NHF Bill Declines by President Buhari

April 4, 2019

President Muhammadu Buhari has declined assent to the controversial National Housing Fund Bill which was passed by the National Assembly some weeks ago. The Bill attracted a lot of public criticism when it was transmitted to the President for his assent, with many stakeholders in the private sectors calling on the President not to grant assent to it.
The President in his letter to both Chambers of the National Assembly stated that “the various levies imposed by the Bill on Nigerians will not only be “disruptive and punitive” to industries and other sectors of the Nigerian economy but will have a negative impact on Nigerian workers”.