Pension operators warn removing Nigeria's police from pension scheme could cost the government $8.5 billion yearly.

Pension operators warn that removing Nigeria's police force from the Contributory Pension Scheme (CPS) could cost the government N3.5 trillion annually. The Pension Fund Operators Association of Nigeria argues that the move would strain the budget and could lead to fiscal unsustainability, while also setting a precedent for other public sectors. They suggest increasing pension contributions and benefits within the CPS as a more sustainable solution.

November 19, 2024
8 Articles

Further Reading