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Nigeria: Vice-president says restructuring nation's pensions policy necessary.

Asia Africa Intelligence Wire

| July 20, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Abuja: The federal government plans to repeal the 1979 Pensions Act and promulgate a new one. Vice-President, Alhaji Abubakar Atiku stated Thursday [18 July] that restructuring the nation's pensions policy is necessary so that the whole burden of financing public sector pensions benefits by the government would be removed.

The vice-president who …

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