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Tag: savings

News
8,651 jobless workers withdrew N14bn from pension savings –PenCom

8,651 jobless workers withdrew N14bn from pension savings – PenCom

June 13, 2024November 20, 2024 AGS

AGS NEWS – In the first quarter of 2024, around 8,651 Retirement Saving Account (RSA) holders withdrew N14.20 billion due to temporary job loss, according to the National Pension Commission (PenCom) report. PenCom received 8,702 requests from RSA holders seeking … Continue reading 8,651 jobless workers withdrew N14bn from pension savings – PenCom

Business
Federal government achieves N1.45 trillion savings through subsidy removal

Federal government achieves N1.45 trillion savings through subsidy removal

November 8, 2023November 20, 2024 AGS

Government records obtained from the Nigeria Governors Forum and National Bureau of Statistics websites reveal that the federal government has managed to save approximately N1.45 trillion from the removal of the subsidy on Premium Motor Spirit, commonly known as petrol, … Continue reading Federal government achieves N1.45 trillion savings through subsidy removal

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