PensionNigeria Weekly Newsletter for Week Ended 13 December 2020 – PensionNigeria

PensionNigeria Weekly Newsletter for Week Ended 13 December 2020

PensionNigeria Weekly Newsletter for Week Ended 13 December 2020

In this issue,
Everything about Gov borrowing N17 Trillion Pension Funds
Minimum Requirements for PFAs to Invest in State Bonds
Senate confirms Dr Farouk as PenCom Commissioner
NUP seeks National Minimum Pension
How Maina escaped to Niger Republic
How Maina laundered N3 billion
Maina collapses in Court
N24bn Police Pension Fraud Case
Pensioners collecting N4000 per month
Pensioners Reject Christmas Rice from Gov
Oyo, Borno & Lagos pay N50 billion to retirees
Pensioners Cancel Pensioners Day Celebration
Pensioners Lament Percentage Monthly Pension
PTAD Suspends Walk-in Verification for Pensioners

Read full news below;

Regulatory News

Senate confirms Dr Farouk as PenCom full time Commissioner

Minimum Requirements for PFAs to Invest in State Bonds.

General Pension News

Everything you need to know about Governors borrowing N17 Trillion from Pension Funds

Extract from Nigerian Gover­nors’ Forum Communiqué which revealed Governors plan to Borrow N17 Trillion From NSIA & Pension Fund

SERAP letter to Buhari to stop Governors from borrowing N17trn from Pension Fund

NLC warns Governors that Workers’ Pension Fund is not for borrowing

PenOp Statement to clarify Governors borrowing or using Pension Funds for Infrastructure

NUP seeks National Minimum Pension approval

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Pension Fraud

How Maina escaped to Niger Republic on Motorcycle

How Maina used Companies with no Business to launder N3 billion

Ndume withdraws himself as Maina surety

Maina Files No Case Submission as EFCC Closes Case

Pension Fraud, Maina collapses in Court

If you think Maina N2billion Pension Fraud Case is huge, you should check out this N24bn Police Pension Fraud Case

Court Adjourns Maina’s Son’s Trial as Rep hints his Arrest

Maina Collapses in Court as Lawyer Sidetracks Defence of No Case Submission

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State Pension News

Rivers State Pensioners to protest Unpaid Entitlements

Makinde pays more Pensions, Gratuities than any Govt Since 1999 as he releases N1.05billion to retirees

Borno commences payment of N12bn pension arrears

Anambra Retirees Reject Christmas Rice from Gov

Edo Govt continues screening of Pensioners on Friday & Saturday

Edo Govt pays over N21m to families of Deceased Workers

Lagos pays over N25 billion as retirement benefits in 18 months, as it releases over N2 billion for Retirees

Rivers State Pensioners Cancel Pensioners Day Celebration

Kogi Pensioners Lament Payment of only a Percentage of their Monthly Pension

Pensioners in Adamawa are owed N27bn with N4000 Minimum Pension

PTAD News

PTAD Suspends Walk-in Verification for Pensioners

PTAD Celebrates Pensioners Day

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