by Lanre Ogundimu The drive to sanitize Nigeria’s pension sector will appear to be an unending venture. In fact, it was the crisis that engulfed the sector, largely characterized by sharp practices and massive embezzlement by officials that gave birth to the National Pension Commission (PenCom) through the Pension Reform Act (PRA) 2014. The main... Read More

Opinion

arm, economy, inflation, nigeria, opinion, PenCom, Pension

August 22, 2017

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Why did the newly appointed head of agencies defy Osinbajo’s order to resume?

by Alexander O. Onukwue The new heads of some agencies appointed by Prof Yemi Osinbajo while he was Acting President have declined his directive to resume their portfolios pending the Senate’s confirmation. Vice President Osinbajo directed the new heads of the ICPC, CCB and PenCom to take up their roles and report to their offices... Read More

Thinking Through

CCB, icpc, PenCom, senate, Yemi Osinbajo

August 22, 2017

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Newly appointed heads of ICPC, CCB ignore Presidency’s directive, fail to resume

Newly appointed Secretary of the Independent Corrupt Practices and other related offences Commission (ICPC), Prof. Musa Abubakar, resumed office in line with a directive from Vice President, Yemi Osinbajo. This is contrary to a counter directive by the Senate which asked the new appointees not to resume until they were confirmed. The Conflict: There has been a... Read More

The News Blog

CCB, chairmen, directive, icpc, PenCom, Presidrncy, senate

April 23, 2017

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Why we stationed men at PenCom headquarters – DSS

by Dolapo Adelana The Department of State Services (DSS) has said that it did not raid the headquarters of the National Pension Commission (PenCom) but only stationed its men to forestall further tampering with documents by some officials of the commission, The Tribune reports. According to a source, the nation’s secret police said it received intelligence that some vital... Read More

The News Blog

Chinelo Anohu-Amazu, documents, DSS, PenCom, raid, station

April 22, 2017

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Just In: DSS raids PenCom over refusal of sacked DG to hand over

Operatives of the Department of State Services (DSS) have raided the office of National Pension Commission (PenCom) in Abuja, Punch reports. According to the news platform, the former Director-General of Pencom, Chinelo Anohu-Amazu who was sacked on Wednesday had refused to hand over to her successor. According to reports, the ex-PenCom DG was still passing out... Read More

The News Blog

Chinelo Anohu-Amazu, DSS, hand over, PenCom, raid

April 6, 2017

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FG releases N54bn for pension arrears

by Dolapo Adelana The Federal Government on Wednesday said it had cleared the inherited arrears of accrued pension benefit for the years 2014, 2015 and 2016 by releasing N41.5bn to the National Pension Commission for onward payment to the retirees. The Minister of Finance, Mrs. Kemi Adeosun, made the disclosure in a statement from the ministry,... Read More

The News Blog

kemi Adeosun, N54bn, PenCom, Pensioners. Federal Ministry of Finance

February 20, 2017

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FG owes 105,920 retirees N705bn – PENCOM

by Dolapo Adelana The National Pension Commission (PenCom) says the Federal Government owes 105,920 retirees about N705 billion. This is contained in a memorandum submitted by the Director-General, National Pension Commission (PenCom), Ms Chinelo Anohu-Amazu, to the National Assembly Joint Committee on Appropriations. According to the organisation, the Federal Government owes its 2016 retirees N73.1 billion... Read More

The News Blog

FG, Ms Chinelo Anohu-Amazu, national assembly, PenCom, retirees

December 17, 2016

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YNaija’s 12 days of Christmas: PENCOM got it right all year

In a lot of ways, 2016 has been a very stressful year. Hopefully, it hasn’t been as stressful for you as it has been for our dear nation, Nigeria. Still, there is a lot to be thankful for. And so, in our special version of ’12 days of Christmas’, we’ll remind you – with the Good... Read More

Featured, More

Dr Chinelo Anohu-Amazu, PenCom, police pension scam, YNaija’s 12 days of Christmas

November 3, 2016

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The YNaija Tracklist: Ondo gov election won’t be postponed – INEC | Former Customs boss, Dikko, returns N1bn to EFCC

From the papers this morning – a Tracklist. Ondo gov election won’t be postponed – INEC – YNaija This is not the change Nigerians voted for – ASUU – YNaija PDP leaders pay solidarity visit to Fani-Kayode, others in EFCC custody – YNaija Former Customs boss, Dikko, returns N1bn to EFCC – YNaija South-East APC... Read More

