BY VICTOR AHIUMA-YOUNG
LAGOS—FEDERAL Mortgage Bank of Nigeria, FMBN, yesterday in Lagos, called on organised labour to monitor the remittances of employers’ deductions from workers’ salaries into the National Housing Fund,NHF, to avoid problems in accessing the benefits of fund, saying it had been discovered that some employers deduct without remitting.
The management of FMBN spoke at a one-day interactive session on the reintegration of Nigerian workers into National Housing Fund, NHF, scheme, organised by the Nigeria Employers Consultative Association, NECA.
Managing Director of the bank, Mr. Gimba Kumo, said labour leaders could ensure remittances by going to the payroll department of their employers to obtain data on the number of workers and their deductions and remittances.
Represented by the Executive Director, Loan, Mr. Bola Ogunshola, Kumo said one of the challenges the current management discovered on assumption of office, was that there were incomplete records of contributions and their contributors
To address the challenge, he said the management deployed a technology known as E-collection where contributors would be issued with E-card like ATM, that contributors could use to among others, monitor contributions.
Disclaimer
Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.