The Force Headquarters has explained to grumbling members of the force whose grievances have been over ‘forced deductions’ of N11,000 from their salaries (N5,500 each in June and July) by the leadership of the force, to acquire shares for policemen in the Police Mortgage Bank, that the deductions were meant to assist the officers own houses.
Force spokesman, CSP Frank Mba, who spoke to Vanguard explained that with the Police having a whooping N8 billion tied down in the Federal Mortgage Bank of Nigeria, an amount which many other mortgage concerns have been accessing and benefiting from, the present Police leadership feels time had come for policemen to enjoy the fruit of their labour.
Mba noted that with the contribution of N11,000 across board (from IGP to constable), which makes every policeman a share holder and part owner of the Police Mortgage Bank, “Every police officer irrespective of rank is entitled to a loan of up to N15 million at a single digit interest rate not exceeding eight per cent and repayable over a maximum period of 30 years, to build his own house.
“Every police officer irrespective of rank can also get up to N15 million on same terms to renovate his property, purchase a piece of land and purchase a house either independently or through the Police Housing Scheme.”
super story part 2
Well,it is nice to d hearing but i pray it will not be ‘theif tap am,armed robber snatch am’. It is well.
This one done pass super story,na serious insult. Bottom line is Nigerians will be extorted more than ever.
Is it the right time for the IG to build mansions out of the sweat of the helpless and poorly paid junior ranks?
I KNEW WHAT YOU TRYING TO POLISH OUT YOU COULD BE RIGHT AND ALSO WRONG BECAUSE NO ONE IS PERFECT EVEN IN TERMS OF A CHILD BEEN FORMED PERFECTLY INSIDE THE MOTHER,S STOMAC,YOU CAN SEE THAT AT TIMES WHEN THE MOTHER GIVING BIRTH TO HAVE THE CHILD PERFECTLY, YOU SEE THAT AT THE END YOU SEE THE CHILD WITHOUT PENNY OR VIRGINA BUT HAVE GIRL STRUCTURE OR MAN WHAT I AM TRYING TO SAY IS THAT WE HAVE TO STOP SAYING BAD AGAINST OURSELVES IF A COUNTRY IS NOT MOVING TO EXPECTATION THEN WE HAVE TO COOPERATE TO MAKE THINGS WORK OUT GOOD BECAUSE IF THINGS GOOD FOR ME,IT WILL ALSO GOOD FOR YOU AND IF RESULTS GOING CLOSE TO THE PERSON YOU FEEL YOU CAN TALK YOUR IDEAS WITH THEN YOU CAN DO SO FOR UNDERSTANDING AND THIS IS WHAT CALLED LOVE
My salary is my right. Why will Nigeria police impose buying of shares on me. Nothing good can come out of most of our senior police officer. We have no trust on them even the so called deputy PPRO. Nigerians please help us.
Nothing good can come out.
It is almost 2yrs now and we still haven’t heard anything good from the forceful deduction. LHM!