ASUU receives licence to run pension scheme
The Academic State Union of Universities, ASUU, yesterday, received the certificate of operation for Nigerian University Pension Management Company, NUPEMCO, from National Pension Commission, the regulatory agency for the country’s pension companies. The refusal of the regulatory agency to approve the teachers’ union’s pension commission for operation was one of the major issues in the dispute between ASUU and the Federal Government. But President of ASUU, Prof. Biodun Ogunyemi, in a short message sent across to members of the union, yesterday, said ASUU received the certificate at about 11:20 a.m. The text message read in part: “Dear Comrade, We collected the final letter of approval of NUPEMCO operational license at about 11.20a.m in PENCOM office. Profound appreciation goes to all who prepared the ground and made this possible.” While congratulating all our members for this landmark achievement of the union, we also thank them for their patience. The struggle co...