Minister Ngige commend IPMAN, for joining insurance scheme, hails its Supreme Court victory

Minister Ngige commend IPMAN, for joining insurance scheme, hails its Supreme Court victory


The Minister of Labour and Productivity, Senator Chris Ngige, has commended the leadership of Independent Petroleum Marketers Association of Nigeria (IPMAN), for keying into the Micro Pension Plan (MPP), of National Pension Commission (PENCOM), while urging other employer organisations emulate them by ensuring that all staffers are enrolled into the Pension scheme.

He also congratulated the IPMAN, over their supreme court victory and for resolving their internal problems leading to stability in the petroleum sector.

Minister Ngige made urge having received IPMAN leadership and that of PENCOM, on a joint courtesy call to his office.

He said the collaboration between IPMAN and PENCOM, is a welcome development, which will ensure better upkeep of members and staff of the petroleum Marketers.

Minister Ngige encouraged IPMAN as an employer organisation, to ensure that the more than 3 millions of their workforce across depots and filling stations in Nigeria, are enrolled into insurance scheme that will ensure safety of their lives after retirement.

He said: “People are not making up to the National Minimum Wage or working up to 8 hours a week which is the ILO standard for full employment."

Minister Ngige reminded IPMAN that formalising these workers comes with an attendant burden of compliance with the payment of the N30,000 National Minimum Wage.

He expressed worry that unemployment is a greater causative factor of insecurity, urging employer organisation like IPMAN to continue to create means of employing jobless Nigerians.

President of IPMAN, Chinedu Okonkwo, disclosed that their visit was to seek the collaboration of the Ministry of Labour in keying into the federal government’s Micro Pension Plan (MPP), for millions of workers in its employ, hence the place of the National Pension Commission in the visit.

“We want to get the drivers, depot representatives and other ancillary workers enrolled into this scheme so as to add value to their welfare and enhance the status of their employment.t

“If achieved, it will help the country to curb insecurity, reduce restiveness through the creation of wealth and its reductive effect on poverty,” he said.

The Director-General of the National Pension Commission was represented by Dauda Ahmed, a director in the commission, during the visit.

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