FG Approves ₦758bn Bonds to Clear Pension Backlogs — PenCom DG

The Federal Government has approved ₦758 billion in bonds to liquidate long-standing pension liabilities, including arrears from pension increases dating back to 2007, the Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has announced. Speaking in Yola at a two-day sensitisation workshop on the Contributory Pension Scheme (CPS) for employees and pensioners in the …
The post FG Approves ₦758bn Bonds to Clear Pension Backlogs — PenCom DG appeared first on Business Elites Africa…