Pension funds
11 Jun 2024
The Chief Executive Officer, National Insurance Commission (NAICOM), Mr Olorundare Thomas, has said the Federal Government has not borrowed
3 Jun 2024
The craving by the Federal Government to leverage workers’ N20 trillion pension funds, among other sources of funds in the savings industry, to presumably ramp up infrastructure and housing will not augur well for workers and the economy.
24 May 2024
The Trade Union Congress (TUC), yesterday, berated the Federal Government on the way it is handling the economy and welfare of Nigerians,
18 May 2024
Organised labour has warned the Federal Government against going ahead with its intention to withdraw about N20 trillion from the pension f
17 May 2024
The Federal Government will comply with relevant laws guiding the administration of pension funds before tapping into the savings for developmental purposes, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said.
16 May 2024
Economists and securities experts have reacted angrily to the Federal Government’s plan to deduct N20 trillion from pension funds for infrastructure development, saying government has no business with the investment returns of citizens.
21 Feb 2024
Amid controversy surrounding the management of the pension funds, the National Pension Commission (PENCOM) said pension assets rose from N10.22 trillion in 2019 to N18.36 trillion in December 2023.
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