President Bola Tinubu has approved the release of N758 billion to settle outstanding pension liabilities, as the National Pension Commission (PenCom) recorded a 180 percent rise in recoveries from defaulting employers within the year. Presenting a one-year performance report at the Pension Revolution Journalist Summit in Lagos, PenCom Director-General, Omolola Olowora, said the administration’s intervention represented a “historic […]
Former presidential candidate of the Labour Party, LP, Peter Obi, has said that it is an act of wickedness to withhold the pensions and gratuities of senior citizens during their vulnerable years.