National Housing Fund (NHF) Contributions

Nigeria Makes Changes to National Housing Fund (NHF) Contributions for Private Sector Employees.

The Nigerian government has amended the National Housing Fund (NHF) Act and exempted private sector employees from contributing to the National Housing Fund of the Federal Government. In accordance with the amended NHF Act, private sector employees earning the national minimum wage and above may still voluntarily contribute 2.5% of their monthly income NHF.

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change