The Federal Mortgage Bank of Nigeria (FMBN) says the Integrated Personal Payrol information System (IPPIS) failed to remit N26.6 billion of workers contributory funds in two years.
Mr Madu Hamman, Managing Director of FMBN, said this on Thursday in Abuja while appearing before the House of Representatives Ad hoc committee probing the non-remittance to the National Housing Fund (NHF) and Utilisation.
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