Kano

How Do I Utilize My Nigerian National Housing Fund (NHF) Contributions?

What is National Housing Fund? The National Housing Fund ("NHF" or the "Fund"), which was established by the NHF Act of 1992 (the "Act"), is a scheme created by the Federal Government to cater for the housing needs of the Nigerian citizenry. What does the Act say about NHF and who is required to contribute? The Act provides that all Nigerian employees, whether self-employed or in paid employment are...

How To Access The National Housing Fund (NHF) Loan

WHO CAN APPLY Any Nigerian above the age of 18 The applicant must be a contributor to the National Housing Fund for a minimum period of six months. The applicant must have satisfactory evidence of a regular flow of income to guarantee loan repayment. PURPOSE The loan shall be for the purpose of building, purchasing or renovating a residential accommodation No loan shall be for...

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