University pension company generates N12.5b in two years

By Temitope Mustapha, Abuja

Minister of Education, Adamu Adamu and the members of NUPEMCO's management team.

The Nigerian University Pension Management Company Limited, NUPEMCO, has generated contributory pension of N12.5bn from university workers in less than two years.

The company made this known in Abuja during the visit of some of its executives to the Minister of Education, Adamu Adamu.

The delegation led by Alhaji Aliyu Atiku said that the university workers were responding positively to the “call for investment in and ownership of the Pension management company.”

Low cooperation
Alhaji Atiku expressed dissatisfaction on low cooperation of some universities.

He appealed to the minister to intervene and ensure that the entire universities in the country invested in NUPEMCO.

Meanwhile, the ministry said it had indicated interest in collaborating with the South Korean government in the training of Nigerian students on multimedia knowledge and skills.

Adamu stated this when the South Korean Ambassador to Nigeria, Major General Lee In-Tae, paid him a visit in his office.

     Nigeria’s Minister of Education, Adamu Adamu (Middle) with the South Korean Ambassador to Nigeria, Rtd Major General       Lee In- Tae and his team member.


Mercy Chukwudiebere