PenCom boss to address catholic group in Lagos

The Director General of the National Pension Commission (PenCom), Chinelo Anohu-Amazu is to address the National Lecture Series of the Catholic Brothers United (CBU) scheduled to hold in Lagos on June 26, this year. The DG is to speak on the theme, “The Use of Pension Funds as a Catalyst for Economic Diversification.” She said: […]

The Director General of the National Pension Commission (PenCom), Chinelo Anohu-Amazu is to address the National Lecture Series of the Catholic Brothers United (CBU) scheduled to hold in Lagos on June 26, this year.
The DG is to speak on the theme, “The Use of Pension Funds as a Catalyst for Economic Diversification.”
She said: “It is noteworthy that the Catholic Brothers United (CBU) has sustained the practice of community development activities that have been uplifting the Church and the entire community. The Annual Lecture is one of such programmes that is worthy of commendation.”
Commenting on the initiative, President of CBU, Emmanuel Uwukhor said financing infrastructure projects using pensions funds has been a major topical issue that has generated much controversies given the experience with the previous pension scheme.
Uwukhor stated that it has become imperative to use the CBU platform to further clarify issues around such discussion as huge population of the Catholic community are subscribers to the Contributory Pensions Scheme (CPS) while others in the informal sector are itching to join the scheme.