Nigeria Customs releases N7.61bn pension to 4,237 retirees
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has released N7.61 billion to nine Pension Fund Administrators (PFAs) for immediate payment to 4,237 retired officers, as Comptroller-General of Customs Adewale Adeniyi reaffirmed his commitment to improving retirees’ welfare. A statement on Friday by Abdulahi Maiwada says Adeniyi announced the disbursement during a dialogue with retired […]
PenCom Set for Infrastructure Fund Rollout, Tightens Compliance
By Oluwakemi Kindness The National Pension Commission (PenCom) says the proposed Pension Industry Infrastructure Fund has reached an advanced stage of implementation as it moves to expand healthcare access for retirees and strengthen enforcement of pension compliance. Director-General of PenCom, Omolola Oloworaran, disclosed this on Tuesday in Abuja after the third Pension Industry Leadership Meeting, […]
PenCom Says Pension Funds Safe, Dismisses NLC Claims
By Oluwakemi Kindness The National Pension Commission, PenCom, has reassured Nigerian workers and retirees that their pension contributions remain safe and under strict regulation, dismissing recent allegations by the Nigeria Labour Congress, NLC, as misleading. In a letter responding to the NLC at the weekend, the Commission firmly rejects claims that workers and employers are […]