Stanbic IBTC launches game-changing micro pension campaign – “Retire Well”

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Stanbic IBTC launches game changing micro pension campaign
L-R: Chief Executive, Stanbic IBTC Pension Managers Limited, Mr Eric Fajemisin; Executive Director, Business Development, Stanbic IBTC Pension Managers Limited, Mrs Nike Bajomo; and Head, Micro Pension and Agency, Mr Abimbola Oladele, at the launch of Stanbic IBTC Pension Managers’ micro pension campaign, held in Lagos on Thursday (9/5/2019)

Stanbic IBTC launches game-changing micro pension campaign – “Retire Well”: Following the formal launch of the micro pension plan (MPP) by President Muhammadu Buhari on the 28 March, 2019, Nigeria’s biggest pension fund administrator (PFA), Stanbic IBTC Pension Managers Limited, has taken the lead to unveil a game-changing nationwide micro pension campaign tagged ‘Game Plan – Retire Well.’ The effort is aimed at sensitising and stimulating the informal sector not covered by the current Contributory Pension Scheme (CPS) to secure their buy-in into the pension scheme.

The micro pension scheme, in furtherance of the policy direction and ongoing reforms of Nigeria’s pension industry to extend the coverage of CPS to the informal sector and among other initiatives, geared at building on the achievements recorded with the pension reforms over the past few years and capable of putting the industry on stronger footing going forward.

Stanbic IBTC launches game changing micro pension campaign
L-R: Chief Executive, Stanbic IBTC Pension Managers Limited, Mr Eric Fajemisin; Executive Director, Business Development, Stanbic IBTC Pension Managers Limited, Mrs Nike Bajomo; and Head, Micro Pension and Agency, Mr Abimbola Oladele, at the launch of Stanbic IBTC Pension Managers’ micro pension campaign, held in Lagos on Thursday (9/5/2019)

Addressing members of the journalists in Lagos, Stanbic IBTC Pension Managers Limited reiterated its support for the ongoing reforms and other PenCom initiatives it said were necessary to maintain the strength and depth of Nigeria’s Contributory Pension Scheme. The PFA also disclosed its readiness and commitment to contributing its quota by putting in place strategic industry stakeholder engagements on ways to boost wider participation by Nigerians.

Chief Executive, Stanbic IBTC Pension Managers Limited, Mr. Eric Fajemisin said, ‘Game Plan – Retire Well’ is our callout to stakeholders to secure their future and reinforce the need to save and plan for retirement, irrespective of the nature of their jobs or the profession they may find themselves in. It is all about taking a decision today by signing up for a retirement plan, making the right move now towards a secure future or simply put having a game plan.

Fajemisin noted that ‘Game Plan – Retire Well’, is targeted at the various tiers of demography in the informal sector: the upper class/skilled workers, the middle class/semi skilled, and the lower class/unskilled

Speaking further on the scheme, Fajemisin said it is meant to insulate those not covered in the formal sector of the economy as well as income earners in every category against old-age poverty and would help in deepening asset accumulation in the country. According to him, the scheme will also help provide the crucial capital required for investment in critical sectors of the economy. As an initiative designed to cover an estimated 70 percent of Nigeria’s working population, currently in the informal sector, the scheme offers enormous benefits to the society, regardless of challenges associated with its seamless implementation.

Among its other benefits is improved standard of living for the elderly, safety of funds and access to other incentives, flexible contribution remittances, the opportunity to make withdrawal prior to retirement and the enhancement of financial inclusion in the country.

Executive Director, Business Development, Stanbic IBTC Pension Managers Limited, Mrs. Nike Bajomo, said the company intends to create awareness across the country about ‘Game Plan – Retire Well’ – micro pension scheme to drive adoption even as the PFA continues to engage various stakeholders on developments in the industry to ensure that the provisions of the CPS are fully harnessed to the benefit of all. Such platforms as Town Hall meetings, Stakeholders fora, Associations’ meetings, Public Awareness programs and exhibitions on TV, Radio & Digital media, among other initiatives Stanbic IBTC Pension Managers will be organised yearly to ensure regular engagement and to drive awareness.

