• Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
Download Magazine
Pension: EFCC To Prosecute Defaulting Companies
  • August 19, 2016
  • Unity Times
The National Pension Commission(PENCOM) is currently compiling list of companies and organizations defaulting in remitting employees contributions to Pension Fund Administrators (PFA’s).
The Commission also said it would involve the Economic and Financial Crimes Commission(EFCC) and other law enforcement agencies to prosecute defaulters.
The Director-General of PENCOM,Mrs Chinelo Anohu-Amazu, who disclosed these in Lagos yesterday at a world press conference to announce the third edition of the World Pension Summit Africa which would be hosted by the agency in Abuja between September 27 and 28,said it was a criminal act for any one or bodies to collect employees fund for  pensio‎n purpose and renege to do so.
The Pencom boss said her agency’s current effort was designed to continually nurture transparency in pension administration in Nigeria.
She said of the 24 states that had embraced employee scheme,only 10 had since commenced full implementation of same.
She added that her agency was desirous to ensure that all the states in the country as well as self-employed in Nigeria embraced the scheme‎ so that employees would have something to fall back on at retirement age.
Previous
Next
Share the Post:
Grow your Business
Grow your business with Us
Subscription Ads
Related Posts

Rivers Assembly Speaker defends decision to dump PDP for APC

The Speaker of Rivers State House of Assembly, Rt Hon Martin Amaewhule, on Friday defended his decision to dump the

Read More

Terrorists threaten Kaduna Community over Killing of Two members

Terrorists have issued fresh threats of revenge attacks on residents of Ungwan Nungu in Sanga Local Government Area of Kaduna

Read More

Boris Johnson thanks Nigeria for giving Kemi Badenoch, calls her future UK PM

Former United Kingdom Prime Minister, Boris Johnson, has described Kemi Badenoch, leader of the UK Conservative Party, as a potential

Read More

Join Our Newsletter

Unity Times
Facebook-f Twitter
  • Rivers Assembly Speaker defends decision to dump PDP for APC

    Rivers Assembly Speaker defends decision to dump PDP for APC

    December 5, 2025 Breaking News, National, News, Politics
  • Terrorists threaten Kaduna Community over Killing of Two members

    Terrorists threaten Kaduna Community over Killing of Two members

    December 5, 2025 Breaking News, National, News, Security
  • Boris Johnson thanks Nigeria for giving Kemi Badenoch, calls her future UK PM

    Boris Johnson thanks Nigeria for giving Kemi Badenoch, calls her future UK PM

    December 5, 2025 Breaking News, International News, National, News, Politics
Get In Touch

Block 4, Wuse ll,

Abuja Nigeria

  • Email: office@unitytimesonline.com
  • Phone:
  • Hours: Mon-Fri 9:00AM - 5:00PM

© 2025 All Rights Reserved.