The National Pension Commission (PenCom),has allayed fears over mismanagement of over N8.67trillion assets under its care as at December 2018.
This was even as it assured that the Micro Pension Plan (MPP), launched in Abuja would ensure a significant 85 per cent reduction in old age poverty in Nigeria.
Acting Director General of the Commission, Mrs. Aisha Dahir-Umar, made the disclosure while fielding questions from newsmen shortly after delivering a keynote address at the 2019 First Quarter Consultative Forum for States, held in Akure, Ondo State.
Dahir-Umar, who was represented by Dr. Dan Ndackson, Head, State Operation Department, PenCom, said it became imperative to allay such fears among Nigerians on the safety of the pension assets, in view of the “misleading narratives in the social and conventional media about the safety of the pension assets.”
According to her, since the existence of the scheme in the last 14 years, it…
Source: News Agency of Nigeria
