FRSC/FHCS/LKG/AL/Vol.1/

To:      ALL BENEFICIARIES:                                                                      February, 2010

            LOKOGOMA HOUSING
            MORTGAGE ARRANGEMENT FOR BENEFICIARIES

The above subject refers.

We want to bring to your knowledge that the Federal Mortgage Bank of Nigeria has reviewed the ceiling of its NHF facility from N5m to N15m at 6% interest rate. This is in response to the yearnings of Contributors against the prevailing housing cost and the inadequacy of the N5m ceiling.

2.        Consequently, the Secretary Housing Co-operative and the HOU (NHF) met with officials of the Federal Mortgage Bank of Nigeria (FMBN) to discuss modalities on how beneficiaries of Lokogoma Houses can access their individual NHF loan facility within a record time.

3.        To enable us achieve our goal, the Corps Marshal & Chief Executive has graciously approved the engagement of Stallion Home Savings & Loan Limited as our Accredited Primary Mortgage Institution (PMI). As a result, we hope to conclude all necessary documentations on or before Friday, 12 February, 2010.

4.        Therefore, beneficiaries of Lokogoma Housing are cordially requested to contact the HOU (NHF) or come to the Secretariat with the following documents for the completion of relevant forms.
i.          Photocopies of Staff ID card,
ii.         4 recent Passport photographs
iii.        NHF Passbook.

5.        Thank you for being part of this project.

For: FRSC Housing Co-operative

 

GO Omiko (JP)       
Deputy Corps Commander
Secretary General