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New KSIP MD Assumes Duty, Vows to Boost the Operational Standard of the Company

by with No Comment Kano

The new Managing Director of Kano Investment and Properties Ltd (KSIP), has said that his leadership will strive for enhanced operational efficiency for improved revenue generation and inflows into the state treasury.

Mukhtar Bichi stated this today immediately after he assumed duty on Monday.

According to him, the Company has made a huge contribution to the development of the state.

He said the new leadership will support the administration’s agenda of economic diversity.

“As you know, Investment and Properties Company like ours, is facilitating and simplifying ways of how to welcome new investors and engaged in delivering assigned responsibilities by the government.

“As a team leader, I have come to add my best efforts to yours so that we can collectively achieve the required result.

“So we must work as a team, pursuing common goals with professionalism and diligence.

“Everyone in KSIP has a role in promoting best practices in upholding standard and quality services.

“We would jointly work hard as one family with integrity, and navigate the best options for effectively discharging the KSIP’s mandate”, Auwalu Mukhtar Bichi.

PenCom DG

PenCom distances self from pension association, cautions retirees

by with No Comment Business News

The National Pension Commission (PenCom) has distanced itself from the activities of the Association of Pension Desk Practitioners of Nigeria (ASSOPEP).

According to a Press statement by the commission, PenCom said that it has no affiliation with the group.

The statement added that the association (ASSOPEP) claims to resolve pension issues and assist retirees in securing their retirement benefits. But PenCom warned that the claim is false and that the commission has no affiliation with the group.

“The attention of the National Pension Commission (PenCom or commission) has been drawn to the illicit activities of the Association of Pension Desk Practitioners of Nigeria (ASSOPEP).

“The general public is kindly requested to note that the claims by ASSOPEP are entirely false as the association has no affiliation with the pension industry or authorization of any kind whatsoever from PenCom,” it said.

The statement noted that Licensed Pension Fund Operators (LPFOs), who are statutorily mandated to undertake the processing and payment of retirement benefits, are not associated with ASSOPEP in any way.

The commission urged the general public to be cautious of any promise or claim made by ASSOPEP regarding pension and retirement benefits or any other matter relating to the pension industry in Nigeria.

The commission especially strongly advises workers, retirees, pension desk officers and everyone approached by the association with claims of consulting with their Pension Fund Administrators (PFAs) and PenCom for guidance and assistance in respect of their retirement benefits to exercise caution as any interaction with the association is at the individual’s own risk.