Pension Fund

FG Dispels Fears, Vows To Protect Workers’ Pension Funds

May 16, 2024. by Ekohot Editor

Government Reassures on Pension Fund Integrity Safeguarding Workers’ Savings a Priority Responsible Investment Strategies Explored Eko Hot Blog reports that, addressing concerns, the Nigerian government categorically stated its commitment to safeguarding workers’ pension funds. In a statement, Finance Minister Wale Edun clarified, “The federal government has no intention to illegally access workers’ savings.” Editor’s Pick … Read more

NLC Opposes Borrowing From N17tr Pension Fund

Dec 11, 2020. by Ekohot Editor

The Nigerian Labour Congress (NLC) on Thursday rejected a fresh bid by State governors to borrow from the N17 trillion pension funds. Eko Hot Blog on Sunday reported that the governors of the 36 states of the federation hinted on their plan to borrow N17 trillion from the pension fund for acceleration of infrastructural Development. … Read more

N2.1trn Pension Fund: PDP Warns Buhari To Stay Away

Dec 21, 2019. by Ekohot Editor

The opposition Peoples Democratic Party, PDP has issued a warning to president Muhammadu Buhari to stay away from the N2.1trn pension fund. PDP advised Buhari not to touch a dime from the pension fund in the name of embarking on infrastructural project in the country. It could be recalled that a committee headed by Governor … Read more

Repealed pensions law: Zamfara State Govt Uses Savings For Youth Empowerment

Nov 28, 2019. by Ekohot Editor

The leadership of the state government of Zamfara has disclosed that the savings from the repealed pension law would be used for youth empowerment and infrastructural development of the state. Gov. Bello Matawalle disclosed this on Wednesday while assenting to the repealed law in which past governors, deputy governors, speakers of the state House of … Read more