Police exemption from pension scheme to cost Nigeria N3.5tn annually, operators warn

Pension operators have warned that exempting the Nigeria Police Force from the Contributory Pension Scheme could cost the Federal Government N3.5tn annually. They disclosed this at a one-day public hearing on the proposed “Police Pension Board Bill 2024” at the National Assembly in Abuja on Tuesday. This estimate comes amidst concerns about the financial sustainability

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