PenCom, NERC Crack Down on GENCOs, DISCOs Over Pension Arrears
By Oluwakemi Kindness The National Pension Commission (PenCom) has sought the intervention of the Nigerian Electricity Regulatory Commission (NERC) to compel electricity Generation Companies (GENCOs) and Distribution Companies (DISCOs) to remit outstanding pension contributions owed to their employees. PenCom’s Director General, Ms. Omolola Oloworaran, stated this when she led a delegation to seek NERC’s intervention in addressing the non-compliance by 16 electricity companies. According to a statement by the commission, […]