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Tag: pensions
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Nigeria’s pension assets should have surpassed N37trn – Chidi Duru
From the key role he played as chairman of the House Committee on Pension in 2004, in the enactment of the Pension Reform Act 2004, to his establishment of First Pension Guaranty (FPG) Limited, also in 2004, Hon Nze Chidi Duru has been a prominent figure in Nigeria’s pension industry. In this interview, he provides…
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Nigerian govt clears N54 billion pension backlog – Minister
Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the federal government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to the National Pension Commission, PENCOM, for onward payment to the retirees, Minister of Finance, Mrs.…