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Tag: Pension

Oludolapo Adelana August 17, 2016

#BuhariPension: Presidency says Buhari doesn’t receive pensions

The presidency has reacted to news making the rounds that President Buhari is still receiving pension as a sitting president. The social media went berserk on Wednesday with the news and…

Adebayo Emuleomo July 13, 2016

Former military officers protest non-payment of pensions (PHOTOS)

Former military officers in Abuja on Wednesday, protested the failure of the military to pay the pension accrued to them. The military had earlier denied owing the pensioners in a…

Op-Ed Editor June 23, 2016

Opinion: Before we lose the gains in the pension industry | A look into PenCom and Chidi Duru

Written by Chidi Okoye So once, I was in transit, going past the secretariat of a certain state government when lo and behold, I spotted something that was to haunt me…

Adebayo Emuleomo June 22, 2016

Life pension, immunity: ‘Senate’s agenda born out of greed and ego’

The Nigeria Labour Congress (NLC) has reacted to the proposed life pension and immunity for the principal officers of the National Assembly. The NLC described the proposal as a product…

Adebayo Emuleomo June 20, 2016

Life pension, immunity: ‘Senators don’t fear Nigerians’ – Itse Sagay

Itse Sagay, Chairman of the Presidential Advisory Committee Against Corruption, has advised President Muhammadu Buhari to ignore any bill on life pension and immunity for the principal officers of the National…

Op-Ed Editor June 13, 2016

Opinion: As impunity thrives in PenCom

by Ikechukwu Amaechi The Pension Reform Act (PRA), which established the National Pension Commission (PenCom), was enacted by the National Assembly (NASS) in 2004 to create a body that would…

Adebayo Emuleomo February 11, 2016

Police pension scam: How withdrawals were made without vouchers

The trial of the accused persons involved in the N24 billion police pension scam continued on Tuesday, Febraury 10 at a Federal High Court in Abuja. The trial was presided…

El Rufai says those unhappy with his appointments can commit suicide | YNaija.com

Janeth J October 6, 2015

El-Rufai discovers N1.3 billion pension fraud in Kaduna state

The Kaduna State Governor, Nasir El-Rufai, has announced that it has uncovered a pension racket that costs the state N1.3 billion annually. In state government also confirmed that 2,484 ghost pensioners were…

Kolapo Olapoju April 15, 2015

We hear Buhari may scrap pensions for governors

by Kolapo Olapoju This is an awfully unpleasant news for governors who are enjoying a life-time of exorbitant pension payments. It is believed that President-elect, General Muhammadu Buhari (retd), may…

Sola January 10, 2015

This man was asked to tender his 1950 appointment letter to get pension (PICTURED)

by Anike Jacobs A 91-year-old pensioner, Pa Jacob Kehinde Babajide, whose pension came to an abrupt stop in August 2010 has narrated his sad experience. His payment was stopped for…

Op-Ed Editor October 28, 2014

@deboadejugbe: More thoughts on stomach infrastructure and 2015 (Y! Politico)

by Debo Adejugbe My mother, a woman who has toiled for the better part of 35 years in the civil service, will be retiring for good in few months. She…

Op-Ed Editor October 23, 2014

Segun Adeniyi: Is the Senate the new retirement home for Governors?

by Segun Adeniyi At the last count, no fewer than 13 governors whose second term in office expires next year are believed to be eyeing the Senate. For some of…

June 8, 2014

Simon Kolawole: Governors and their juicy pensions

by Simon Kolawole The first is that governors and their deputies are, without any questions, enjoying too much at our expense. To add insult to injury, they carry this enjoyment…

June 6, 2014

Tunde Leye: Senator ex-Governor and his pension

by Tunde Leye When the pension bill for a governor is within the range of 1.5 to 2 billion annually and that of the deputies are also in Lagos and…

June 1, 2014

Sonala Olumhense: No governor is as greedy as Governor Akpabio

by Sonala Olumhense To be fair, a few other states in Nigeria have similar laws, aimed at providing for former chief executives once they are out of office. None, however,…

May 29, 2014

Abimbola Adelakun: By the time Akpabio turns 70…

by Abimbola Adelakun The amount of money that would be paid to Akpabio and his deputy for the next 18 years as medical allowance alone, should be enough to lay…

May 28, 2014

Opinion: On Gov. Akpabio’s insensitive pension bill

by Enenim Ubon The ‘uncommon transformer’ and his supporters believe he has done a lot, but one area I know Akpabio has failed is Human Capital Development, which to me…

August 22, 2013

Opinion: Pension – Waiting for the dead man’s shoes

by Josef Omorotionwan All these sordid affairs have perhaps been consigned to history. But the rightful owners of the money are suffering and dying on the pension queue. But why…

April 25, 2013

“With a gun”: Student sentenced to death in Delta for stealing N2,000

by Hauwa Gambo Cue our collective outrage reaction to this kind of news when political and business leaders across the country are getting away with the (alleged) theft of millions…

April 10, 2013

Pension fund fraud: EFCC traces N1.1 billion money to female accountant’s account (PICTURED)

Police Pension Office official, six others to face trial today There seems to be no end to the Police Pension fund scandal. The Economic and Financial Crimes Commission (EFCC) said…

March 27, 2013

Just In: Court vacates arrest warrant against sacked pension boss, Maina

A federal high court sitting in Abuja Wednesday morning, vacated the arrest warrant issued by Nigerian Senate against the sacked chairman of the Pension Reform Task Team, PRTT, Abdulrasheed Maina.…

February 18, 2013

Fraud: Wanted pension fund boss, Abdulrasheed Maina flees the country (PICTURED)

by Akan Ido Abdulrasheed Maina, the Pension Reform Task Team (PRTT) Chairman who was accused of embezzling pension funds has reportedly left the country to escape prosecution by law enforcement agencies.…

February 16, 2013

Pension Fund: Jonathan orders HoS to discipline Abdulrasheed Maina

President Goodluck Jonathan has ordered the Head of Civil Service of the Federation to take immediate disciplinary action against the embattled Chairman of the Pension Reform Task Force team, Mr.…

February 1, 2013

Opinion: Yakubu Yusuf verdict – Justice Abubakar Talba is not guilty of anything

by Nana Nwachukwu Even if the judge was present at the transaction that resulted in the crime, he/she cannot attempt to give evidence or add material except that which has…

January 11, 2013

Nasir El-Rufai: Pension reforms: To be, or not to be?

by Nasir El-Rufai How do you enforce an act when there is no data on the number of private companies or informal businesses contributing to the GDP of the nation?…

October 27, 2012

TICKER: Reps reject 25%, insist on 7.5% pension for PHCN workers

As the Federal Government and labour representatives move to resume the deadlocked talks with workers of the Power Holding Company of Nigeria over their factitious pension fund, there are indications…

August 30, 2012

Boko Haram 2.0? Sect publishes personal details of SSS operatives (including the DG)

by Isi Esene The radical Islamic sect, Boko Haram, has published several names believed to be that of members of the State Security Service, the Associated Press reports exclusively. "The…

July 23, 2012

Ask your union leaders – Barth Nnaji tells PHCN workers where to go in search of pension funds

by Adeniyi Abdul Minister of Power Barth Nnaji yesterday responded to demands made by the Senior Staff Association of Electricity and Allied Companies (SSAEAC) and the National Union of Electricity…

July 17, 2012

N32b Pension scam: EFCC seize choice Abuja properties

by Isi Esene The Economic and Financial Crimes Commission (EFCC) has been granted an interim order from the Chief Judge of the Federal Capital Territory (FCT), Justice Lawal H. Gumi,…

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