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Month: December 2021

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  • MPP Participation in the informal sector below expectation – Operators

MPP Participation in the informal sector below expectation – Operators

The Micro Pension Plan (MPP) which was launched 3 years ago has enrolled just 72,846 Nigerians in the informal sector according to the National Pension Commission (PenCom) and it is…

PTAD suspends walk-in verification until January 18

The Pension Transitional Arrangement Directorate (PTAD) has released a statement suspending the walk-in verification exercise for Defined Benefit Scheme pensioners. The statement was released on PTAD social media platform and…

Nearly N40 billion trapped with several underwriters – PTAD

The Pension Transitional Arrangement Directorate (PTAD) is looking for a mechanism to recoup nearly N40 billion in unremitted investment earnings held by several underwriters on behalf of a number of…

Report: Pension Funds and Private Equity in Nigeria

The African Private Equity and Venture Capital Association (AVCA) and the Pension Fund Operators Association of Nigeria (PenOp) are pleased to announce the publication of the first-ever report on Nigerian…

Federal Government will settle all pension arrears of defunct federal agencies soon

Mrs. Zainab Ahmed, Minister of Finance, Budget, and National Planning, stated that the Federal Government was committed to fully liquidating outstanding arrears owed to ex-workers of the three remaining defunct…

Zamfara pensioners demand N30,000 minimum pension, urge the state government to pay arrears

The Nigeria Union of Pensioners’ Zamfara State Chapter has complained that Governor Bello Matawalle’s administration has not paid accrued pension arrears and gratuities to its members. Given the country’s high…

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