Statutory
NHF (National Housing Fund)
A 2.5%-of-gross contribution to the National Housing Fund (optional in the private sector).
The National Housing Fund is a scheme managed by the Federal Mortgage Bank of Nigeria. Employees contribute 2.5% of gross salary, which is deductible before PAYE. It is mandatory in the public sector and optional for private-sector employees, and funds access to subsidised mortgages.
Related terms
See it applied to real payroll
Vintage People handles every statutory rule for you — accurate, compliant and audit-ready.