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Saturday, January 25, 2020

Pension

Court orders FG to recover pensions collected by former governors serving as ministers, NASS members

  The Federal High Court sitting in Lagos in a landmark judgment, has ordered the federal government to recover pensions collected by former governors, now serving as ministers and members of the National Assembly. The court also directed the Attorney General...

Zamfara: No more pension for ex-governors, others, as assembly nullifies law granting payment

  The Zamfara State House of Assembly, on Tuesday repealed the law which enabled the payment of pension and other allowances to former governors of the state, deputy governors, Speakers and other political office holders in the state. This development comes after...

Maina pleads innocence, remanded  

  Abdulrasheed Maina, former chairman of Pension Reform Task Team, has been remanded in Abuja Correctional Centre (prison) on the orders of a Federal High Court in the FCT.   Justice Okon Abang gave the ruling on Friday following an application by...

Ihedioha Reiterates Commitment to Pensions Payment

Imo State Governor, Emeka Ihedioha, has reiterated the commitment of his administration to payment of pensions in the state, even as he pledged to entrench transparency and accountability in governance. The governor stated this on Wednesday, while delivering a goodwill...

Pension fund not for budget deficits – Oshiomhole 

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole on Wednesday that monies from staff pension deductions are not meant to be used for budget deficit by the Federal and State governments. " It is meant to address...

Stanbic IBTC Pension Managers Ltd pays over N279 billion to retirees

Stanbic IBTC Pension Managers Limited has paid over N279 billion to retirees since its inception in 2006, according to Mr. Eric Fajemisin, Chief Executive of Stanbic IBTC Pension Managers Limited in a chat. “We believe that every able-bodied Nigerian who earns...

Group of ex-Biafra police officers goes wild with joy after receiving pension payments

Jubilation greeted the South-East and South-South states last Friday after ex-Biafra Police officers started receiving alerts for their pensions 17 years after former President Olusegun Obasanjo granted them amnesty. President Muhammadu Buhari had on Wednesday approved the payment of pensions...
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Invest more in issues relating to malnutrition, NEC urges state, local governments

  The National Economic Council (NEC), has appealed to States and Local Governments to invest more in issues relating to...
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Man, 37, faces trial in court for noise-making at police station

A 37-year-old businessman, Lawrence Atikekeresola, got more than what he bargained for allegedly making a noise at a police station in Lagos. He is facing...

Lagos boy plunges into death-well to retrieve phone

    Love of prized possession more than one's life consumed a 26-year-old Lagos boy, who took a dive into a "death-well" to retrieve his phone. The...

Faulty Power Lines: TCN to Acquire Helicopters 

  For fault detection on its transmission line network across the country,  the Transmission Company of Nigeria (TCN) says it plans to acquire a fleet...

‘Nobody likes him’: Hillary Clinton reignites feud with Bernie

  Former U.S First Lady Hillary Clinton said in a forthcoming documentary that nobody likes Bernie Sanders her rival for the 2016 Democratic presidential nomination. “He was...