Pension Fund
18 May
The argument of zoning, at its best, gives a cause of inclusion, fair play, inclusiveness and belief in a better organized Nigeria. But recent experience has shown that zoning is now a response to nepotism...
26 Jan
Plan by the Federal Government to borrow N620 billion pension loans is not new; the idea was mooted about a year ago but it appears to have suffered from absence of effective implementation due most probably....
26 Feb 2020
As opinions vary on whether or not the Federal Government should continue to borrow from over N10trillion pension contributions for infrastructure development, the Debt Management Office (DMO), has defended that there was nothing untoward about the development.
3 Oct 2018
Abia, Ebonyi and Imo states have been enlisted among poor performing and non-compliant sub-nationals on the Contributory Pension Scheme (CPS), currently at N8.2 trillion. The development portends gloomy future for the states’ workers from their active years to retirement, even as their monthly wages are not only uncertain, but future savings- pension, are not guaranteed.…
7 Nov 2017
The National Bureau of Statistics (NBS) has disclosed that the pension fund assets under management has increased by N332 billion to N7.164 trillion in the third quarter of this year, from N6.832 trillion in the second quarter, the National Bureau Statistics has revealed.
30 Jan 2017
With the devaluation of the Naira and double digit inflation rate that are stifling businesses at a time of economic meltdown, the value of Nigeria’s Pension Fund may increase to N7 trillion before the end of 2017...
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