Nigeria: Don't Borrow From Pension Funds, NLC Warns Governors

11 December 2020

Abuja — The Nigeria Labour Congress (NLC) has threatened to mobilise Nigerian workers in protest against the move by the state governors to borrow N17 trillion from the pension funds purportedly for infrastructural development. The union asked the state chief executives to steer clear of the pension funds, warning them against tampering with the money.

Speaking at the 47th National Executive Council meeting of the Medical and Health Workers' Union of Nigeria, in Abuja yesterday the NLC President, Ayuba Wabba, insisted that the governors have no authority over the funds.

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