A delegation of the ECOWAS Parliament has toured Liberia’s National Social Security and Welfare Corporation (NASSCORP) in Monrovia, seeking lessons on how robust pension administration can buttress economic inclusion across West Africa.
ECOWAS Pension Reform
The visiting team—drawn from the parliament’s Joint Committee on Administration, Finance & Budget; Public Accounts; Macroeconomic Policy & Economic Research; and Industry & Private Sector—received briefings on NASSCORP’s investment strategy, benefits disbursement system and digital enrolment drive.
ECOWAS Pension Reform
“Regional knowledge‑sharing like this strengthens our collective push for social protection and sustainable job creation,” said committee chair Hon. Salifou Traoré after the walkthrough of the pension‑fund’s data centre and beneficiaries’ service desk.
ECOWAS Pension Reform
NASSCORP Managing Director, Dorsla V. Dou told the MPs that Liberia’s scheme—covering roughly 300,000 formal‑sector workers—had shifted a quarter of its portfolio into infrastructure and affordable‑housing bonds, illustrating how pension capital can spur domestic development.
The ECOWAS lawmakers said insights gained in Monrovia would feed into a forthcoming report on harmonising pension regulations and expanding social‑security coverage for informal‑economy workers across the 15‑nation bloc.
Spread the loveThe African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing $30bn in industry projects, with Nigeria receiving 60 per cent despite reduced global funding for hydrocarbon ventures in Africa President, Afreximbank, Prof Benedict…
Spread the loveA Former Director-General, Nigerian Institute of International Affairs, Professor Bola Akinteriwa says the Russian government may take a sanctionary measure against Nigeria. Professor Akinteriwa stated this in Lagos, during a Seminar entitled: Russia-Ukraine War and the imperatives of a new global order, organized by the Nigerian Institute of…
Spread the loveThe Coordinating Minister of Health and Social Welfare, Professor Ali Pate, says the adoption of robotic surgery in Nigeria represents a giant stride forward for the nation’s healthcare system. Professor Pate made the remark in Abuja during the unveiling of the Robotic Surgery Platform established by the Nisa…