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Employee pensions at risk as lockdown, job losses threaten remittances

Employees enrolled under Nigeria’s Contributory Pension Scheme (CPS) face a tough future of low benefits as the ravaging COVID-19 pandemic has affected employer-employee contributions, industry experts tell BusinessDay. The experts say the lockdown of key sectors of the economy to curb the spread of coronavirus, and job losses across different sectors arising therefrom, will lead…

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