Buhari Allocates N509bn For Pension Liabilities       President Muhammadu Buhari has appropriated a total of N501.19 billion to offset pension liabilities in the 2021 budget proposal. He made this known during his 2021 Budget Speech: Budget of Economic Recovery and Resilience at The Joint Session of the...

PenCom Okays N19.85bn For 6,006 Retirees In Q2       The National Pension Commission has said it approved N19.85bn as lump sum payment for 6,006 retirees in the second quarter of 2020. PenCOM disclosed this in its second-quarter report for 2020 financial period. According to the commission, the pensioners...

Retired workers who served the Federal Government in Ogun State, have taken to the streets to protest 14 months unpaid pension and gratuities. The Pensioners who stormed Nigeria Union of Journalists Secretariat, Ogun State armed with placards with various inscriptions, appealed to the government to...

Despite the impact of recession on the Nigerian economy, the total funds under the Contributory Pension Scheme rose to N6.02tn at the end of November 2016. This was disclosed in the update on the assets under management obtained by our correspondent from the National Pension...

President of the Pension Fund Operators Association of Nigeria, PenOp, Mr. Eguarekhide Longe has said that compliance to remittances of pension contributions from the public sector on both the Federal and State levels have lagged notably. Longe who stated this at the Association’s annual general...