Tag: Pension Funds

Pension Funds Crisis: NLC threatens nationwide strike 

Aminu Imam
NLC threatens

…Issues 7-day notice to FG The Nigeria Labour Congress, (NLC), has handed the Federal Government a seven-day ultimatum to refund allegedly diverted workers’ funds from the Nigeria Social Insurance Trust Fund (NSITF) and immediately constitute the Governing Board of the National Pension Commission, (PENCOM). In a communiqué issued after its Central Working Committee (CWC) meeting in Abuja on Wednesday, August 13, 2025, the NLC warned that failure to meet these demands would trigger a nationwide strike. The meeting, chaired by its President, Comrade Joe Ajaero, reviewed pressing issues affecting Nigerian…

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Kano: Gov. Yusuf to go after Ganduje over missing N5.4bn pension funds

Aminu Imam
Gov. Yusuf Ganduje

Governor Abba Kabir Yusuf, of Kano State, has vowed to recover pension funds siphoned by the government of his predecessor, Abdullahi Umar Ganduje. The Governor, who made this known during the flag-off of the payment of N5 billion gratuities to 4,000 retirees, said he would do everything legally to retrieve the over N5.4 billion deducted monthly pension contributions that were not remitted by Ganduje administration. Yusuf said it is unacceptable for anybody to deduct workers’ monthly pension contributions without remitting the funds, adding that the payment of pension is not…

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