House of Representatives Archives - Page 117 of 149 - Parliament Reports

The FMBN MD said the bank has refunded N66. 678 billion to 444,637, while N347. 570 billion was invested in various projects financed by the Bank. The House of Representatives has summoned the Accountant General of the Federation (AGF) to appear before it to explain the disparities in the deductions from workers for the National Housing Fund Scheme, and give reasons why only N20 billion has been remitted to the Federal Mortgage Bank since 2011...

Gusau said funds provided by FIFA to prepare teams for the tournament cannot be used to pay outstanding allowances for the 2019 FIFA Women’s World Cup. The President of the Nigeria Football Federation, NFF, Ibrahim Musa Gusau, has informed that all allowances and bonuses relating to Super Falcons had been cleared as of Friday last week. Gusau, stated this when he finally appeared before the Ad- hoc committee investigating the non-payment of allowances of the...

The NANS president called for a review of the time frame for payment from 2 years to at least 4 years as 2 years is too short for payment of a loan after graduation.   The President of the National Association of Nigerian Students (NANS), Usman Barambu, has called on the House of Representatives to amend the Student Loan Act to enable all Nigerian Students, who desire loans to access them. This is as it...

The NLC President implored the committee to take measures towards eliminating ensuring affordable and quality housing for Nigerians especially workers contributing to the NHF scheme in a bid to own homes. The Nigeria Labour Congress (NLC) has threatened that it will pull out of the Federal Mortgage Bank of Nigeria (FMBN) contributory National Housing Fund (NHF) over the non-remittance of deduction made. President of the NLC, Comrade Joe Ajaero, issued the threat when he appeared...