Adeosun others appear before house of representatives on pension matters

You're referring to the recent development in Nigeria where the Minister of State for Labour and Employment, Festus Keyamo, and other stakeholders appeared before the House of Representatives to discuss pension matters.

Here's a brief summary of the event:

On Tuesday, February 22, 2022, the Minister of State for Labour and Employment, Festus Keyamo, and other stakeholders appeared before the House of Representatives Committee on Pension Matters to discuss various issues affecting the pension sector in Nigeria.

The committee, chaired by Hon. Aisha Dukku, invited the minister and other stakeholders to brief the committee on the current state of the pension industry, including the challenges faced by pensioners and the efforts being made by the government to address these challenges.

During the meeting, Keyamo briefed the committee on the government's efforts to revamp the pension industry, including the implementation of the Contributory Pension Scheme (CPS) and the establishment of the National Pension Commission (PenCom).

He also highlighted the challenges facing the industry, including the issue of pensioners' entitlements, which he attributed to the lack of accurate records and the non-payment of pension contributions by some employers.

Other stakeholders who appeared before the committee included the Director-General of PenCom, Mrs. Aisha Dahir-Umar, and the President of the National Union of Pensioners (NUP), Dr. Abdul-Rasheed Omar.

The committee also received submissions from other stakeholders, including pensioners and civil society organizations, who highlighted their concerns and demands regarding pension matters.

The meeting was part of the committee's ongoing efforts to investigate and address the challenges facing the pension industry in Nigeria.