PenCoN demands recognition, alleges improprieties

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Pensioners of Chevron of Nigeria, PenCoN have demanded proper recognition from the management of Chevron Nigeria Closed Pension Funds Administrator, CNCPFA, in the administration of affairs of pensioners and retirees of the company.

The letter signed by Evans Ufeli noted that since its registration last year, and several letters intimating CNCPFA of the development, the funds administrator have refused to heed the demands that PenCoN officials and its members be carried along in the affairs of pensioners and retirees of Chevron Nigeria.

The letter reads: ” It is an irrefutable fact that our client has not been duly carried along in the dealings of its affairs as stakeholders, which is clearly a gross violation of the extant laws on employment and pension in Nigeria. “In the case under reference, your body by its poignant action, has inadvertently fostered an atmosphere of differences, stimulated by its preference to deal with CRAN at the expense of our client, thereby flaring the embers of hostility, leaving a bitter taste in the mouth of concerned and affected Nigerian citizens, who all gave a better part of their youth and adult lives serving your organisation meritoriously.

 

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