NATIONAL HOUSING FUND ACT

Section 4: Contribution by Nigerian workers

1992Section 4 of 27Federal Republic of Nigeria

(1) A Nigerian worker earning an income of N3,000 and above per annum in both the public and the private sectors of the economy shall contribute 2.5 per cent of his basic monthly salary to the Fund.
(2) An interest rate of 4 per cent shall be payable on contributions made under subsection (1) of this section.

Cite this section

Section 4, NATIONAL HOUSING FUND ACT (1992).

https://repo.podus.ai/laws/national-housing-fund-act/section/4/