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The National Housing Fund (NHF) is a fund launched by the Federal Government of Nigeria, established by act three of 1992 to mobilize funds from Commercial and Merchant Banks, Insurance firms, Nigerian employees and the Federal Government to offer tender loans to it contributors. All Nigerians in paid employment or self employment can contribute and profit from the scheme. The scheme is operated by the Federal Mortgage Bank Of Nigeria. The purpose of the scheme is to assist low income earners who can’t afford housing to have the ability to personal homes by contributing part of their wage month-to-month to
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