Pension

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 a hashtag, #BuhariPension was created. In its reaction to the ‘Trending Topic’, the special assistant to the president on media and publicity, Mallam Garba Shehu... Read More

Buhari, Garba Shehu, Pension, Presidency, twitter.

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 statement released on Tuesday. See the pictures below.

Abuja, army, Military, nigeria, old, Pension, service

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 for a long time to come. In fact, it has haunted me to this very day. Sprawling on the tarmac in front of the secretariat... Read More

chidi, commission, duru, Fraud, money, nigeria, opinion, Pension

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 of greed and ego on the part of the senators. The President of the NLC, Ayuba Wabba, in a statement on Tuesday, said those behind... Read More

Ekweremadu, immunity, Labour, mail, nlc, Pension, Saraki, senate

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 Assembly. Life pension and immunity for principal officers of the Assembly were suggested by some lawmakers at a recent retreat on constitution review organised by... Read More

Featured, The News Blog

Buhari, corruption, Dogara, immunity, lawmakers, Pension, sagay, Saraki, selfish

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 regulate, supervise and ensure the effective administration of pension matters. Before then, pension schemes in the country were bedeviled by many problems, including the fact... Read More

impunity, National Pension Commission, nigeria, PenCom, Pension, pension reform act

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 over by Justice Baba Yusuf with Rotimi Jacobs, the prosecution lawyer bringing in the fourth withness, Mustapha Gadanya in evidence. Gadanya, who formerly worked for... Read More

corruption, law, Pension, police

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

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 identified and removed from the pension payroll. Spokesperson to the Governor, Samuel Aruwan, said on Tuesday, that the state executive council has ordered investigations to... Read More

el rufai, Kaduna State, Pension

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 lead a campaign to repeal the pension laws for governors enacted by many states in the country. Majority of the nation’s 36 state Houses of... Read More

APC, APC legislators defect to PDP, entitlements, governors, Imo, Muhammadu Buhari, Owerri, Pension, pension laws

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 over his inability to present his 1950 job appointment letter. “Nobody gave me any reason for stopping my pension,” “I just noticed that I didn’t get... Read More

Pension, pensioneers in Nigeria

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 shares this unique situation with a few other people that enlisted in the civil service in the same year she did and as a part... Read More

@deboadejugbe, Debo Adejugbe, Ekiti State, gratuity, Pension, Stomach infrastructure, Y! Politico

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 these governors, it is not that they are interested in making laws for the good governance of the country, it is just that they must... Read More

governors, nigerian senate, Olusegun Adeniyi, opinion, Pension, ynaija

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 into “retirement” If I were a former governor, I would be cursing Governor Godswill Akpabio of Akwa Ibom State by now. He has inadvertently revealed... Read More

deputy governors, Godswill Akpabio, governors, opinion, Pension, simon kolawole, ynaija

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 the Akwa Ibom governor follows suit albeit with a lower figure, we see immediately that it is not a partisan thing, but a mindset that... Read More

Akwa Ibom, almajiri schools, corruption, lagos, opinion, Pension, senator ex-governor, Tunde Leye, ytnaija

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, is as callous, greedy, self-serving or dangerous as Akpabio’s. Akwa Ibom (AI) State Governor, Mr. Godswill Akpabio, plans to be a Senator by this time... Read More

Governor Godswill Akpabio, ikwa ibom state, opinion, Pension, poster-boy, rob, sonala olumehnse, ynaija

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 the foundations of a 21st century hospital. Swaziland’s King Mswati III, Africa’s last absolute monarch is often cited as the most wasteful leader of... Read More

Abimbola Adelakun, akpabio, Akwa Ibom State, greed, opinion, Pension, Swaziland, ynaija

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 transcends giving money to people or buying cars for persons who have no means of maintaining such cars afterwards Godswill Obot Akpabio(the third democratically elected... Read More

Akwa Ibom, bill, enenim ubon, Governor Godswill Akpabio, opinion, Pension, transformer, ynaija

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 has the pension fund suddenly become the easiest money to steal? WITH the virtual collapse of the African welfare system, it was thought that the... Read More

Comfort, dead, governments, Josef Omorotionwan, national assembly, opinion, Pension, reforms, ynaija

“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 of naira daily. Case in point, our report from March 27: Court vacates arrest warrant against sacked pension thief, Maina. Well, a Ogwashi-Uku High Court... Read More

armed robbery, maina, ogwashi-ukwu, Pension, student jail

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 yesterday that about N1, 141, 309, 080.25 has been traced to a chief accountant in the Police Pension Office, Mrs. Uzoma Cyril Attang. The fraud... Read More

Accountant, cash, EFCC, Pension, woman

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. Justice Adamu Bello, in his one hour judgment held that the arrest warrant issued did not comply with section 88 of the 1999 constitution as... Read More

Abdulrasheed Maina, Adamu Bello, Pension, PRTT

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. Maina apparently sensed a clampdown following the Senate’s issue of an arrest warrant against him and the decision of the Presidency to punish him for... Read More

Abdulrasheed Maina, Frank Mba, Pension, police, saudi arabia, senate

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. Abdulrasheed Maina, for absconding from official duty without official leave. A statement signed by the Special Adviser to the President on Media and Publicity, Dr... Read More

Abdulrasheed Maina, Goodluck Jonathan, Pension, reuben abati

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 been provided by the parties. A judge can only convict on the strength of the case and nothing more. I have read with interest the... Read More

Abubakar Talba, Pension, Yakubu Yusuf

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? A few years ago, it was common sight to see aged pensioners struggling – and often dying – in the process of obtaining what was... Read More

Bismarck, Kennedy, nigeria, Pension, Pension Reform

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 of fresh obstacles to successful negotiations. Essentially, the House of Representatives Committee on Power is not in favour of giving a special treatment to the... Read More

Pension, PHCN, Power

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 leak of personal data of more than 60 past and current employees of Nigeria’s State Security Service remained easily accessible on the Internet for days... Read More

boko haram, Internet, leaked, Marilyn Ogar, Militants, nigeria, Pension, sss, state security service, terrorism

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 Employees (NUEE) regarding the payment of gratuities and pensions to staff of Power Holding Company (PHCN). The president of the SSAEAC had accused the government... Read More

Barth Nnaji, Ministry of Power, Pension, PHCN

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, to take possession of all assets of the six people who allegedly defrauded the Police Pension Office of to the tune of N32.8 billion. The... Read More

Abuja, Economic and Financial Crimes Commission, EFCC, FCT, Pension, police, scam

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