Nigerians fall back on pension savings for survival amid unemployment, job losses

…10,733 unemployed make withdrawals in Q1 2019

pension savings

A growing number of Nigerians who have lost their jobs in recent times are falling back on their pension savings for temporary survival. According to statistics made available by the National Pension Commission (PenCom), in the first quarter (Q1) of 2019, approval was granted for payment of N4.51 billion to 10,733 Retirement Savings Account (RSA)…

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