Pension

Premium Pension courts Bauchi State on contributory pension scheme

Chairman Board of Directors, Ibrahim Alhassan Babayo presenting a souvenir item to the Governor of Bauchi State Senator Bala Mohammed while the MD/CEO Umar Sanda Mairami is watching with keen interest at the event.

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Chuks Udo Okonta

Determined to strengthen its leadership position in the pension industry, the Board and Management of Premium Pension had recently paid a courtesy visit to the Executive Governor of Bauchi State, Senator Bala Mohammed at the Government, with a bid to courting a partnership with the State Government for proper pension management.

A statement by the firm’s Head, Corporate Communications, Aliyu Mohammed Ali, said the Board and Management was led to the visit by the Chairman Board of Directors, Ibrahim Alhassan Babayo in company of the Chief Executive Officer Umar Sanda Mairami and the Executive Director, Business Development North and Strategy Kabir Ahmed Tijjani.

In his speech, during the visit, Governor Bala Mohammed, stated that he was highly delighted to receive the Premium Pension delegation on behalf of the Government and good people of Bauchi State on a very important and auspicious visit. He described the visit, as a turning point in terms of pension management and human capital development in the state.

From left: Premium Pension Board Director. Ahmed Almustapha OFR; Board Chairman Ibrahim Alhassan Babayo, Executive Governor of Bauchi State Senator Bala Mohammed and SSG Bauchi State Alhaji Mohammed Sabiu Baba at the event.

The Governor expressed the readiness of his administration’s commitment to key into the Contributory Pension Scheme as a sure way of safeguarding the welfare of workers and pensioners. On this, he affirmed his confidence with Premium Pension to do the good work as it is the beginning of wisdom to go by the national program.

Furthermore, the Governor, assured his fulfillment that, the mutual partnership between the two bodies will enable his Administration free resources from mismanagement for the provision of required social services.

In his remarks during the visit, the Chairman of the Board, Ibrahim Alhassan Babayo assured the Governor that Premium Pension has the requisite expertise particularly in addressing all challenges associated with pension administration in the state. Babayo commended the Bauchi State Government on the unparalleled success recorded in the infrastructural development across the state.

While speaking during the visit, the Chief Executive Officer, Umar Sanda Mairami, expressed his appreciation to the Governor for the warm reception. He presented a proposal to Bauchi State Government for the management of the state’s employees Retirement Savings Accounts (RSA). He stated, that it is in line with the objectives and provisions of Pension Reform Act, 2014 (PRA 2014) as well as Bauchi State Pension Law (when enacted). He reiterated that investment in its people and technology as evidenced in its performance givesPremium Pension an edge over other players in the industry.

The CEO seized the opportunity to reiterate the milestones achieved by the Company, in the pension industry, and other initiatives deployed to ensure that PPL is positioned as a top tier PFA creating value.

Other members of the Company’s delegation during the visit comprised some members of the Board in the persons of Alhaji Ahmed Almustapha and Dr. Nuru Yakubu as well as theCompany Secretary Nasiru Shall, Zonal Head, Zone 11 Musa Mamman Mandara and the Business Development team based in Bauchi State.

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