Nigeria’s PenCom General Director hands affairs over

A new chapter in the affairs of the National Pension Commission, PenCom, opened yesterday, after the erstwhile Director-General, Mrs. Chinelo Anohu-Amazu, handed over the affairs of the Commission to the Head of Corporate Responsibility, Aisha Dahiru-Umar.

PenCom is the industry regulator overseeing assets of more than N6 trillion of pension assets in the country.

The handover followed the arrival of her disengagement letter last Friday which was officially delivered to her. As reported by Vanguard yesterday, her removal was effected through Section 171 of the constitution, a development that has raised eyebrows over the apparent move by the presidency to sideline the Senate in the confirmation of heads of statutory and extra-ministerial agencies.

Handing over the affairs of the commission yesterday, Mrs. Anohu-Amazu wrote: “Following the notification of my disengagement as Director-General vide a letter from the Office of Secretary to the Government of the Federation (OSGF) at 5.45pm on the 21st of April 2017, I hereby hand over the affairs of the National Pension Commission to you as the most senior officer in the Commission. This is in accordance with the directives in the letter, pending the appointment of a Director-General.

Full Content: Vanguard

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