What you need to know about Nigeria’s new housing law

PUBLISHED: Mon, 18 Mar 2019 12:41:30 GMT


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 join CNBC Africa to discuss the implications of this law.