National Housing Fund: FCTA Verifies 24,000 Staff
By: Sunday Shekwonya
Following the recent verification exercise of the Federal Housing Scheme (FHS) of the Staff of Federal Capital Territory Administration (FCTA), 24,000 Staff were successfully verified.
Meanwhile, 9,000 staff verification were not successful in the exercise due to some errors made while filling the physical and online forms.
The Acting Director of Finance and Account, in the Treasury and Budget, Mr. Musa Lere, disclosed this during a monthly meeting with the management Staff of the Federal Mortgage Bank of Nigeria (FMBN) in his office, FCTA Secretariat, Abuja.
It may be recalled that the FCT Administration had put a call to all its Staff and Retirees few months ago to update their National Housing Fund (NHF) data online to ensure that those who are still in service as well as the Retirees take advantage of the window provided.
Lere said that so far, 24,000 Staff and Retirees were dully verified on both the physical and onlineexercise, but 9,000 Staff have incomplete details in filling the forms, and therefore, their forms were returned to FCT Administration for rectification.
He revealed that all those staff whose verification were unsuccessful will soon be invited to effect the necessary corrections to enjoy all the acruing benefits.
According to him, the FCT Treasury and Budget hassorted out all the outstanding deductions schedule,from 2004 to 2022, which were not updated to individual account, prior to the verification exercice.
His words: “All those schedules have now been submitted to the Federal Mortgage Bank of Nigeria (FMBN) for update, and the update is presently on-going.”
The Director emphasized that both the FCTAdministration and FMBN will work closely through the Integrated Personnel and Payroll Information System (IPPIS) to reconcile all deductions from January to June 2024 that were not remitted to NHFin the office of the Accountant-General of the Federation within the next weeks.
He said that shortly after updating the back lock, staff will begin to receive monthly alerts of their deductions; adding that when the update is completed, staff will also see their total contributionsand will be refunded adequately.
Also speaking at the meeting, the Regional Manager of the FMBN, Ene Nduka-Nwafbo, appreciated the cooperation of the Staff and Retirees during the last verification exercise and also solicited for more compliance to ensure effective service delivery to the FCTA.
The Committee called on the Staff and Retirees, especially those that were unsuccessful in the verification exercise to cooperate and be patient toprovide all the requirements and information neededto avoid delay in the process.
Abuja Digest reports that, the Act 3 of 1992 established the National Housing Fund (NHF) making it mandatory for all employees to contribute 2.5 percent of their montly basic salaries.
