Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) as at May this year have invested N5.31 trillion out of the N6.73 trillion pension assets in Federal Government’s securities, the National Pension Commission (PenCom) has said. Data obtained from PenCom stated that 73.63 per cent of the […]
Pension
Pension assets rise to N6.7tn
Nike Popoola The total assets under the Contributory Pension Scheme rose to N6.7tn as of the end of May, this year. Figures obtained from the National Pension Commission on Friday showed that 73.14 per cent of the total funds had been invested in the Federal Government of Nigeria’s securities. The […]
IEI-Anchor Pension Mangers repositions for transfer window
From left: Managing Director IEI-Anchor Pension Mangers Limited, Glory Etaduovie; Chairman, Senator Jonathan Zwingina and Company Secretary Mrs Femi Onoru at the event. Leave a comment and share Chuks Udo Okonta IEI-Anchor Pension Mangers limited, said it is fully positioned for the envisaged industry’s transfer window, even as it witnessed […]
Why the Presidency should save PenCom from politics
The Nigerian constitution reposes a lot of powers on the Office of the President. For the most part, the incumbent rightly exercises these powers powerfully and seamlessly. At other times, the office encounters challenges, confrontations, and contestations in exercising these rights. The latter scenario usually attracts divergent views as to […]
Lagos harps on efficient pension administration
Governor Ambode Pension administration in Nigeria has been haphazardly handled over the years, resulting in huge pension arrears and the subjection of pensioners to untold hardship, Lagos State Governor, Akinwunmi Ambode, has said. According to him, this calls for reforms across board on pension matters, stressing that Lagos State Government […]
Lagos State pays N740m accrued pension rights to 255 retirees
Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Government has disbursed N742 million to 255 retirees in the month of August, 201, Governor Akinwunmi Ambode, has said. The Governor, who was represented by the Commissioner for Establishments, Training and Pensions, Dr. Akintola Benson Oke at the […]
Pension Liabilities Of 20 States Hit N200bn
By ZAKA KHALIQ 20 states out of the 36 states of the federation owe their workers as well as retirees about N200 billion pension liabilities, LEADERSHIP findings have reveal. This is even as about 28 states have been struggling to adopt the new pension scheme. While most of the states […]
IEI Anchor Pensions wins best innovative award
Leave a comment and share Chuks Udo Okonta IEI-Anchor Pensions Managers Limited has won Africa’s Best Innovative Pension Fund Administrator (PFA) of the year 2017. The award from Developments in Africa Merit Awards, was received on behalf of the Company by Femi Onoru the Company Secretary/Legal Adviser. In her acceptance […]
FG working to release fund for next batch of retirees—PenCom
The Acting Director-General of National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, on Wednesday said the Federal Government had begun modalities for pension payments to next batch of retirees. Dahir-Umar told Newsmen in Lagos that Federal Government and PenCom had been working on modalities to enable it to release substantial fund […]
Position Paper on the Subject of Pensions in the Constitutional Amendment Bill No. 3 on Devolution of Powers
There is no gain saying the fact that the current constitutional amendment exercise being undertaken by the National Assembly would naturally attract the attention and keen interest of Nigerians in view of the importance of that document as the sine qua non of our social contract as a nation. One […]
