Reps summons CBN Governor, others over N33 billion missing pension fund

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The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor, Godwin Emefiele and others over missing N33 billion pensions fund.

The Emmanuel Agbonayinma-led Ad-hoc Committee probing activities of the National Pension Commission (PenCom) and violation of PenCom Act also summoned Accountant General of the Federation (AGF), Ahmed Idris and Acting Director General PenCom, Aisha Dahir Umar over the issue.

Agbonayinma said they are to appear before the committee next Tuesday to explain what happened to the fund between January and April 2017.

The lawmaker, who met with stakeholders including some pension fund administrators (PFAs) during the Committee’s proceedings, wondered why the missing fund was not listed in the schedule of financial release to PenCom.

Pensioners under the aegis of the Nigeria Union of Contributory Pensioners (NUCP), who appeared before the panel blamed the commission for their woes.

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