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Tag Archives: PenCom DG

Pension Fund Meant for Infrastructure Idle – PenCom

Pension fund meant for infrastructure idle – PenCom

The National Pension Commission (PenCom) has disclosed that despite the availability of about N1.06 trillion for infrastructure financing, only N1.36 billion has been taken as at December 31, 2015, leaving N1.059trillion untapped. This was disclosed in a memorandum submitted by the National Pension Commission to the House of Representatives Committee on Pensions at the public hearing on the need to ...

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