Nigerians withdraw nearly 50% pension contribution in last five years

Out of the annual average pension contribution of N699 billion, report revealed that withdrawals averaged about N341 billion in the same period.

For every N1000 Nigerians contributed to their pension fund in the last five years, they withdrew about N500, a reflection of Nigeria’s heightened unemployment rate and the retirement crisis that beckon among the citizens of Africa’s top crude producing nation. Out of the annual average pensi

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