April 12, 2024
Customs Considers Law For Own Pension Fund Administration
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Customs Considers Law For Own Pension Fund Administration

Comptroller of the Nigeria Customs Service (NCS) Adewale Adeniyi, says plans to sponsor a bill advocating for a separate entity dedicated to managing the service’s Pension Fund Administration.

The revelation was made during a send-off and reunion event held at the weekend in Abuja to honour senior officers who retired from the Customs Service. Adeniyi emphasised that the initiative aims to enhance efficiency and focus on managing retirees’ pensions.

The comptroller also reiterated his commitment to conduct a thorough review of retirees’ welfare, initiate a digitised verification exercise, and explore the establishment of a pension board.

Drawing inspiration from successful models in other organizations, Adeniyi highlighted the transformative power of tapping into the wealth of experience held by retired professionals. 

He stressed the potential benefits for the NCS in various operational areas such as policy formulation, trade facilitation, and procedural enhancements.

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Acknowledging existing gaps in the utilization of retired officers’ expertise, Adeniyi identified the absence of structured programs, limited communication channels, inadequate recognition and motivation, unclear roles and responsibilities, and limited training and transition programs.

He said, however, that the NCS has initiated measures to address these gaps, including a thorough review of provisions in the gazette and transitioning the verification exercise to a digital format.

Adeniyi also emphasized the critical importance of prioritizing the healthcare needs of retired officers, expressing the NCS’s commitment to ensuring healthcare remains a central focus.

He expressed confidence that the reunion symbolizes a commitment to unity, collaboration, and progress within the Nigeria Customs Service.

    • 5 months ago

    […] READ ALSO: Customs Considers Law For Own Pension Fund Administration […]

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