Federal Government Staff Housing Board Act

An Act to establish the Federal Government Staff Housing Board to administer a housing loan scheme for Federal Public Officers and for other matters connected therewith.

[1974 No.6.]

[Commencement. ] [17th May, 1972]

1. Establishment of the Federal Government Staff Housing Board

(1) There is hereby established a body to be known as the Federal Government Staff Housing Board (hereinafter referred to as “the Board”).

(2) The Board shall be a body corporate with perpetual succession and a common seal, and may sue and be sued in its own name.

2. Duty of the Board

It shall be the duty of the Board, within the limit of its resources and in accordance with regulations made by the Board under section 11 of this Act, to grant advances to persons eligible to receive them under this Act for the purpose of-

(a) building a residential house in Nigeria for use of the applicant or of his family; or

(b) purchasing a parcel of land in Nigeria on which such residential house is to be built; or

(d) improving or extending a residential house in Nigeria for use by the applicant or his family being a house owned by the applicant and to which he has a valid and good title acceptable to the Board,

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