Reps summon PENCOM DG as agency remits N1b out of N20.7b revenue in 2021

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The House of Representatives Committee on Finance has summoned the Director General of the National Pension Commission (PENCOM), Dr. Aisha Dahiru-Umar, to appear before it on Monday over the ongoing hearing on the Medium-Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP).

The committee, which expressed displeasure at the DG’s absence, said documents available to it showed that PENCOM remitted only N1 billion out of N20.7 billion generated in 2021.

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The committee’s Deputy Saidu Abdullahi, who presided over the hearing, said the development was unacceptable.

The committee demanded that Dahiru-Umar appear in person on September 12 to answer questions on the agency’s budget performance.

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