Backed by the experience and expertise of Stanbic IBTC Group which recently marked its 30th anniversary and a member of the Standard Bank Group, Bajomo said the PFA will not relent in providing excellent services to its RSA holders and Nigerians. Stanbic IBTC Pension Managers Limited, she said, has over 1.7 million RSA holders nationwide, with assets under management in excess of N2.8 trillion. It paid N3.26 billion to over 55,809 retirees in March, 2019 and has paid out over N635 billion to retirees since the PFA commenced operations in 2006.

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6 Comments

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    FOR CLEARANCE AND DELIVERY, SOME OF THE CARS FOR SALE AND THEIR AUCTION PRICE ARE: Golf3 N250,000.
    Golf4 N300,000
    Toyota Camry Tiny light= N400,000
    Toyota Camry Big daddy= N450,000
    .Toyota Rav4= N500,000
    .Toyota4Runner= N650,000
    .Toyota Avalon= N500,000
    .Toyota Avensis= N450,000
    .Toyota Corolla= N400,000
    .Toyota Hiacebus= N950,000
    .Highlander= N850,000
    .Toyota HiLux= N950,000
    .Toyota Matrix= N500,000
    .Toyota Prado= N600,000
    .Toyota venza= N800,000
    .SEINNA= N650,0000
    .Toyota picnic= N450,000
    .Honda Accord= N500,000
    .Honda Civic= N450,000
    .Honda Evilspirit N500,000
    .HondaPilot= N700,000
    .Infiniti FX35= N750,000
    .InfinitiFX45= N850,000
    .Lexus RX300= N600,000
    .Lexus RX330= N750,000
    .Lexus RX350= N850,000
    .BMW X5= N650 000
    .BMW X6= N800,000
    Mercedes Benz c-class= N400,000
    Mercedes Benz E-class= N450,000
    Mercedes Benz ml330= N700,000
    Mercedes Benz ml350= N850,000.etc.
    NOTICE: PRICE OF THOSE VEHICLES LISTED HERE DEPENDS ON THEIR YEAR MODEL AND WE DELIVER TO ANY OF THE 36 STATE IN NIGERIA.
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  3. PLEASE DON’T FORGET TO SHARE THIS NEWS ABOUT NIGERIA CUSTOM SERVICE 2019 AUCTION OF IMPOUNDED VEHICLES FOR SALE IN A CHEAP AND AFFORDABLE PRICE, AND BAGS OF RICE FOR SALE AT A CHEAP LOWER PRICE #7,500. AND #1,000 FOR DELIVERY PER BAG INTERESTED BUYERS SHOULD CALL CUSTOM HEAD OFFICE ON 09030110111
    FOR CLEARANCE AND DELIVERY, SOME OF THE CARS FOR SALE AND THEIR AUCTION PRICE ARE: Golf3 N250,000.
    Golf4 N300,000
    Toyota Camry Tiny light= N400,000
    Toyota Camry Big daddy= N450,000
    .Toyota Rav4= N500,000
    .Toyota4Runner= N650,000
    .Toyota Avalon= N500,000
    .Toyota Avensis= N450,000
    .Toyota Corolla= N400,000
    .Toyota Hiacebus= N950,000
    .Highlander= N850,000
    .Toyota HiLux= N950,000
    .Toyota Matrix= N500,000
    .Toyota Prado= N600,000
    .Toyota venza= N800,000
    .SEINNA= N650,0000
    .Toyota picnic= N450,000
    .Honda Accord= N500,000
    .Honda Civic= N450,000
    .Honda Evilspirit N500,000
    .HondaPilot= N700,000
    .Infiniti FX35= N750,000
    .InfinitiFX45= N850,000
    .Lexus RX300= N600,000
    .Lexus RX330= N750,000
    .Lexus RX350= N850,000
    .BMW X5= N650 000
    .BMW X6= N800,000
    Mercedes Benz c-class= N400,000
    Mercedes Benz E-class= N450,000
    Mercedes Benz ml330= N700,000
    Mercedes Benz ml350= N850,000.etc.
    NOTICE: PRICE OF THOSE VEHICLES LISTED HERE DEPENDS ON THEIR YEAR MODEL AND WE DELIVER TO ANY OF THE 36 STATE IN NIGERIA.
    CONTACT ADDRESS: 2025A, Operation Lyfia, Zone A Command, Badagry Express Way, Seme Border, Lagos State TEL: FOR MORE INFO CALL N.C.S. VIA LINE 09030110111..

