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PenCom Strives To Recoup N1.3bn Unpaid Pension Contributions From Media Houses

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Executive Secretary of Nigerian Press Council, Dr. Dili Ezughah and the Director General of National Pension Commission, Ms. Omolola Oloworaran during a recent working visit to the Council in Abuja.

The National Pension Commission (PenCom) has stated that newspaper organisations are owing over N1.3 billion in unpaid pension contributions for journalists. This was disclosed by the Director General of PenCom, Ms. Omolola Oloworaran, who led a delegation to the Nigerian Press Council in Abuja.
Oloworaran expressed concerns over widespread non-compliance with the Pension Reform Act 2014 among media establishments.
Consequently, PenCom and the Nigerian Press Council have entered into a strategic collaboration to prevail on newspaper organisations to settle the huge pension liabilities owed to their employees.
The PRA 2014 mandates that employers remit monthly pension contributions into employees’ Retirement Savings Accounts (RSAs) not later than seven days after salary payments.
According to the PenCom DG, many media houses have failed to adhere to this requirement, prompting the Commission to assign Recovery Agents to audit and determine their outstanding pension debts and applicable penalties.
Recently, the PenCom DG has been leading an aggressive enforcement drive, building strategic partnerships with regulatory agencies aimed at recovering unpaid pension contributions from organisations running into billions of Naira.
However, the focus on the media sector is highly significant being the first time of conducting such high-level engagements towards resolving the lingering issue.
Oloworaran said journalists deserve to retire with dignity as they play a vital role in ensuring accountability across the public and private sectors.
Media organisations, in turn, must lead by example by fulfilling pension obligations to their employees.
She appealed to the Nigerian Press Council for support in advocating compliance within the media sector, emphasising that pension contributions are a critical safeguard against old age poverty.
“Pension is a vital component of our social security system, and even the government has begun to take it more seriously,” she added.
In response, the Executive Secretary of the Nigerian Press Council, Dr. Dili Ezughah, pledged the council’s support and commitment to addressing the issue.
Dr. Ezughah said the Nigerian Press Council would escalate the matter to relevant stakeholders, including the Nigeria Union of Journalists (NUJ) and the Nigerian Guild of Editors, highlighting the significant impact of unpaid pensions on journalists’ welfare. He decried the failure of media organisations to remit pension contributions as a significant challenge in the Nigerian media industry.
The discussions culminated in the establishment of a joint working group of PenCom and the Nigerian Press Council, tasked with ensuring a speedy resolution of the issue.

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Ghana’s Delegation In Nigeria To Marine Cargo Sector

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Commissioner for Insurance, Olusegun Omosehin received delegates from Ghana's Marine Cargo Technical Committee on a study tour of Nigeria's marine cargo sector at his office in Abuja recently. The delegation was led by Mr. Fred Asiedu-Darteh of Ghana Shippers' Authority.

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Stakeholders Assess Progress, Challenges In Implementing Building Insurance Regulations

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The National Insurance Commission (NAICOM) convened the fourth meeting of the Joint Committee on Insurance for Public Buildings and Buildings Under Construction recently in Abuja.
The meeting, chaired by the Deputy Commissioner for Insurance, Finance and Administration, Mr. Ekerete Ola Gam-Ikon, brought together stakeholders to discuss progress and challenges in implementing insurance regulations for public buildings and buildings under construction.

In his opening remarks, Mr. Gam-Ikon welcomed new members from the quantity surveying profession and briefed the committee on NAICOM’s enforcement efforts, which have commenced with third-party motor insurance and are expanding to public buildings and buildings under construction. He emphasized the importance of collaboration with regulatory agencies and highlighted the commission’s focus on claim settlement, citing the example of a fire incident at a Cash and Carry supermarket where insured parties received prompt claim payments.

The committee discussed implementation progress, with the representative from Development Control indicating that they have started enforcing insurance requirements since January 2025 but are awaiting necessary documents to commence full enforcement. Other stakeholders, including the Nigerian Insurers Association (NIA) and the Federal Fire Service, shared their perspectives on the importance of complete documentation, risk assessment, and insurance coverage.

The Chairman of the joint committee, Mr. Gam-Ikon, urged Development Control to establish a database of public buildings and buildings under construction and ensure that only buildings with approved documents are insured. Dr. Talmiz Usman, Director of Legal Enforcement and Market Development at NAICOM, thanked committee members for their support and participation.

The meeting underscored the importance of collaboration and effective implementation of insurance regulations to promote safety and risk management in the construction industry.

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emPLE Partners LASPARK For Tree Planting Initiative

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emPLE has officially flagged off Green emPLE, its company-wide sustainability initiative, with a tree-planting exercise held in partnership with the Lagos State Parks and Gardens Agency (LASPARK) in Lagos.
As part of the launch, emPLE planted 65 trees across strategic locations in Lagos. The carefully selected tree species were chosen for their environmental benefits such as improving air quality, reducing urban heat, and enhancing the city’s ecological balance.
Speaking at the event, Oyinlade Olalekan, Managing Director of emPLE General Insurance Limited, remarked,
“At emPLE, we’re deeply committed to empowering lives—not just through our financial offerings but by actively contributing to a more sustainable world. The launch of Green emPLE and today’s tree-planting activity are key steps in that journey. Sustainability is one of our core values, and we’re proud to be playing our part in building a cleaner, greener Lagos.”
He added,
“We see Green emPLE as a platform for driving real impact, one initiative at a time. This partnership with LASPARK is only the beginning. We look forward to rolling out more activities that reinforce our mission and encourage others to join us in protecting the planet.”
Mrs. Adetoun Popoola, General Manager of LASPARK, also commended the initiative, saying:
“Our mandate at LASPARK is to promote a greener Lagos through tree planting and urban beautification. It’s always encouraging to see private sector organisations like emPLE step forward in support of this mission. Collaborations like this help us get more done and inspire residents and businesses alike to take sustainability seriously. We are excited about what Green emPLE represents and we look forward to more impactful partnerships.”
To acknowledge emPLE’s contribution, LASPARK presented the company with a Tree Planting Certificate, recognising its role in environmental preservation and its ongoing support for climate resilience and green urban development.
Green emPLE is emPLE’s long-term commitment to promoting sustainable practices that support a healthier planet and empower future generations. The initiative reflects the company’s belief that true empowerment goes beyond financial products it includes taking responsibility for the environment and driving long-term positive change.

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