The Mortgage Bank of Nigeria have disagreed over the Nigerian Labour Congress (NLC) and the Federal management of the contributory National Housing Fund.

The disagreement between the labour union and the nation’s apex mortgage institutions stemmed from recent threats by labour that it would pull out of the contributory funds, owing to its dissatisfaction regarding how the fund was being managed.

The National Secretary-General of the NLC, Chris Onyeka disagreed with the bank's claim that Nigerian workers were accessing mortgages through the NHF.

Onyeka accused the bank of not providing proper accounts of the funds to the intended beneficiaries of the NHF.