The National Pension Commission (PenCom) has commenced discussions with the National Union of Road Transport Workers (NURTW) on an innovative partnership that could bring an estimated nine million transport workers into the Personal Pension Plan (PPP) under the Contributory Pension Scheme (CPS).
The proposed collaboration came to the fore during a courtesy visit by the transport body led by its president, Musiliu Akinsanya, popularly known as MC Oluomo, to the director general of PenCom, Omolola Oloworaran, at PenCom’s headquarters in Abuja.
The engagement, attended by senior officials from both organisations, focused on expanding pension coverage for transport workers through the PPP and on exploring innovative financing models to support the acquisition of modern mass-transit vehicles nationwide.
Speaking at the meeting, Akinsanya said the union’s nationwide structure and its estimated membership of nine million transport workers operating across motor parks, logistics corridors, interstate routes, and urban transport networks present a unique
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