NLC threatens to pull out of National Housing Fund

The Nigeria Labour Congress (NLC) has threatened to pull civil servants out of the National Housing Fund (NHF), citing difficulties faced by workers in accessing the mortgage scheme despite monthly contributions to the fund.

The congress also criticised the Federal Mortgage Bank of Nigeria (FMBN) over its management of the funds of contributors.

The President of the NLC, Joe Ajaero, said on Wednesday during an investigative hearing organised by an ad hoc committee of the House of Representatives.