Tags: Pension Fund Administrators Loan FG N5.14 trn From Pension Funds

The total of N5.14trillion was loaned to federal government from the N7.3 trillion pension funds saved since the commencement of the Contributory Pension Scheme (CPS) in 2004. According to the source, the said N5.14trillion was loaned to the government through bonds and treasury bills purchase by the pension fund managers which proceed were meant to…