The National Housing Fund (NHF) was established under the NHF Act 1992 to facilitate the mobilisation of funds for the provision of affordable housing for Nigerians.

A new Bill which seeks to amend the National Housing Fund Act is undergoing consideration at the House of Representatives. The proposals will increase the minimum income threshhold for compulsory contribution to the NHF scheme and increase the penalties for offences and defaults.

Check out our alert for more details.

Download PwC Tax Alert_Proposed changes to NHF Scheme

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