SPEECH: THE PRESIDENT, FEDERAL REPUBLIC OF NIGERIA, REPRESENTED BY HEAD OF THE CIVIL SERVICE, OF THE FEDERATION MRS. WINIFRED OYO-ITA Your Excellencies, Distinguished Ladies and Gentlemen, it is indeed an honour for me to represent His Excellency, President Muhammadu Buhari GCFR, at this very very august occasion. Therefore, with great […]
Pension
PenCom wins double awards
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has won the Social Economic Impact and Corporate Governance awards in the Africa Pension Awards which held on Tuesday in Abuja. Premium Pension Limited, a Nigerian Pension Fund Administrator, also won the Wide Coverage and Inclusion and […]
Obasanjo charges PenCom, pension operators to secure workers’ funds
Leave a comment and share Chuks Udo Okonta The Former president Olusegun Obasanjo has called on the National Pension Commission (PenCom) and pension operators to sustain the successes recorded since the inception of the Contributory Pension Scheme (CPS) by ensuring adequate protection of workers’ funds. The former president said this […]
Now, a mobile app to help you withdraw pension
Surojit Gupta Soon you will able to withdraw your pension using your smartphone. Pensioners and members of the Employees Provident Fund Organisation (EPFO) can breathe easy with the state-run pension fund manager planning to develop a mobile application and move a large chunk of its services online. “We are developing […]
PenCom to Host 3rd Edition Of WorldPensionSummit ‘Africa Special’
Nigeria will host the third edition of the World Pension Summit “Africa Special” (WPS ‘‘Africa Special’’), on 27 – 28 September 2016 at the Transcorp Hilton Hotel Abuja, Nigeria. This was made known at the WPS ‘‘Africa Special’’ press conference which held at the Zen garden, Lagos. The press conference […]
77% of RSA holders are young workers – PenCom
Mrs Chinelo Anohu-Amazu Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) says about 77 per cent of the over 7 million Retirement Saving Account (RSA) holders were below 50 years. PenCom in a report, noted that analysis of the age distribution of RSA holders revealed […]
Imo govt approves N1.2bn for payment of August pension
Okorocha The Imo State government says it has approved the sum of N1.2 billion for immediate payment of pensions for the month of August 2016. The Commissioner for Internally Generated Revenue and Pensions Matters, Ifeanyi Ararume, disclosed this in Owerri the Imo State capital. He also said the state, Governor […]
Stakeholders berate CPA over allegations against PenCom
By Precious John-Aziken STAKEHOLDERS in the nation’s Pension sector, have raised alarm over alleged plots by vested interests to destroy the gains of the Contributory Pension Scheme, CPS, and its regulator; National Pension Commission, PenCom, urging workers and pensioners to be wary of the antics of such vested interests. Do […]
Pension Funds Growth: Slow and Steady
Inspite of the turbulent market amidst continuous “devaluation” of the Naira, unstable crude oil prices and ever increasing inflation rate, pension funds in Nigeria have continued to garner performance gains month after month, howbeit small. With only three out of the ten market indices in Nigeria showing signs of YTD […]
Federal government retirees also need bailout
Takor One of the challenges facing Nigeria as a nation is that Nigeria is a country of laws but not under the law. We have very laudable policies and laws, without the political will to implement the policies and enforce the laws. The Punch Newspaper of Thursday July 14, 2016 […]
