CBN governor, AGF to appear before Reps over N33b pension fund remittance

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CBN governor, AGF to appear before Reps over N33b pension fund remittance
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The Governor of Central Bank (CBN), Godwin Emefiele and the Accountant-General of the Federation (AGF), Ahmed Idris are to appear before the...

The Governor of Central Bank , Godwin Emefiele and the Accountant-General of the Federation , Ahmed Idris are to appear before the House of Representatives on Tuesday.

According to the Chairman of the Committee, Johnson Agbonayinma said noticeable discrepancies in the pension deductions claimed to have remitted by the Acting Director-General of PenCom, Aisha Dahir-Umar made the appearance of the two critical to the investigation. In its presentation, the group regretted that the new pension scheme has compounded, rather than alleviating problems faced by retirees under the Contributory Pension Scheme.

PenCom was also faulted for gender inequality in the payment of lump sums in contravention of the Pension Reform Act.

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