Ganduje commissions Pension Trust Fund estate

Governor Abdullahi Umar Ganduje of Kano State has  commissioned  the  21 housing unit  built by the Kano State Pension Fund Trustees at Durumi District, Abuja. The houses were built  in collaboration with Urban Shelter Limited. Speaking at the occasion, Governor Ganduje said the  houses  were  built   by  the management of the Kano State Pension […]

Governor Abdullahi Umar Ganduje of Kano State has  commissioned  the  21 housing unit  built by the Kano State Pension Fund Trustees at Durumi District, Abuja.

The houses were built  in collaboration with Urban Shelter Limited.

Speaking at the occasion, Governor Ganduje said the  houses  were  built   by  the management of the Kano State Pension Fund in its drive to ensure sustainable revenue inflow into the fund investment portfolio. 

He commended   the fund for supporting   the  government’s initiative in the area of provision of shelter with a view to reducing the housing deficit in the state and the country at large.

He  said Kano  State government was aware of the pension fund’s assets/houses worth over N4.1  billion at Sheikh Muhammad Nasiru Kabara and Sheikh Jafar Mahmood Adam cities and would  soon come up  with  modalities  on how the houses would be fully utilised or disposed off at good prices.

In his remarks, the National President of the Nigeria Union of Pensioners (NUP), Dr. Abel Afolayan, who was represented by the union’s Vice President, North-West, Alhaji Sani Muhammad Sokoto, said the construction of  the 21 housing units by the government showed that it  judiciously utilised  the pension funds in line with the Pension Reform Act.

He appealed that the turnover from the investment be prudently used to improve the living standards of the retirees.