Pension Assets Are Safe

Pension administration in this country had been chaotic with pensioners protesting all over the place. People made contributions under one pension scheme or another, but were not sure where their contributions were.

Many employees in the private sector were not covered by the pension

schemes of their employers and many of these scheme were not funded. These and many more were the reasons the Board of Editors of THISDAY engaged Muhammad K. Ahmad, Director-General of the Pension Commission of Nigeria, as part of the THISDAY Monthly Interview Series.

The Stock market is reported to have lost some N3 trillion in the last six months. Considering that a lot of pension funds have been invested in the market, how safe are the owners of the funds and you as Pencom.

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