{"id":12346,"date":"2017-04-15T01:09:29","date_gmt":"2017-04-15T00:09:29","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=12346"},"modified":"2017-04-15T01:09:29","modified_gmt":"2017-04-15T00:09:29","slug":"niger-to-audit-contributory-pension-scheme-operation","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/niger-to-audit-contributory-pension-scheme-operation\/","title":{"rendered":"Niger to Audit Contributory Pension Scheme Operation"},"content":{"rendered":"

Olabode Adaramola<\/p>\n

Niger State governor, Alhaji Abubakar Sani Bello has approved the conduct of an independent forensic audit of the operations of Contributory Pension Scheme (CPS) in the state.<\/p>\n

This, according to the governor,\u00a0 is to unravel\u00a0 funds discrepancies in the operation of the scheme in the Local Government Councils, Local Government Service Commission and Niger State Universal Basic Education Broad (NSUBEB).<\/p>\n

The governor , stated this in MinnaMinn during the week, prior to his traveling to the Peoples Republic of China with some government officials on official visit. .<\/p>\n

He added that the forensic audit\u00a0 has become imperative, following the findings of a committee set up by the new management board of the State Pension Board.<\/p>\n

To this end, the\u00a0 governor has approved the appointment of an accounting and auditing consultancy firm to undertake the exercise and proffer global best practices options for the operation of the scheme.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

The board had earlier in a report submitted to the government through the office of the Secretary to the State Government (SSG) on the findings of its committee And recommended a forensic audit of the operations of the CPS in the state.<\/p>\n

According to the statement the forensic audit of the operation of the scheme was a move by the state government to unearth the discrepancies and the lingering crisis that led to the suspension of deductions under the scheme in April, 2015 and ensure effective operation of the scheme in the state.<\/p>\n

“The administration of Alhaji Abubakar Sani Bello is committed to resolving the inherited lingering crisis associated with CPS in the state and it is worthy to note that the administration has recorded some milestones in the settlements of entitlements to beneficiaries of CPS.<\/p>\n

“The board’s management under Governor Abubakar Sani Bello has processed and paid 10 beneficiaries under the scheme to a tune of N23,826,578.16.<\/p>\n

“While efforts are been made to get another set of 43 beneficiaries, whose entitlement of N35,510,471,89 have been paid by government but are yet to access the benefits from their Pension Fund Administrators (PFAs) to be paid by the PFAS concerned”.<\/p>\n","protected":false},"excerpt":{"rendered":"

Olabode Adaramola Niger State governor, Alhaji Abubakar Sani Bello has approved the conduct of an independent forensic audit of the operations of Contributory Pension Scheme (CPS) in the state. This, according to the governor,\u00a0 is to unravel\u00a0 funds discrepancies in the operation of the scheme in the Local Government Councils, Local Government Service Commission and …<\/p>\n","protected":false},"author":11,"featured_media":11148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17,624],"tags":[772],"coauthors":[2392,2393],"class_list":["post-12346","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","category-politics","tag-niger-state"],"yoast_head":"\nNiger to Audit Contributory Pension Scheme Operation - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/niger-to-audit-contributory-pension-scheme-operation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Niger to Audit Contributory Pension Scheme Operation - National Wire\" \/>\n<meta property=\"og:description\" content=\"Olabode Adaramola Niger State governor, Alhaji Abubakar Sani Bello has approved the conduct of an independent forensic audit of the operations of Contributory Pension Scheme (CPS) in the state. 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