Firms making contributions to the National Social Security Fund (NSSF) have dropped for the first time since the Covid-19 pandemic, pointing to company dissolutions in an economy ravaged by a tough operating environment.
Fresh disclosures from the State-controlled pension fund indicate that 540 employers dropped off the list of contributors during the year ended last June, marking a first drop from the 1,131 who exited the scheme at the height of Covid in 2020.
