The National Pension Commission and the National Union of Road Transport Workers have begun discussions on a partnership aimed at enrolling an estimated nine million transport workers into the Personal Pension Plan under Nigeria’s Contributory Pension Scheme.
The initiative was disclosed in a statement issued by PenCom on Wednesday following a courtesy visit by the National President of the NURTW, Musiliu Akinsanya, popularly known as MC Oluomo, to the Director-General of PenCom, Omolola Oloworaran, at the commission’s headquarters in Abuja.
According to the statement, the engagement focused on expanding pension coverage among transport workers in the informal sector and exploring financing models that could support the acquisition of modern mass-transit vehicles across the country.
PenCom said the proposed collaboration could significantly deepen pension and financial inclusion among transport workers operating in motor parks, logistics corridors, interstate routes and urban transport networks nationwide.
Speaking during the meeting, Akinsanya said the union’s
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