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Sigma Pensions

Infrastructure not an investible instrument —Sigma Pensions

Pension Fund Administrators, PFAs, are keen on investing in infrastructure but can only invest in investible infrastructure instruments that can guarantee their retirees’ funds. The major challenge with diversification of pension fund is unavailability of investment instruments. One of the key channels we could invest in as a means of diversifying the portfolio is infrastructure, however, infrastructure is not investible.

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Make clear commitment to abolish double pay, pensions laws, SERAP tells NGF’s Yari

Socio-Economic Rights and Accountability Project (SERAP) has urged “the Chairman, Nigeria Governors’ Forum and Zamfara State Governor, Abdulaziz Yari to emulate the example of Senate President Bukola Saraki and make a clear public commitment that the Governors’ Forum and all governors will take immediate steps to abolish double emoluments laws for former governors and deputies in their states.”

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N40bn: Court affirms SERAP’s right to stop double pay, pensions for Akpabio, Amaechi, Saraki, others

The Federal High Court in Lagos has ruled that Socio-Economic Rights and Accountability Project (SERAP) has “sufficient interest to bring its suit to stop former governors and now serving senators and ministers from receiving double pay and life pensions, and to seek recovery of over N40bn of public funds unduly received by these public officers.”

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N40bn double pay: SERAP welcomes Saraki’s move to stop receiving pensions

Socio-Economic Rights and Accountability Project, (SERAP) has welcomed Senate President Dr Bukola Saraki’s move to “stop receiving pensions from Kwara state, where he was the governor between 2003 and 2011, and urges him to join us in the campaign to end the unjust, unfair and discriminatory practice of providing life pensions to former governors and to abolish laws that make this possible.”

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