HDAN condemns illegal deduction of 40percent of NHF contributions and other payments by FG.
Housing Development Advocacy Network (HDAN) has raised an alarm over the illegal deduction of 40 percent of national housing contributions domiciled in the remittance account of the Central Bank of Nigeria.
Executive Director of HDAN, Festus Adebayo, in a statement issued in Abuja called anyone whoever is responsible for that deduction to please return it between now and end of December, 2022.
According to him, government who is expected to provide subsidy for civil servant should not descend so low to be deducting deposit of workers.
He went further to say that if the deductions are not returned, HDAN will take FG and others who are involved to court latest the second week of January 2023.
The Housing Development Advocacy Network is a nongovernmental organization promoting affordable housing and mortgages in Africa with membership of reputable men and women of unblemished character.