Employers reject FG’s proposed pension hike, warn of job losses and higher business costs

Key points Main story Nigeria’s organised private sector has rejected the Federal Government’s proposed increase in mandatory pension contributions, warning that the move could raise employment costs, threaten business survival and ultimately undermine the country’s formal labour market. The Organised Private Sector of Nigeria (OPSN), an umbrella body representing major business associations, described the proposal … Continue reading Employers reject FG’s proposed pension hike, warn of job losses and higher business costs