FG borrowed N6.1trn from N8.49 pension assets – PENCOM
The Federal Government (FG) has borrowed about N6.16 trillion out of the N8.49 trillion pension assets under the Contributory Pension Scheme. The figures from the National Pension Commission (NPC) on Tuesday in Abuja, revealed that the FG’s borrowing represents 73.5 per cent of the pension fund. According to data from...