Arise News· 3h ago· 1 min read
The Organised Private Sector of Nigeria (OPSN), has described the recent announcement by the Director General of the National Pension Commission (PenCom) regarding a proposed increase in mandatory pension contributions and introduction of an additional 3.0 per cent mandatory annual contribution as a Greek gift.
The OPSN comprises the Manufacturers Association of Nigeria (MAN); the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA); the Nigeria Employers’ Consultative Association (NECA); the Nigerian Association of Small and Medium Enterprises (NASME); the Nigerian Association of Small Scale Industrialists (NASSI) and 25 sectoral employer associations.
A press statement on Thursday jointly signed by MAN, NECA, NACCIMA, NASME and NASSI, said that any reform that promises improved retirement outcomes while placing additional pressure on the businesses…
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