  4. NIGERIA CUSTOM SERVICE HAS COMMENCE THE AUCTIONING OF VEHICLES WITH THE DIRECTIVE OF THE FEDERAL GOVERNMENT FOR 2019/2020 LIKE AND SHARE THIS TO IMPROVE THE LIFE OF THE CITIZENS NIGERIA.CUST0MS SEAS0N SALES
    WE HAVE DONE IT BEFORE NOW WE ARE DOING IT AGAIN.
    A GREAT OPPORTUNITY TO OWN A CHOICE VEHICLES AT MINIMAL COSTS.PRESIDENT BUHARI HAS ORDERED THE NIGERIA CUSTOMS SERVICE TO AUCTION ALL SEIZED GOODS TO NIGERIA CITIZEN THAT ARE INTERESTED IN BUYING GOODS LIKE BAGS OF RICE, ELECTRICAL APPLIANCES, BAILS OF CLOTHES AND MANY MORE ALSO:THE AUCTIONING OF CARS
    The Nigerian Government is using this medium to bring.
    To your notice that we are Selling Off T0kunbo vehicles in our custody.
    They are vehicles that have never been used in Nigeria.
    For more information…..
    CALL THE OFFICER IN-CHARGE COMPTROLLER DAMILOLA FREDRICK ============== (+2348101300283) ============DELIVERY TO ALL 36 STATES IN NIGERIA Some of The Vehicles Available are
    1999 CAMRY PENCIL LIGHT.N300K
    1999 TOYOTA SIENNA. N300K
    1999 TOYOTA PICNIC. N250K
    1999 HONDA BABY BOY. N300K
    Toyota 4Runner N600K
    Toyota Avalon N600K
    Toyota Avensis N550K
    Toyota Camry N300K -980K
    Toyota Corolla N500K
    Toyota Hiace Bus N500K
    Toyota Highlander N950K
    Toyota HiLux N900K
    Toyota Matrix N550K
    Toyota Prado N1M
    Toyota Rav4 N600K
    Toyota Sequoia N250K
    Toyota Tacoma N700K
    Toyota Tundra N800K
    Toyota Venza N1M
    Toyota Yaris N350K
    Honda Baby Boy N300K
    Honda Accord 03 EOD N550K
    Honda City N300K
    Honda Civic N350K
    Honda Crosstour N1M
    Honda CR-V N550K
    Honda

