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FG bows to NLC pressure, appoints chairman for PenCom

PenCom

The Federal Government has bowed to the threat of a strike by the Nigeria Labour Congress for not constituting the governing board of the National Pension Commission by appointing Mr Opeyemi Agbaje as the chairman.

The news of Agbaje’s appointment was confirmed to The PUNCH by impeccable NLC sources, as well as some industry officials.

At the end of its August 13th meeting, the Central Working Committee of the NLC demanded the constitution of the PenCom Governing Board in line with the law within seven working days. The NLC also asked PenCom to submit to the NLC a full status report of the funds within these same seven days.

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