An ad hoc committee investigating the non-remittance of money into the National Housing Funds, has summoned 54 insurance companies in Nigeria to appear
The Chairman of the Committee, Dachung Bagos, during an interaction with the representatives of AIICO Insurance, said the insurance companies failed to remit money into the NHF as mandated by law.
Mr Bagos reiterated that the chief executive officers of all the insurance companies must appear before the committee as the committee is seeking to recover the money due to the NHF.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Non-remittance of workers' contributions to NHF due to shortage of cashbacking, says IPPIS bossEmma Deko, director of the Integrated Personnel Payroll and Information System (IPPIS), says the non-remittance of workers' contributions to the National Housing Fund (NHF) is due to the 'shortage of cash-backing'.
Read more »
Reps committee summons CEOs of insurance companies over non-remittance of N272bnThe House of Representatives committee investigating the non-remittance to the National Housing Fund (NHF) and utilisation of the funds from 2011 on
Read more »
Reps committee probes mismanagement of N16 billion SURE-P mass transit scheme loanA committee of the House of Representatives Committee has decried the inability of beneficiaries to repay the N16billion Urban Mass Transit Schemes loan
Read more »
Reps express worry over poor management of over N16bn mass transit schemePerhaps because they see the funds as usual government bonanza but this is where they get it wrong because they can’t be living large with
Read more »
Job Racketeering: Reps Mull Abolishing Employment Waivers For MDAsThe House of Representatives ad-hoc Committee on job racketeering said it would take steps to abolish employment waivers for Ministries, Department and
Read more »
Mass Transit: Reps panel vows to recover SURE-P loans from transporters, other beneficiaries'A total of 1,179 vehicles were released to the beneficiaries under the scheme, with a repayment plan covering four years. However...
Read more »