Nigeria’s National Assembly has passed a new housing law called the National Housing Fund Act. As part of the provisions of the act, there will be a 2.5 per cent mandatory contribution of monthly income by employees earning the minimum wage and above. Taiwo Oyedele, Partner and West Africa Tax Leader at PWC Nigeria discusses the implications of this law.
Source link : https://www.africa.com/what-you-need-to-know-about-nigerias-new-housing-law/
Author : CNBC Africa
Publish date : 2019-04-08 06:08:40