NLC Gives FG Seven-Day Ultimatum Over NSITF PENCOM Edo Crisis

NLC Gives FG Seven-Day Ultimatum Over NSITF PENCOM Edo Crisis

The Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the Federal Government to return allegedly diverted workers’ funds and constitute the Governing Board of the National Pension Commission (PENCOM), warning it will not guarantee industrial peace if ignored. In a communiqué after its Central Working Committee (CWC) meeting, the NLC ratified the dissolution of its Edo State Council leadership over alleged unethical conduct, anti-union activities, and constitutional breaches. A caretaker committee will oversee the council until fresh elections are held. The CWC accused the government of diverting 40% of workers’ contributions to the Nigeria Social Insurance Trust Fund (NSITF) into national revenue, in violation of the law, and of making false ownership claims to the NLC headquarters. It also condemned cyber and media bullying of unions and moves to amend the NSITF Act to give the government full control. On PENCOM, the NLC decried the prolonged absence of its Governing Board, saying it undermines oversight of pension funds. It demanded that diverted NSITF funds be returned, PENCOM’s Board constituted, and a full pension fund report issued within seven working days, or face nationwide action.

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