The Hard Economy Former Employees Drain Pension Funds to the Tune of N217.4bn

According to exclusive information obtained by LEADERSHIP, 482,857 disengaged workers, mostly from the private sector, have turned to their pension contributions for solace as a consequence of company downsizing caused by the tough business operating environment. These workers have taken N217.4 billion from the assets of their pension funds. Assets held by the pension fund … Read more