Contributory Pension Scheme: Premium Pension partners Bauchi State
Premium Pension Board Director, Mr. Ahmed Almustapha OFR; Board Chairman, Mr. Ibrahim Alhassan Babayo; Executive Governor of Bauchi State, Senator Bala Mohammed and SSG, Bauchi State, Alhaji Mohammed Sabiu Baba.
Chairman Board of Directors, Mr. Ibrahim Alhassan Babayo presenting a souvenir to the Governor of Bauchi State, Senator Bala Mohammed, while the MD/CEO Premium Pension, Mr. Umar Sanda Mairami is watching with keen interest.
In line with its business activities, the Premium Pension Limited, has partnered Bauchi State government on Contributory Pension Scheme to ensure effective and efficient pension management.
To this end, the Board and Management of Premium Pension led by the Chairman Board of Directors, Mr. Ibrahim Alhassan Babayo in company of the Chief Executive Officer Mr. Umar Sanda Mairami and the Executive Director, Business Development North and Strategy Mr. Kabir Ahmed Tijjani has paid a courtesy visit to the Executive Governor of Bauchi State Senator Bala Mohammed at the Government House recently.
A statement by Head, Corporate Communications, Aliyu Mohammed Ali, said the courtesy call was aimed at seeking partnership with the Bauchi State Government for proper pension management.
Governor Bala Mohammed, in the statement, stated that he was highly delighted to receive the Premium Pension delegation on behalf of the Government and good people of Bauchi State on a very important and auspicious visit even as he described the visit as a turning point in terms of pension management and human capital development in the state.
“The Governor expressed the readiness of his administration’s commitment to key into the Contributory Pension Scheme as a sure way of safeguarding the welfare of workers and pensioners. On this, he affirmed his confidence with Premium Pension to do the good work as it is the beginning of wisdom to go by the national program.
“Furthermore, the Governor, assured his fulfillment that, the mutual partnership between the two bodies will enable his Administration free resources from mismanagement for the provision of required social services,” the statement added.
The Chairman of the Board of Premium Pension, Mr. Ibrahim Alhassan Babayo in his remarks during the visit, the statement stated, assured the Governor that the firm has the requisite expertise particularly in addressing all challenges associated with pension administration in the state, just as he commended the Bauchi State Government on the unparalleled success recorded in the infrastructural development across the state.
While speaking during the visit, the Chief Executive Officer, Mr. Umar Sanda Mairami, according to the statement, expressed his appreciation to the Governor for the warm reception.
Mr. Umar Sanda, the statement posited, presented a proposal to Bauchi State Government for the management of the state’s employees Retirement Savings Accounts (RSA), stating that it is in line with the objectives and provisions of Pension Reform Act, 2014 (PRA 2014) as well as Bauchi State Pension Law (when enacted).
“He reiterated that investment in its people and technology as evidenced in its performance gives Premium Pension an edge over other players in the industry. The CEO seized the opportunity to reiterate the milestones achieved by the Company, in the pension industry, and other initiatives deployed to ensure that PPL is positioned as a top tier PFA creating value.
“Other members of the Company’s delegation during the visit comprised some members of the Board in the persons of Alhaji Ahmed Almustapha and Dr. Nuru Yakubu as well as the Company Secretary Mr. Nasiru Shall, Zonal Head, Zone 11 Mr. Musa Mamman Mandara and the Business Development team based in Bauchi State, the statement added.
