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The Federal Government Staff Housing Loans Board (FGSHLB) has announced a strategic collaboration with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) aimed at improving the recovery of outstanding staff housing loans and deepening financial accountability within the scheme.

The partnership was formalized during a high-level meeting between both institutions in Abuja, where they agreed to intensify efforts to ensure that public funds invested in the housing loan programme are responsibly managed and promptly recovered in line with established guidelines.

According to a press statement signed by Obiechina Ngozi, Head, Information and Public Relations Unit (PRU), the collaboration is expected to strengthen compliance among loan beneficiaries, enhance transparency in the recovery process, and safeguard the long-term sustainability of the loan scheme for current and future federal government employees.

During the meeting, the Executive Secretary of the Board, Hajiya Salamatu Ladi Ahmed, reaffirmed the FGSHLB’s commitment to responsible loan management and the protection of government resources.

She stated that the partnership with the ICPC represents a significant step toward ensuring that defaulters are held accountable, overdue repayments are recovered, and the integrity of the loan programme is sustained.

In his remarks, the Director of Operations of the ICPC, Mr. S. Yahaya, commended the initiative and noted that the Commission remains committed to supporting Ministries, Departments, and Agencies (MDAs) in implementing policies designed to curb financial misconduct.

He assured the Board of the ICPC’s readiness to deploy its enforcement, investigative, and preventive mechanisms to ensure that the loan recovery exercise is fair, lawful, and effective.

Through the collaboration, both agencies will jointly take appropriate enforcement actions where necessary to address cases of persistent default.

The FGSHLB has encouraged all beneficiaries with outstanding loan balances to take advantage of the current recovery window to regularize their accounts and avoid sanctions.