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Nigeria’s House of Representatives has mandated the Committee on Housing and Habitat to investigate the unnecessary delays and non-refund of retirees’ contributions to the National Housing Fund (NHF).

The lawmakers also asked the Federal Mortgage Bank and the National Housing Fund (NHF) to ımmediately ensure all contributions, remittances from Ministries, Departments, and Agencies (MDAs) are promptly refunded to beneficiaries if not utilized. 

These resolutions were reached following the House consideration and adoption of a motion titled ‘Need to Investigate the Non-refund of Contributions to Beneficiaries by the National Housing Fund (NHF)’ sponsored by Edim Eta Mbora (PDP, Cross River).

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The motion was taken on the floor of the House during plenary on Tuesday.

In his debate, Mbora stated that the National Housing Fund (NHF) Act provides that refund shall be made to contributors who did not obtain a housing loan while in service and should be processed and paid within three (3) months of receipt of the application for a refund.

The lawmakers highlighted that the National Housing Fund (NHF) was established to mobilise funds to facilitate the provision of affordable housing for employed Nigerians. It also noted that every Nigerian earning N3,000 or more per annum is required to contribute 2.5 percent of his or her monthly salary to the NHF.

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“Concerned that some Ministries, Departments and Agencies (MDAs) do not remit deductions from contributors salaries to managers of the fund as stipulated by the Act, hence contributors who are mostly civil servants, are often oblivious of remittances made on their behalf while in service until the time of their retirement.

The retirees who applied to the Federal Mortgage Bank and the National Housing Fund to be refunded have not been attended to in the last three years, resulting in endless delays of refund and non-payment of their refund.”

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Similarly, the House lamented that retirees who have invested productive years in  service to the nation have not gotten rewarding treatment. This, it says has to do with getting their contribution to the fund during active years in service; since the country does not provide social security welfare for retirees.

Presiding officer, Femi Gbajabiamila ruled in the affirmative and the relevant committee is expected to be reported back within four (4) for further legislative action.

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