City, State/Country – August 13, 2025: Na so dem twelve stubborn employers fit land for big wahala as PenCom don wahala dem for no paying pension contributions as e suppose be. Na news wey The Nation gather say dem go face prosecution sharp-sharp if dem no change dem ways.
As PenCom release dem report for Second Quarter, 2025, dem show say dem don recover N1.35 billion from 19 employers wey no dey follow rules. Dem say N972.12 million na outstanding pension contributions wey dem no pay and N381.88 million na penalties wey dem dey avoid like bad belle.
According to the report, dem twelve employers wey dey misbehave don land for PenCom Legal Department. Dem go prosecute dem finish, and that one na serious warning to all employers make dem no joke with people pension (Na who wan chop with only palm wine on top hard bread?).
Na serious matter be this, as PenCom don talk say dem dey serious about protecting pension assets and dem dey uphold the provisions of Pension Reform Act 2014. E no go sweet if pesin surname join the list of defaulting employers, because dem go chop more penalties wey no get chill.
For their Public Strategic Priorities for Q2 2025, dem talk say dem don intensify recovery effort, and dem dey ready to drag any employer wey no gree pay, go court. Even dem recovery agents don gather wey dey help PenCom catch those wey dey dodge dem responsibilities.
Plus, on top investment matter, PenCom don encourage Pension Fund Administrators (PFAs) make dem try diversify dem investment portfolio small small. Dem no wan put all dem eggs for FGN securities basket; dem dey find better investment-grade instruments wey go fit give dem better returns while dem dey protect the people wey dey depend on pension.
Last but not least, dem also don make Micro Pension expansion better by running some sensitization campaigns. Na people wey no dey dey into pension scheme before go dey encouraged to join, as dem dey offer regulatory incentives to boost participation. Na so we go make sure everybody dey enjoy dem old age wey no go get wahala!
