FG Dispels Fears, Vows To Protect Workers’ Pension Funds

• Government Reassures on Pension Fund Integrity

• Safeguarding Workers’ Savings a Priority

• Responsible Investment Strategies Explored

Eko Hot Blog reports that, addressing concerns, the Nigerian government categorically stated its commitment to safeguarding workers’ pension funds.

In a statement, Finance Minister Wale Edun clarified, “The federal government has no intention to illegally access workers’ savings.”

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Furthermore, he emphasized adherence to established regulations governing pension funds.

Exploring Responsible Investment Avenues Edun disclosed an ongoing conversation involving key stakeholders in the long-term savings industry.

The aim is to responsibly invest funds in growth areas like infrastructure and housing within legal bounds.

“No attempt to lower returns or increase risk for pension or investment funds,” Edun assured.

Unlocking Growth, Creating Jobs The minister highlighted the government’s ability to provide guarantees to unlock funding for economic growth and job creation.

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“It’s a challenge for the financial industry to find solutions that safeguard long-term savings while boosting economic growth,” Edun stated.

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