News Investigators/ Federal civil servants will soon have the opportunity to purchase mobile phones, electronics, household appliances and other essential items on interest-free instalments through a new digital marketplace known as FGMarket.
The platform, being developed by The Guarantor and Partners Ltd., is expected to commence operations on December 1, 2026, and will connect federal civil servants with manufacturers, vendors and suppliers of essential goods.
According to a report by the News Agency of Nigeria (NAN), the Chief Executive Officer of The Guarantor and Partners Ltd., Maryam Isah, disclosed this during an interview with the agency in Abuja on Monday.
Mrs Isah explained that FGMarket is being developed in collaboration with the Office of the Accountant-General of the Federation (OAGF) and the Integrated Payroll and Personnel Information System (IPPIS).
She said the initiative was designed to address the financial challenges many civil servants face when trying to purchase essential items with their monthly salaries, particularly where making full payment at once is difficult.
Under the arrangement, eligible federal civil servants will be able to select products online and spread payments over several months through agreed monthly salary deductions, without paying interest.
According to her, the initiative will enable workers to acquire items they need without necessarily having the full purchase amount upfront or resorting to conventional loans.
The platform will feature a wide range of products, including mobile phones, electronics, household appliances, essential commodities and educational materials.
To access the service, interested civil servants will be required to register with their service numbers and verified phone numbers before undergoing an eligibility verification process.
FGMarket will also provide flexible delivery arrangements, allowing customers to receive their purchases at their homes or offices or collect them directly from designated vendors.
Mrs Isah further explained that the platform would benefit participating vendors and manufacturers by providing access to a wider market of verified federal civil servants. The structured salary deduction arrangement will also provide a more organised means of recovering payments for goods supplied.
She noted that FGMarket would complement the Federal Government’s broader efforts to expand consumer credit access and improve financial inclusion among Nigerian workers.
The report also highlighted the role of the Nigerian Consumer Credit Corporation (CREDICORP), established to expand access to consumer credit, particularly for working Nigerians who face difficulties accessing loans. The corporation is working towards increasing consumer credit access to 50 per cent of economically active Nigerians by 2030.
According to Mrs Isah, FGMarket will contribute to this objective by providing a digital platform through which workers can access essential goods and conveniently spread payments over an agreed period.
She added that the platform could also help participating workers build positive credit histories through consistent repayments, thereby encouraging responsible credit usage.
The company has therefore encouraged interested federal civil servants and vendors to register ahead of the December 1 launch through www.fgmarket.ng. Support and further information are also available at the company’s Abuja office.
NAN
