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Home»LAW & HUMAN RIGHTS»House of Reps summon AGF, CBN over National Housing Fund
LAW & HUMAN RIGHTS

House of Reps summon AGF, CBN over National Housing Fund

NewsdeskBy NewsdeskAugust 30, 2023Updated:August 30, 2023No Comments1 Min Read
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The House of Representatives ad-hoc committee probing the alleged non-remittance and utilization of National Housing Fund from 2011 till date, has summoned the Accountant-General of the Federation (AGF), Oluwatoyin Madein.

The Chairman of the Committee, Dachung Bagos, announced this during an investigative hearing in Abuja on Tuesday.

It also invited the Central Bank of Nigeria (CBN) to appear before the panel on the same matter.

They are expected to address the committee on Thursday.

Bagos said the committee summoned the accountant-general in order to get full information on deductions of National Housing Fund from workers’ salaries and remittance of the same to the Federal Mortgage Bank of Nigeria.

Madein is also expected to explain the disparities in the deductions from workers from various Ministries, Departments and Agencies (MDAs) as well as remittance of only N20 billion to FMB since 2011.

RipplesNigeria

Accountant general CBN National Housing Fund Non remmitance
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