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1,877 firms get PenCom's clearance to do business with MDAs – Punch Newspapers


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Nike Popoola
Published 14 March 2021
A total of 1,877 organisations got the National Pension Commission’s clearance for getting appropriate pension and insurance covers for their employees in the fourth quarter of 2020.
This qualifies them to do business with the Federal Government.
This commission disclosed this in its report titled ‘Issuance of pension clearance certificates’ for the fourth quarter report obtained by our correspondent on Friday.
Part of the report read, “The commission received a total of 1,900 applications from private sector organisations for the issuance of pension clearance certificates.
“Out of this number, PCCs were issued to 1,877 organisations while 23 applications were declined due to inability of the organisations to meet the requirements for issuance of certificates. ....

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