A Bill for an Act to Amend the National Housing Fund Act cap N45 Laws of the Federation of Nigeria 2004, to Review the Interest Rate Chargeable on the Contributions made by the Employer to the Fund and on Mortgage Sum, the Penalty Provisions to be Paid by an Employer who Fails to Deduct and Remit the Deducted Contributions to the Fund within the Stipulated Time and Encourage Self-Employed Persons to make Voluntary Contributions to the Fund and for Related Matters
National Assembly (2023)
Working Paper
This Bill seeks to amend the National Housing Fund Act Cap N45 Laws of the Federation of Nigeria 2004, to review the interest rate chargeable on the contributions made by the employer to the Fund and on mortgage sum, the penalty provisions to be paid by an employer who fails to deduct and remit the deducted contributions to the Fund within the stipulated time and encourage self-employed persons to make voluntary contributions to the fund.