What is the National Housing Fund (NHF) in Nigeria? What are the recent changes?

The National Housing Fund (NHF) in Nigeria has undergone significant changes, particularly regarding the responsibility of contributions.


What is the National Housing Fund (NHF)?

The National Housing Fund was originally established to provide financial support for housing development and facilitate affordable housing for Nigerian workers. Under the scheme, contributions were mandated for both employers and employees.


Recent Changes: Contribution Responsibilities

  • Discretionary Employee Contributions: The NHF scheme is no longer mandatory for employers. It is now at the discretion of employees whether they choose to contribute to the NHF.
  • Employee Contribution Rate: If employees opt to contribute, they are responsible for 2.5% of their basic salary. Employers are no longer required to make any contributions to the NHF.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article