  5. NIGERIA CUSTOM SERVICE HAS COMMENCE THE AUCTIONING OF VEHICLES WITH THE DIRECTIVE OF THE FEDERAL GOVERNMENT FOR 2019/2020 LIKE AND SHARE THIS TO IMPROVE THE LIFE OF THE CITIZENS NIGERIA.CUST0MS SEAS0N SALES
    WE HAVE DONE IT BEFORE NOW WE ARE DOING IT AGAIN.
    A GREAT OPPORTUNITY TO OWN A CHOICE VEHICLES AT MINIMAL COSTS.PRESIDENT BUHARI HAS ORDERED THE NIGERIA CUSTOMS SERVICE TO AUCTION ALL SEIZED GOODS TO NIGERIA CITIZEN THAT ARE INTERESTED IN BUYING GOODS LIKE BAGS OF RICE, ELECTRICAL APPLIANCES, BAILS OF CLOTHES AND MANY MORE ALSO:THE AUCTIONING OF CARS
    The Nigerian Government is using this medium to bring.
    To your notice that we are Selling Off T0kunbo vehicles in our custody.
    They are vehicles that have never been used in Nigeria.
    For more information…..
    CALL THE OFFICER IN-CHARGE COMPTROLLER DAMILOLA FREDRICK ============== (+2348101300283) ============DELIVERY TO ALL 36 STATES IN NIGERIA Some of The Vehicles Available are
    1999 CAMRY PENCIL LIGHT.N300K
    1999 TOYOTA SIENNA. N300K
    1999 TOYOTA PICNIC. N250K
    1999 HONDA BABY BOY. N300K
    Toyota 4Runner N600K
    Toyota Avalon N600K
    Toyota Avensis N550K
    Toyota Camry N300K -980K
    Toyota Corolla N500K
    Toyota Hiace Bus N500K
    Toyota Highlander N950K
    Toyota HiLux N900K
    Toyota Matrix N550K
    Toyota Prado N1M
    Toyota Rav4 N600K
    Toyota Sequoia N250K
    Toyota Tacoma N700K
    Toyota Tundra N800K
    Toyota Venza N1M
    Toyota Yaris N350K
    Honda Baby Boy N300K
    Honda Accord 03 EOD N550K
    Honda City N300K
    Honda Civic N350K
    Honda Crosstour N1M
    Honda CR-V N550K
    Honda

  6. NIGERIA CUSTOM SERVICE HAS COMMENCE THE AUCTIONING OF VEHICLES WITH THE DIRECTIVE OF THE FEDERAL GOVERNMENT FOR 2019/2020 LIKE AND SHARE THIS TO IMPROVE THE LIFE OF THE CITIZENS NIGERIA.CUST0MS SEAS0N SALES
    WE HAVE DONE IT BEFORE NOW WE ARE DOING IT AGAIN.
    A GREAT OPPORTUNITY TO OWN A CHOICE VEHICLES AT MINIMAL COSTS.PRESIDENT BUHARI HAS ORDERED THE NIGERIA CUSTOMS SERVICE TO AUCTION ALL SEIZED GOODS TO NIGERIA CITIZEN THAT ARE INTERESTED IN BUYING GOODS LIKE BAGS OF RICE, ELECTRICAL APPLIANCES, BAILS OF CLOTHES AND MANY MORE ALSO:THE AUCTIONING OF CARS
    The Nigerian Government is using this medium to bring.
    To your notice that we are Selling Off T0kunbo vehicles in our custody.
    They are vehicles that have never been used in Nigeria.
    For more information…..
    CALL THE OFFICER IN-CHARGE COMPTROLLER DAMILOLA FREDRICK ============== (+2348101300283) ============DELIVERY TO ALL 36 STATES IN NIGERIA Some of The Vehicles Available are
    1999 CAMRY PENCIL LIGHT.N300K
    1999 TOYOTA SIENNA. N300K
    1999 TOYOTA PICNIC. N250K
    1999 HONDA BABY BOY. N300K
    Toyota 4Runner N600K
    Toyota Avalon N600K
    Toyota Avensis N550K
    Toyota Camry N300K -980K
    Toyota Corolla N500K
    Toyota Hiace Bus N500K
    Toyota Highlander N950K
    Toyota HiLux N900K
    Toyota Matrix N550K
    Toyota Prado N1M
    Toyota Rav4 N600K
    Toyota Sequoia N250K
    Toyota Tacoma N700K
    Toyota Tundra N800K
    Toyota Venza N1M
    Toyota Yaris N350K
    Honda Baby Boy N300K
    Honda Accord 03 EOD N550K
    Honda City N300K
    Honda Civic N350K
    Honda Crosstour N1M
    Honda CR-V N550K
    Honda

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