Workers Transferred N663bn RSA To Other PFAs - PenCom   No fewer than 168,768 workers have changed their Pension Fund Administrators (PFAs) and moved N663.761bn Retirement Savings Accounts (RSA) since the National Pension Commission (PenCom) opened the window of transfer. The window of transfer allowed workers to...

Federal Government Okays Pay Rise For NPA Workers   Members of staff of the Nigerian Ports Authority (NPA) have expressed excitement over the approval of a pay rise by the Federal Government for them. The Deputy Secretary General of the Maritime Workers Union of Nigeria, Erazua Oniha,...

Aggrieved Workers Drag PENCOM To Court Over Salaries   Some aggrieved staff of the National Pension Commission (PenCom) numbering over 20 have taken the organisation to the Abuja Division of the National Industrial Court over alleged denial of salaries and unlawful labour practices. Also joined as a...

N93bn Pensions Unpaid Into Workers’ Accounts - PenCom A total of N93.49bn worth of pensions was paid by employers but was not credited into workers’ Retirement Savings Accounts in 2021, according to findings from the National Pension Commission (PenCom). This comprised N73.97bn contributions remitted by employers...

SEC Workers Protest Unpaid Allowances, Others Aggrieved staff members of the Securities and Exchange Commission (SEC) on Thursday held hours-long protest at the headquarters of the commission to communicate their demands which they said the management of the agency has refused to address over time. During...

Retirees, Workers Kick As FG Plans N620bn Loan From Pension Funds   The Federal Government is planning to source $1.5bn (N620bn) loan from pension funds to support its proposed N7.73tn investment in transport infrastructure over the next five years. Specifically, the government is seeking to obtain the...