Home Africa Nigeria: NLC pushes for 50% pension withdrawal rights — Africa Links 24

Nigeria: NLC pushes for 50% pension withdrawal rights — Africa Links 24

Nigeria: NLC pushes for 50% pension withdrawal rights — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2025-10-30 19:29:09

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The Nigerian Labour Congress, NLC, has called for an increase in the Retirement Savings Account, RSA, withdrawal limit, proposing to raise the threshold from 25 per cent to 50 per cent.

NLC President, Joe Ajaero, made the demand during a roundtable discussion with the management of the National Pension Commission (PenCom) in Abuja on Thursday.

The event had the theme, “Consolidating the Gains of the Contributory Pension Scheme through Collaboration with Social Partners.”

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Mr…

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