SGF Inaugurates PENCOM Board, Emphasizes Transparency

On [date not specified], the Secretary to the Government of the Federation, Georg Akum, inaugurated the new board of the National Pension Commission (PENCOM) in Abuja. He underscored the federal government's commitment to strengthening Nigeria's pension system and safeguarding retirement savings for federal government workers.

The board's mandate includes providing strategic direction and policy guidance in line with the Pension Reform Act of 2014. Akum urged board members to uphold the highest standards of integrity and transparency, warning against actions that could undermine established governance structures.

The board is chaired by Dr. Opeyemi Agbaj, with members including Hon.

Hafiz Muhammad Kawu and Ms. Omolola Bridget Oloworaran, among others.

Akum highlighted the importance of restoring trust in the pension system and ensuring timely pension payments for retirees. The board's work is expected to positively impact both current and future retirees, aligning with the administration's strategic agenda to leverage pension funds for national development.