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View all- Faniran SOlaniyan K(2009)e-governance diffusion in NigeriaProceedings of the 3rd international conference on Theory and practice of electronic governance10.1145/1693042.1693072(145-149)Online publication date: 10-Nov-2009
Promoting e-governance through public-private partnership: a study of Nigeria's pension administration
Pages 301 - 304
Abstract
This study examines the workings of the newly established ICT-based pension system for federal civil servants in Nigeria as a model in public service delivery and finds that the ICT-based system has eliminated resource wastages, fraud, corruption, rent-seeking and even loss of life associated with the previous system. It also provides opportunities for the private sector, especially banks and investment houses, by creating wholly new financial services providers- Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), with attendant growth in that industry and multiplier effects on the larger economy. The study concludes by suggesting new areas of innovation among service providers and variables which are amenable to manipulation by regulators to increase efficiency in the administration of pensions and ensure that the large army of current and prospective retirees enjoy - rather than endure- life in retirement.
References
[1]
Ahmad, M. K. The Contributory Pension Scheme. A paper submitted for the Second Quarter 2006 Edition of the Bullion Journal of the Central Bank of Nigeria, Abuja: National Pension Commission, 2006
[2]
Barrow, G. Pension Fund Administration in Nigeria, Pen and Pages Limited Abuja, (forthcoming)
[3]
Hanna, N. "Why ICT Matters for Growth and Poverty Reduction", Development Gateway Foundation, ICT for Development 3 (April 2003), http://www.developmentgateway.org/node/13383/sdm/blob?pid=4037
[4]
Moon, M. J, Welch, E. W and Wong, W., What Drives Global E-governance? An Exploratory Study at a Macro Level, In Proceedings of the 38th Hawaii International Conference on System Sciences.
[5]
National Pension Commission, Frequently Asked Questions and their Answers on the Contributory Pension Scheme in Nigeria. Abuja. 2005
[6]
National Pension Commission, Pension Reform Act, Abuja, 2004.
[7]
Subhash B. e-Government in the Asia-Pacific Region: An Assessment of Issues and Strategies. Indian Institute of Management, Ahmedabad.
Index Terms
- Promoting e-governance through public-private partnership: a study of Nigeria's pension administration
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December 2007
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Published: 10 December 2007
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ICEGOV '07
ICEGOV '07: International conference on theory and practice in electronic governance
December 10 - 13, 2007
Macao, China
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ICEGOV '07 Paper Acceptance Rate 33 of 130 submissions, 25%;
Overall Acceptance Rate 350 of 865 submissions, 40%
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View all- Faniran SOlaniyan K(2009)e-governance diffusion in NigeriaProceedings of the 3rd international conference on Theory and practice of electronic governance10.1145/1693042.1693072(145-149)Online publication date: 10-Nov-2009
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