Pension: Edun calls for digitisation to guarantee transparency

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, Wednesday, insisted on digitisation of pension administration in the country, to guarantee transparency.

Mr. Mohammed Manga, Director of Information and Public Relations of the Ministry of Finance, said Mr. Edun was at the headquarters of the Pension Transitional Arrangement Directorate in Abuja, this afternoon, to assess the level of work on the automation of the Directorate.

According to him, attention needed to “focus on the vital back-end computation projects aimed at improving the efficiency and transparency of pension entitlements.”He reiterated President Bola Tinubu’s unwavering commitment to pensioners’ welfare even amid essential economic reforms, while assuring of the Ministry of Finance’s support for the recent pension increment, aligning with the provisions of section 173:3 of the 1999 constitution.

His visit, he said, “Underscores the Ministry’s strategy to enhance fiscal management and promote socioeconomic stability through improved governance of public funds and the adoption of digitisation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Nigerian govt issued N8trn treasury bills – Finance Minister, EdunMinister of Finance, Wale Edun, has said that the Nigerian Government issued N8 trillion in government security, known as treasury bills, to stabilize and boost the economy. He disclosed this in an interview with journalists on Thursday during the International Monetary Fund, IMF/World Bank spring meetings in Washington D.C.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Wale Edun: FG committed to pensioners' welfare amid economic reformsWale Edun, minister of finance, says the federal government is committed to the welfare of pensioners 'amid essential economic reforms'.
Source: thecableng - 🏆 2. / 80 Read more »

Edun woos foreign investors with growing marketThe Nation Newspaper Edun woos foreign investors with growing market
Source: TheNationNews - 🏆 6. / 69 Read more »

Edun: FG committed to creating conducive business environment for investorsWale Edun, minister of finance, says the federal government (FG) is committed to creating a conducive business environment for foreign investors.
Source: thecableng - 🏆 2. / 80 Read more »

Wale Edun: Swift economic reforms key to post-COVID-19 recoveryWale Edun, minister of finance, says swift economic reforms are key to recovering from post-COVID-19 effects.
Source: thecableng - 🏆 2. / 80 Read more »