Home Aviation & BusinessPension Fund Allegedly Gets Missing In A Nigerian State
Pension Fund Allegedly Gets Missing In A Nigerian State

Pension Fund Allegedly Gets Missing In A Nigerian State

The Anambra State chapter of the Nigeria Labour Congress on Monday alleged that workers’ contributory pension funds deducted from their salaries since 2014 were missing.

Punch reports that NLC Chairman in the state, Mr Jerry Nnubia, stated this in an address to mark the 2018 World Day for Decent Work held in Awka, the Anambra State capital.

He said the state government could not account for such funds and had not remitted any money to the pension board. He said the state’s NLC had at several times called on the government to account for the money but nothing had been done.

While calling on the state government to stop deducting such money from workers’ salaries, Nnubia warned that if the situation was not addressed, workers in the state would be left with no other option but to “go to the trenches.”

He said, “The leadership and members of the NLC Anambra State Council, therefore, wish to use this year’s World Day for Decent Work to call on the state government to, as a matter of urgency, address all the labour issues raised by the organised labour in the state.

“For the avoidance of doubt, some of the labour issues already communicated to the state government include the Contributory Pension Scheme.

“Since 2014 when the law of Contributory Pension Scheme was passed in the state, the government has continued to deduct the salaries of workers in the state in the name of the scheme without remitting same and government’s counterpart contribution to the appropriate quarters.

“It is also evident that the state government has not put up any structural framework as provided by the extant laws for the scheme to succeed in the state.

“We, therefore, wish to use this platform to restate our earlier demand that the Contributory Pension Scheme in the state be scrapped forthwith.

“It is also our demand that all deductions made so far from workers’ salaries in favour of the scheme be refunded.”


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