‘Workers, retirees must be updated on pension’

Trustfund Pension Fund Administrator has said that  continuous engagement of workers and retires under the new Contributory Pension Scheme (CPS) is essential for the overall success of the pension reforms in Nigeria.

The Pension Reform Act 2004 was the institutional basis for pension in both private and public sectors of the country.

Prior to the reform, the Defined Benefits Scheme was overwhelmed with huge pension liabilities from inadequate budgetary provision by government, which did not take into cognisance increases in salary and pension and resulted in delay of pension payments and death benefits of retirees.

Regional manager of Trustfund Pension, Obiora Ozoekwem, speaking at the company’s pre-retirees and retirees forum in Lagos last Thursday, said that the young industry needs regular engagement with retirees to bridge the knowledge gap and increase penetration of the pension scheme in the country.

“This industry is very young, barely 10 years, and modifications are…

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2019 elections: Obasanjo tasks Nigerian women on active participation

Former President Olusegun Obasanjo has charged women to get actively involved in the 2019 elections to take up more position of power at all levels of government.

Speaking at the 14th annual lecture of Women in Management, Business and Public Service (WIMBIZ), in Lagos recently, the former President said  women must strive to have a place of honour in the 2019 general election.

He said, “Women, as a majority, must be reckoned with. They need to be participants in decision-making positions. It all starts by commencing mobilisation through our children and youths.

“Through the Coalition for Nigeria Women Movement, I believe women have found a place of honour, where a political party may emanate from, that will enable women have 30 per cent in politics and youths 40 per cent.”

Obasanjo blamed the marginalisation of women in politics to the selfishness of some men who wish to keep women under them.

Although men in politics have always been an impediment to women, Obasanjo…

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FG Confirms Ceasefire Talks With Boko Haram

  • Calls for PDP’s deregistration, revises figures on Dapchi abductees

  • Girls reunite with their families, wait for Leah Sharibu continues

By Tobi Soniyi in Lagos, Paul Obi in Abuja and Michael Olugbode in Dapchi with agency report    

The federal government has disclosed that it is in talks with the Islamist terror group, Boko Haram, on a possible ceasefire, with the ultimate aim of securing a permanent cessation of hostilities.

This is the first time in years the government has said it is talking to Boko Haram about a ceasefire in an insurgency that has killed tens of thousands of people and ravaged the North-east of Africa’s biggest economy.

President Muhammadu Buhari’s government has, however, repeatedly said it was willing to hold talks with the terrorists.

The talks on a ceasefire was disclosed by the Minister of Information and Culture, Lai Mohammed in an email to Reuters, outlining the background to the release of more than 104 schoolgirls…

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PENGASSAN urges FG to recruit more security personnel

Bimbola Oyesola, 08033246177

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to commence immediate recruitment of more people into the security services in the country, especially the Nigeria Police Force and the Nigerian Army, to curb crime.

The senior staff union also demanded that the Nigerian Army and the police should reduce the number of operatives attached to politicians and influential people, to boost the number of those at their operational areas.

In a communiqué issued after its national executive council meeting in Warri, Delta State, on Friday, signed by the president, Comrade Francis Olabode Johnson, and the general secretary, Comrade Lumumba Okugbawa, PENGASSAN said that the security agencies were already over-burdened.

“The NEC-in-session observes the inadequacy in the number of security agents, especially the army and police, who are already over-stretched in maintaining security and peace in…

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Military rule unacceptable – Labour

Organised labour yesterday warned that Nigerians would not accept military rule, as being canvassed by some people in the country.

Alarmed by some subtle hints from some quarters that the military can still intervene in the politics of the country, organised labour, under the auspices of the Association of Senior Civil Servants of Nigeria (ASCSN), cautioned those mooting the idea to desist forthwith so as not to throw Nigeria into anarchy.

‎The ASCSN, in a statement jointly signed by the national president, Bobboi Bala Kaigama, and the secretary-general, Alade Bashir Lawal, posited that any takeover of government by the military again would take the country 50 years backward.

The ASCSN statement came on the heels of reports credited to Deputy Senate President Ike Ekwueremadu, during a debate on the floor of the Senate, in respect of the political killings in parts of the country in which he allegedly stated, “who says that the army cannot take over in Nigeria. It is…

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Why Court Quashed EFCC’s ‘Wanted’ Declaration on Benedict Peters

By Alexander Enumah in Abuja    

More facts have come to light as to why a High Court sitting in the Federal Capital Territory (FCT), Abuja, quashed the declaration of the Executive Vice Chairman of Aiteo Group, Benedict Peters, as “wanted” by the Economic and Financial Crimes Commission (EFCC).

The EFCC had in March last year declared Peters wanted in connection with criminal conspiracy, diversion of funds and money laundering.

But in a judgment last Thursday, Justice Oathman Musa held that the anti-graft agency has no power to declare Peters or anyone “wanted” without a court order.

This was in response to suit number FCT/HC/CV/23/2017 filed by Peters, accusing the EFCC of declaring him wanted on its website without following due process.

In his ruling, the judge said: “Peters has never been charged with, nor tried for any criminal offence in any court of law, nor has he ever jumped bail for any offence howsoever in Nigeria and cannot be declared wanted by…

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Christians mark Palm Sunday with processions

Several churches with their congregation stepped out on the streets of Lagos on Sunday, to celebrate Palm Sunday, which usually occurs a week before Easter celebrations.

The News Agency of Nigeria reports that church members were seen in processions in parts of the state, waving palm fronds and singing.

At Jubilee Christian Centre, a parish of the Redeemed Christian Church of God (RCCG), located in Surulere, chidren, in celebrating, paraded the streets of Aguda with palm fronds, with one of them sitting on a donkey.

Mr David Olorunishola, a pastor in the church, said: This is mainly about the grand entryof Jesus into Jerusalem, but sometimes some people relate it to the position of God in our lives.

“Many people go round with palm fronds today because palm fronds were used when Jesus was entering Jerusalem.

“It is usually celebrated in remembrance of what Jesus did, but spiritually speaking, it can be likened with the grand entrance of Jesus into the life of a person,” he…

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