Kwara Not Yet Ripe for Contributory Pension Scheme - NLC

Date: 2016-08-22

The Nigeria Labour Congress(NLC), Kwara state chapter, at the weekend advised the state government against the purported plan to commence the implementation of the pension contributory scheme for all the categories of workers in the state.

It said the state is not yet ripe for the scheme in view of the perceived financial predicament and economic situation affecting states of the counry.

The former president, Dr. Goodluck Jonathan, on July 1, 2014 signed into law a new Pension Reform Act 2014, which repealed the Pension Reform Act of 2004.

The objectives of the reform are to ensure that contributors receive their benefits as and when due and to assist poor individuals to save in order to cater for the livelihood after retirement and during their old age respectively.

However, the state chapter of NLC, in a statement issued over the weekend and signed by the state chairman, Comrade Yekeen Agunbiade, said that many states of the federation that had implemented the scheme had suspended it due to non-availability of funds.

According to the statement, "The current dwindling finances that had greeted some states of the federation would not assist the state government to achieve the maximum result on the implementation of the scheme in view of non -payment of salaries to workers as at when due across the country".

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Olupako Of Share     Femi Ogunsola     Abatemi Usman     Sabo-Oke     Olaoye B. Felix     Mustapha Olanipekun     Aro Yahaya     Minimum Wage     Rafiu Olasile     Muideen Olaniyi Alalade     Kwara University Of Education     Lanre Jimoh     Joseph Offorjama     Kazeem Oladepo     Abdulkareem Alabi     Alore     Olatunde Michaels     Yakubu Gobir     Christopher Odetunde     Rebecca Olanrewaju     Musa Aibinu     Folajimi Aleshinloye     Garment Factory     Gbajabiamila     Kumbi Titiloye     Sango-UITH Road     Wahab Isa     3MTT     Simeon Ajibola     Muhammadu Gobir     Post-utme     Ola Falade     Tafida     Salaudeen Oyewale     Aliyu Muyideen     Amasa     Pakata     Tsado Manman     Saka Abimbola Isau     Saidu Isa     Abdulbaqi Jimoh     Principal Private Secretary     Magaji Erubu     Abdulahi Abubakar Bata     Abdullahi Imam Abdullahi     Bursary     Doyin Group     Kwara State Council Of Chiefs     Abdulrasaq Alaro     Muhammed Mahe Abdulkadir     Salary     Saka Aleshinloye     V.O. Abioye     Na\'Allah     AbdulGaniyu Kareem     Students Union Government     Tinubu Legacy Forum     Ilorin Emirate     Standard Organization Of Nigeria     Kwara TV     Khadijat Ayoola Yusuf     Abubakar Baba     Saliu Tunde Bello     Bello John Olanrewaju     Aminat Omodara     Odolaye Aremu     ER-KANG Mining     Bolaji Abdullahi     Bayo Ojo     Alabi Lawal     Iyabo Adewuyi     AbdulHamid Adi     Sarah Jubril     Oyelere Oyinloye     AIT Ilorin     Kawu     Voices Of Tomorrow    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara State Television     All Peoples Party     Asiwaju Bola Tinubu     Shonga     Pakata Patriots     Patience Jonathan     MalHub     Olatunde Michaels     Amina El-Imam     Mohammed Khadijat Kubura     Oba Of Jebba     Ministry Of Women Affairs And Social Development     NTA Ilorin     Mukhtar Shagaya     Saeedat Aliyu     All Confederation Of Principals Of Secondary Schools     Abdulmajeed Wahab     Seni Saraki     Labaeka     Yusuf A. Usman     Garba Ado Sanni     Taofeeq Olateju     Esuwoye     Yahaya A Paniyaro     Usman Yunusa     3MTT     Abdulazeez Uthman     Ahmed Ayinla Jimoh     Sheikh Ridhwanullah El-ilory     Oluwatoyin Lukman     Olatunde Oyeyiola     Talaka Parapo     Tanke Road     Esinniobiwa Quareeb     Kola Adesina     Yahaya Seriki     Isau     Samuel Olusegun Adedayo     Abioye Bello     Kwara Liberation Group     Moshood Mustapha     Baba Issa Awoye     Okeose Christian Cementary     Dele Belgore     Stephen Fasakin     Kaosarah Adeyi     Alaro     International Vocational Centre     Bola Magaji     Bareke     Government High School Adeta     Salary     Jaiz Bank     Mohammed Ghali Alaaya     Idris Amosa Saidu     Durosinlohun Atiku     Aliyu Alhassan     Kwarareports.com     Principal Private Secretary     Lukman Oyebanji Fagbemi     Sam Onile     Olofa Of Offa     Shettima     Babatunde Ishola Babaita     Eleyele     Usman Rifun     Transition Implementation Committee     Ben Duntoye     Oyedepo     Tosin Saraki     Firdaos Amasa     Amuda Aluko     Suraj Tunji Oyewale     Moshood Bakare     Sulu Babaita Isiaka     Al-Hikmah Radio     Tosho Yaqub