The Federal Government’s N50bn investment in the Nigerian Maritime Administration and Safety Agency’s (NIMASA) modular floating dock has come under scrutiny,... The National Pension Commission (PenCom) said state governments must contribute to the N400bn Pension Protection Fund before their retirees can benefit from the newly introduced N52,500 minimum monthly pension. PenCom Director-General, Omolola Oloworaran, disclosed this while providing details of the Presidential Pension Security Initiative in Abuja.