiral Musa Katagun
Chief of Operations at Naval headquarters, Rear Admiral Musa Katagun is dead at a hospital in Egypt.
News of Rear Admiral Katagun’s death was confirmed by military sources on Thursday.
Katagum is said to have traveled to Egypt for follow up medical evaluation after undergoing an initial surgery in September last year.
Rear Admiral Katagum previously served as the Director, Naval Intelligence., he’s one time Deputy Defence Adviser, Paris, France and was at the Defence Headquarters before his recent appointment as Chief of Operations by the Chief of Naval Staff, Vice Admiral Idi Abass.
News
Ondo monarch gunned down outside palace
The armed men were said to have attempted to kidnap him but he refused, resulting to being shot.
•Kehinde Jacob Faledon
Kehinde Jacob Faledon, the traditional ruler of Agamo Community in Akure North Local Government Area of Ondo State, has been shot dead.
Police Public Relations Officer in Ondo, Jimoh Abayomi, confirmed the incident, said that the monarch was killed after gunmen forced him out of the palace, on Wednesday night.
The armed men were said to have attempted to kidnap him but he refused, resulting to being shot.
“Information reached the division at about 7:50pm from a community leader, High Chief Ajewole Clement of New Town, Itaogbolu, that about six armed men stormed the residence of the monarch and forcibly took him away,” Abayomi said.
“The victim was subsequently found with gunshot injuries and was confirmed dead at the scene.
“The divisional police officer supported by tactical teams of the command, mobilised officers in collaboration with local hunters, Atuluse Security, and Amotekun operatives are combing the surrounding bushes and neighbouring communities.
News
British Royal House Confers on Wale Edun “Commander of the Royal Victorian Order”
Acting on behalf of King Charles, Princess Catherine conferred the honour in recognition of distinguished personal service to the Crown.
The British Royal House has conferred the honour of Commander of the Royal Victorian Order on Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
The investiture at Windsor Castle carried a ceremony and symbolism.
Acting on behalf of King Charles, Princess Catherine conferred the honour in recognition of distinguished personal service to the Crown.
The award places Edun among a select group of global achievers whose public contributions transcend borders.
The ceremony also recognised Lydia Tischler, a Holocaust survivor and child psychotherapist; Rhys McClenaghan for services to gymnastics; and John Whiston for services to broadcasting and television.
Edun’s recognition resonated far beyond the grandeur of Windsor, highlighting the growing international regard for Nigeria’s reform leadership.
A former trustee of the Duke of Edinburgh’s International Award, Edun’s career has long combined global engagement with institution-building.
Those same principles underpin his stewardship of Nigeria’s economy, where confidence, discipline, and consistency have become the defining themes of reform.
Since assuming office, Nigeria has begun to reverse years of macroeconomic fragility.
Navy’s Chief of Operations, Rear Admiral Katagum dies in Egypt
CBN’s Cardoso Advocates cross-border payments reform at G-24 meeting
Donald Trump: I love Nicki Minaj
Tech Expert, Zuckerberg trains with UFC champions, Adesanya, Alexander
Organ Trafficking: Ekweremadu bags 10 years in UK prison
SAINT OBI: Between his marriage and his death
-
News3 days agoTinubu Commends Fintiri, Ribadu, Vows More Prosperity in Adamawa Visit (Video)
-
News2 days agoReverend Jesse Jackson, Iconic Civil Rights Leader, Dies at 84
-
News4 hours agoOndo monarch gunned down outside palace
-
Health2 days agoFederal Ministry of Health Orders Immediate Retirement of Directors After 8-Year Tenure
-
Politics2 days agoPolitical thugs invades Ondo APC ward congress , beats chairman
-
Business1 day agoDangote Forecasts Major Naira Appreciation to ₦1,100 per Dollar in 2026
-
Business1 day agoNRS Fixes 2028 for e- invoicing tax collections full takeoff
-
Politics1 day agoAgain, Violence Erupts at Ondo APC Congress in Idanre