Featured, The News Blog

adoke, Aondoakaa, Ayatollah Khamenei, clinton, EFCC, Gusau, INEC, PenCom, Shi'ites, The YNaija Tracklist, trump

September 10, 2016

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While everything else shuts down, PENCOM is giving us hope in a better Nigeria

The status quo in Nigeria is not exactly giving us so much hope right now; with a recession that has moved from being a mere technicality, to a word (albeit out of context) when it has actually been mostly a reality all along. There’s also looming danger that former President Obasanjo won’t stop talking and... Read More

development, infrastructure, investestment, nigeria, nlc, PenCom

August 19, 2016

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Olusegun Adeniyi: Question Buhari should ponder about

“When some Nigerians were executed in Indonesia yesterday, and I started reading about their ordeal, I stumbled on the picture of one of those who were killed last year. I was shocked to discover I had met him before in Mali during one of my efforts to cross into Europe in 1994. His name is... Read More

Atunyota Alleluya Akporobomerere, BPE, CBN, Godwin Emefiele, Ifueko Omoigui-Okauru, Nasir el-Rufai, nigeria, Olusegun Adeniyi, PDP, PenCom, Sarah Alade, Tony Elumelu, TSA

June 13, 2016

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Opinion: As impunity thrives in PenCom

by Ikechukwu Amaechi The Pension Reform Act (PRA), which established the National Pension Commission (PenCom), was enacted by the National Assembly (NASS) in 2004 to create a body that would regulate, supervise and ensure the effective administration of pension matters. Before then, pension schemes in the country were bedeviled by many problems, including the fact... Read More

impunity, National Pension Commission, nigeria, PenCom, Pension, pension reform act

July 24, 2014

Olusegun Adeniyi writes | Let’s talk about that N4trillion pension pot of gold

by Olusegun Adeniyi By increasing contribution from employers and employees, it also means that there would be more money to the funds to the advantage of the workers in future. It was one of those brilliant memos in 2001 from then Director-General of the Bureau for Public Enterprises (BPE), Mallam Nasir el-Rufai, to which President... Read More

adeola, company secretary, Olusegun Adeniyi, opinion, PenCom, pot of gold, ynaija

May 21, 2014

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It’s official: PenCom brings the World Pension Summit to Abuja this July

by Akintomiwa Agbaje The World Pension Summit ‘Africa Special’ will bring together leading players from Africa’s pension industries, as well as key figures from across politics, business and finance to exchange expertise and increase international cooperation on the continent. The Abuja event will also mark the 10th anniversary of the enactment of the Pension Reform... Read More

africa pension summit, Botswana, Chinelo Anohu-Amazu, continent, eric eggink, Ghana, Kenya, nigeria, PenCom, pencom summit, PenCom to Bring World Pension Summit to Africa, pension reform act, pension summit, south africa, world pension summit, World Pension Summit comes to Africa, World Pension Summit to be held annually

January 14, 2013

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Bad marriages – and more, in today’s news round-up with Cheta Nwanze

by Cheta Nwanze What I find interesting is that the current leader of the”geographical expression” has now deemed it fit to let us know that though the marriage is bad, it takes a whole new level of madness to get a divorce after being married for 100 years. For those of you who may not know, the... Read More

Bamanga Tukur, covenant university, Golden globes, Kunle Amosun, national assembly, PenCom, Tunde Bakare

Opinion: Reforming PENCOM through smart leadership

Why did the newly appointed head of agencies defy Osinbajo’s order to resume?

Newly appointed heads of ICPC, CCB ignore Presidency’s directive, fail to resume

Why we stationed men at PenCom headquarters – DSS

Just In: DSS raids PenCom over refusal of sacked DG to hand over

FG releases N54bn for pension arrears

FG owes 105,920 retirees N705bn – PENCOM

YNaija’s 12 days of Christmas: PENCOM got it right all year

The YNaija Tracklist: Ondo gov election won’t be postponed – INEC | Former Customs boss, Dikko, returns N1bn to EFCC

While everything else shuts down, PENCOM is giving us hope in a better Nigeria

Olusegun Adeniyi: Question Buhari should ponder about

Opinion: As impunity thrives in PenCom

Olusegun Adeniyi writes | Let’s talk about that N4trillion pension pot of gold

It’s official: PenCom brings the World Pension Summit to Abuja this July

Ex-Bauchi governor, Adamu Mu’azu is new PDP chairman

Bad marriages – and more, in today’s news round-up with Cheta Nwanze

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