House Committee to Investigate Non-Remittance to National Housing Fund

Gloria Essien, Abuja

On Aug 19, 2023

The House of Representatives is set to launch an investigation into the non-remittance of funds to the National Housing Fund (NHF) and the utilization of the fund since 2011.

The committee has invited key stakeholders to participate in an investigative hearing scheduled to commence on Wednesday, August 23.

In a memo issued by the Chairman of the committee, Hon Dachung Musa Bagos, it was stated that the Speaker of the House of Representatives, Tajudeen Abbas, will inaugurate the investigative hearing.

The list of critical stakeholders who have been summoned include the Head of the Service of the Federation, the accountant-general of the federation, the auditor-general of the federation, the chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the acting chairman of the Economic and Financial Crimes Commission (EFCC), and the Surveyor-General of the Federation.

Other invitees comprise the managing director/chief executive of the Federal Mortgage Bank of Nigeria, the officer in charge of the Department of Estate Development Loan, the managing director/chief executive of the Federal Housing Authority, the permanent secretary of the Ministry of Finance, Budget and National Planning, the permanent secretary of the Ministry of Works and Housing, the executive secretary of the Federal Government Staff Housing Loans Board, the president/chairman of the council of the Real Estate Developers Association of Nigeria, all ministries, departments, and agencies, the commissioner for insurance/chief executive officer of the National Insurance Commission (NAICOM), and other concerned stakeholders as well as the general public.

The statement further urged the concerned institutions and government officials to submit their memoranda and other relevant documents to the committee’s secretariat.