Home Topics PRA


The coming of micro pension plan

True to the notification, on Thursday, March 28, President Muhammadu Buhari launched the micro pension plan (MPP) which automatically extends retirement benefits to millions of self-employed workers in the informal sector.

PenCom directs PFAs to invest on projects

The National Pension Commission (PenCom) has directed Pension Fund Administrators (PFAs) to invest a minimum of 60 per cent of their funds on projects within Nigeria.

PenCom: Pension funds hit N8.45 trillion

Latest operational report from the National Pension Commission (PenCom) has revealed that Nigeria’s Pension Assets under the Contributory Pension Scheme (CPS) now stands at N8.45 trillion.
Ayodele Subair

Lagos revenue agency directs employers to deduct 10% as tax from terminal benefits

The Lagos Inland Revenue Service (LIRS) has directed employers to deduct capital gains tax (CGT) from any sum paid to employees on termination of their services.
The Police Command in Sokoto State on Monday said the just-concluded launching of the North-West campaign rally by the Presidential Candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, held in Sokoto was hitch-free.

Group: 16 years of PDP in power was disastrous

The People’s Rights Assembly (PRA), a group has fired back at the presidential candidate of the opposition Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, over his claims that the best Nigeria enjoyed was under the PDP government.

PenCom unveils guidelines on voluntary contribution

The National Pension Commission (PenCom) has released official guidelines on voluntary contributions into the Contributory Pension Scheme (CPS).
Social Democratic Party (SDP)

Insecurity: Group urges Plateau residents to vote for SDP

The Plateau Renaissance Assembly (PRA) has urged the people of the state to vote for the Social Democratic Party (SDP) and not any other political parties come 2019.

PenCom issues guidelines on Voluntary Pension Contributions

The National Pension Commission (PenCom) has issued new guidelines to regulate the operation of Voluntary Pension Contributions (VPC) under the Contributory Pension Scheme (CPI).

Federal government commences pre-retirement process

The Federal Government on Monday commenced the pre-retirement process, which includes verification and enrolment of its workers, under the Contributory Pension Scheme.

PenCom explains delay in gratuity payment

Some retirees under the Contributory Pension Scheme (CPS) have yet to receive gratuity due to unfunded Defined Benefit Scheme (DBS) backlog owed by the Federal Government.

Recent Stories


Mongolia declares war on syphilis

The Ministry of Health in Mongolia has declared war against syphilis, a Sexually Transmitted Disease (STD) which has become a growing public health concern in the East Asian country.

Justice Garba replaces Zainab Bulkachuwa on presidential election petition tribunal

The Presidential Election Petition Tribunal is now headed by Justice M. L Garba, who is the Presiding Justice of the Lagos Division of the Court of Appeal.
Chinedum Orji

Senator Orji’s son emerges Abia speaker

Hon. Chinedum Orji representing the people of Umuahia Central State Constituency has been elected Abia State House of Assembly Speaker

Federal government declares Wednesday public holiday

In line with the enactment into law of June 12 annually as Democracy Day in Nigeria, the Federal Government has declared Wednesday, June 12, 2019, as Public Holiday to commemorate the maiden National Democracy Day.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

Flooding: FCDA committed to demolishing houses on waterways

In order to bring lasting solution to the perpetual flooding that has continued to claim lives and property of the inhabitants of Lokogoma District of Abuja, the Federal Capital Development Authority (FCDA) said it’s committed to demolishing structures on waterway.