The National Pension Commission (PenCom) has announced a major increase in monthly pension payments for retirees under the Programmed Withdrawal plan. The Director-General of PenCom, Ms. Omolola Oloworaran, disclosed that …
Tag:
Pension Reform
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EconomyFinance & ServicesGOVERNMENTInfrastructure
Ondo Govt Eyes Pension Funds for Infrastructure Projects
Governor Lucky Aiyedatiwa of Ondo State says his administration is actively exploring ways to channel pension funds into infrastructure development, as part of a broader plan to stimulate economic growth …
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GOVERNMENTLabourNigeriaWestern Africa
PCC, PTAD Join Hands to Solve Pension Complaints, Educate Retirees
The Public Complaints Commission (PCC) has promised to support the Pension Transitional Arrangement Directorate (PTAD) in creating more awareness among pensioners under the old Defined Benefit Scheme. This move is …
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EconomyFinance & ServicesGOVERNMENTINVESTMENT
PenCom Invests ₦5.51tn in Real Sector to Boost Economic Growth
The National Pension Commission (PenCom) has disclosed that a total of ₦5.51 trillion from Nigeria’s pension funds has been invested into key sectors of the economy to support long-term development …