Tag: Pension Fund
-
Playing Russian roulette with pension fund – By Pius Mordi
All eyes are always on the Pension Funds. For workers, it is the key for assured wellbeing after retirement. The huge accumulated funds holds a different allure for the government. It is a source akin to the conveyor belt, always rolling with regular flow of valuable goods.
-
Reps move to recover N10trn pension fund
The House of Representatives has resolved to investigate the state of pension funds and to recover the N10 trillion loaned to the Federal Government.
-
JUST IN: EFCC grills ex-Kano governor over alleged mismanagement of N10bn pension fund
The Economic and Financial Crimes Commission (EFCC) has grilled a former Kano Governor Rabiu Musa Kwankwaso in connection with alleged mismanagement of N10billion pension fund. The said pension remittances were alleged to have been used to fund a housing project for some close allies of the ex-governor. According to a source, the EFCC invited the…
-
NLC opposes FG’s plan to borrow N2trn Contributory Pension Fund
The Nigeria Labour Congress (NLC) has opposed plans by the Federal Government to borrow Two trillion naira out of the Contributory Pension Fund of N10 trillion for infrastructural development. Mr Ayuba Wabba, NLC President said this while addressing newsmen during the meeting of the National Administrative Council of the congress on Tuesday in Abuja. According…
-
AGF, Emefiele to appear before Reps over N33bn pension fund remittance
The Governor of Central Bank (CBN), Godwin Emefiele and the Accountant-General of the Federation (AGF), Ahmed Idris are to appear before the House of Representatives on Tuesday. The duo are to clarify alleged remittance of N33b pension deductions to the Federal government by PenCom before the House of Representatives ad hoc Committee investigating alleged irregularities…