This Day (Lagos)

Nigeria: Construction Workers Want FG to Strengthen PenCom

Workers in the civil engineering and construction industry have on the federal government to strengthen the National Pension Commission (PENCOM) to ensure that companies that are not complying with the Pension Reform Act 2004 are adequately sanctioned.

Speaking under the auspices of the National Union of Civil Engineering, Construction, Furniture and Wood Workers (NUCECFWW) they alleged that it was government inability to fight corruption that led to the fraud in the pension industry.

The union's General Secretary, Mr. Babatunde Liadi, who made the call, however commended the government on the Pension Reform Act 2004, which is said is aimed at sanitising the industry.

"There should be transparency in the management and administration of the pension funds and pension ought to be treated as compensation and therefore should be accorded the same priority attention given to salaries by employers and the government," he said.

The union leader stated that the issue of conducive and good Health and Safety Environment (HSE) at workplace, work balance life and general health of our members could not be compromised, demanding that all companies should adhere strictly to all international HSE standards and regulations.

"We are also calling on the Federal Ministry of Employment, Labour and Productivity and the state Department on Health and Environmental Safety to beef up and adequately equip their supervision section to perform the supervisory roles of all companies, factories and construction sites to ensure that required and internationally acceptable standards are met," he added.

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