FG Releases List of 19,847 Companies Operating in Nigeria that Can Apply For Contracts in Ministries.

FG Releases List of 19,847 Companies Operating in Nigeria that Can Apply For Contracts in Ministries.

  • The Federal Government has produced a list of 19,847 Nigerian firms eligible to bid on contracts in ministries.
  • The list was produced based on companies' compliance with employee pensions and insurance.
  • The companies listed are from media to health and agriculture, and banks among several others

The National Pension Commission has announced it has issued clearance certificates to 19,847 companies in Nigeria.

With the clearance, the organizations can now bid for contracts in Ministries, Departments and Agencies for 2022.

The list was posted on the PenCom website titled ‘schedule of employers issued with certificate of compliance with provisions of the PRA 2014 as at 20 June, 2022’ was obtained by Legit.ng on Thursday, 23 June 2022.

Pension certificate for companies
Workers protest non-payment of pension Credit: Emmanuel Osodi
Source: Getty Images

Pension compliance certificate

According to the National Pension Act’s laws, for a company to qualify for the certificate at least three employees have passed the minimum requirement of opening a pension account and life insurance cover for their employees.

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PenCom had in 2020 in its compliance guidelines for life insurance policy for employees and submission of insurance certificates issued to employers stated that companies that had no insurance covers for their workers would no longer be allowed to do any government business.

It noted that the regulations would be in addition to ensuring that the companies had appropriate pension accounts for the workers.

PenCom’s in its warning to employers cited Pension Reform Act 2014 Section 4(5) and Section 5.5 of the guidelines for life insurance policy for employees said:

“Suppliers, contractors or consultants bidding or soliciting for contract or business from any Federal Government ministries, departments and agencies, must fully comply with the provisions of the law and will now issue annual pension clearance certificate to eligible organizations,”
"MDA are reminded to ensure that only pension clearance certificates issued by the commission are accepted as evidence of compliance with the Pension Reform Act 2014”

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In another report on its website, PenCom reveals that there are 9,673,238.00 Retirement Savings Accounts (RSA) in the country as at the end of May 20222.

Some of the companies on the list

  • Jaiz Takaful Insurance Plc
  • Halivax Associates
  • Datum Construction Nigeria Ltd
  • Vti Global Resources Limited
  • Mb&P Global Services Limited

A full list can be downloaded here.

Benue pensioners say they have not been paid for over 33 months

Meanwhile, in another report, the National Union Coalition of Aggrieved Pensioners in Benue has threatened to engage in massive protests that will shut down the state if the Samuel Ortom-led government fails to address the plight of its members.

Only six months of the 33 months of arrears owing to pensioners in the state were inherited from the previous government, according to the union's head, Comrade Akosu Orban.

Governor Ortom, through his spokesman Nathaniel Ikyur, responded by saying that his government had reached an agreement with the leadership of the union, which is also a part of the monthly local government joint account, and that his government had been releasing N700 million to pensioners in the state on a monthly basis.

Source: Legit.ng

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