Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

DG WTO Okonjo-Iweala urges Niger Delta states to establish special economic zones

September 18, 2026

Finance Ministry, CBN Sign MoU to Strengthen Fiscal and Monetary Policy Coordination

September 18, 2026

NDDC Will Sustain Investment in Education for Niger Deltans – Ogbuku

September 18, 2026
Facebook X (Twitter) Instagram
Trending
  • DG WTO Okonjo-Iweala urges Niger Delta states to establish special economic zones
  • Finance Ministry, CBN Sign MoU to Strengthen Fiscal and Monetary Policy Coordination
  • NDDC Will Sustain Investment in Education for Niger Deltans – Ogbuku
  • President Macron hosts Tinubu as Nigeria, France renew commitment to stronger ties
  • FG Suspends Niger NSCDC Commandant Over 37 Miners Deaths
  • FG Sets Six-Week Review Of 2025 Tax Laws Ahead Of 2027 Finance Bill
  • NAFDAC destroys N59m expired donated medicines in Rivers
  • Illegal Mining: NSCDC Confirms Deaths Of Suspects In Custody, commence probe
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Government»FG increases allowances, launches N10bn housing loan scheme for civil servants
Government

FG increases allowances, launches N10bn housing loan scheme for civil servants

VardiafricaBy VardiafricaApril 24, 2026Updated:April 24, 2026No Comments6 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Federal Government has announced a sweeping package of welfare reforms for civil servants, including increased allowances and a ₦10 billion housing loan scheme, to reflect current economic realities in the country.

Speaking at a press briefing on Friday in Abuja, the Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, said the measures underscore the administration’s commitment to placing workers’ welfare at the centre of governance.

She credited the reforms to the leadership of Bola Ahmed Tinubu, noting that the administration has created “an enabling environment” for meaningful improvements in the lives of public servants.

Walson-Jack outlined key interventions approved by the Federal Government, describing them as both immediate relief and long-term support mechanisms. She added that this marks a decisive shift from policy promises to tangible benefits.

She noted that at the core of the package is a landmark Exit Benefit Scheme, which guarantees 100 per cent of a retiring civil servant’s total annual emoluments. The initiative, effective from January 1, 2026, is designed to ensure that no public servant leaves service without financial dignity.

In addition, she said the Employee Compensation Scheme has been fully operationalised to provide support for workers who suffer job-related injuries, disabilities, or loss of life. The scheme complements existing insurance structures and expands protection for civil servants and their families.

Training and capacity development also received a boost, with the approval of full Duty Tour Allowance for officers attending programmes at designated government training institutions, regardless of whether travel is required.

According to her, the government also announced a review and upward adjustment of the Peculiar Allowance across all grade levels, alongside increases in Duty Tour Allowance, estacode, and book allowances to reflect current economic realities.

A major highlight of the announcement is the ₦10 billion housing loan scheme aimed at improving home ownership among civil servants.

Walson-Jack explained that the scheme would be implemented through the Federal Mortgage Bank of Nigeria in collaboration with the Federal Government Staff Housing Loans Board.

She emphasised that the reforms reflect a broader philosophy that a well-supported civil service is essential to national development.

The Head of Service also called for sustained collaboration across ministries, departments, and agencies to deepen the impact of the initiatives.

With the announcement coming ahead of Workers’ Day on May 1, Walson-Jack said the timing sends a strong message that the contributions of civil servants are being recognised not just in words, but through concrete policies.

“This is your moment,” she told public servants, affirming that their dedication and service to the nation are now being matched with meaningful support.

Speaking on the housing initiative, the Managing Director of the Federal Mortgage Bank of Nigeria, Shehu Usman Osidi, described the partnership as a strategic step towards expanding access to affordable housing.

He said the collaboration would create a more efficient framework for delivering mortgage loans to civil servants, offering options that cater to diverse needs, including home ownership, renovation, rent support, and incremental housing development.

Osidi noted that the bank has undergone reforms since 2024 to improve service delivery, enhance transparency, and introduce innovative mortgage products, positioning it to better serve contributors under the National Housing Fund.

He added that the initiative aligns with the government’s broader housing agenda, which prioritises affordable housing as a key driver of welfare and productivity

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Finance Ministry, CBN Sign MoU to Strengthen Fiscal and Monetary Policy Coordination

September 18, 2026

President Macron hosts Tinubu as Nigeria, France renew commitment to stronger ties

September 18, 2026

FG Suspends Niger NSCDC Commandant Over 37 Miners Deaths

September 18, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025576

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202498

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202454

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202552
Don't Miss
Economy
Economy By VardiafricaSeptember 18, 20263 Mins Read0

DG WTO Okonjo-Iweala urges Niger Delta states to establish special economic zones

By VardiafricaSeptember 18, 20260 Economy Updated:September 18, 202603 Mins Read

The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has urged Niger Delta states…

Finance Ministry, CBN Sign MoU to Strengthen Fiscal and Monetary Policy Coordination

September 18, 2026

NDDC Will Sustain Investment in Education for Niger Deltans – Ogbuku

September 18, 2026

President Macron hosts Tinubu as Nigeria, France renew commitment to stronger ties

September 18, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

DG WTO Okonjo-Iweala urges Niger Delta states to establish special economic zones

September 18, 2026

Finance Ministry, CBN Sign MoU to Strengthen Fiscal and Monetary Policy Coordination

September 18, 2026

NDDC Will Sustain Investment in Education for Niger Deltans – Ogbuku

September 18, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025576

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202498

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202454

Type above and press Enter to search. Press Esc to cancel.