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Despite widespread legislation across Nigeria’s 36 states, only seven states and the Federal Capital Territory are fully implementing pension reform laws, the National Pension Commission has revealed, leaving millions of civil servants facing an uncertain retirement future. PenCom Director-General Mrs Omolola Oloworaran made the disclosure on Thursday in Abuja during the maiden bi-annual consultative session…
Faced with worryingly low turnout in a nationwide exercise critical to settling long-standing retirement obligations, the Federal Government has issued a firm directive to Ministries, Departments and Agencies to ensure full compliance with an ongoing pension verification and enrolment programme for civil servants with accrued pension rights. The National Pension Commission, PenCom, confirmed that…
The Federal Government has unveiled a ₦10 billion housing loan scheme for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, announced the plan in Abuja on Friday. The initiative aims to lower the barrier to home ownership for public workers. It will operate through the Federal Mortgage Bank of Nigeria and…
The Federal Government has approved a substantial rise in peculiar allowances and welfare benefits for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, confirmed the reforms during a briefing in Abuja on Friday. The policy covers workers under both the Consolidated Public Service Salary Structure (CONPSS) and the Consolidated Research and…
