Savings, pensions critical to national development – Uduanu
The Managing Director, Sigma Pensions, Mr. Dave Uduanu, has said that short-term and long-term savings are vital to the development of any nation.
SESSPN seeks stoppage pensions for former presidents, governors
Edo State chapter of the South-South and South East Professionals of Nigeria (SESSPN) has canvassed the abolition of pensions for former presidents, vice presidents, governors and their deputies due to the present economic realities in the country.
How Uzodinma saved N1b from salaries, pensions in three months, by Commissioner
The Imo State government has disclosed that it has saved about N1 billion by blocking leakages in the payment of workers’ salaries and pensions since Governor Hope Uzodinma assumed office on January 15
Senate alleges non-remittance of customs staff members’ pensions
For allegedly failing to remit the five per cent of staff wage to the Nigerian Pension Commission (PENCOM) in the past five years, the Senate Committee on Public Accounts yesterday queried the Comptroller-General of Nigeria Customs Service (NCS)
Youths urge state legislatures to abolish pensions for governors, deputies
Yoruba Youth Socio-cultural Association (YYSA) worldwide has called on the Houses of Assembly in no fewer than 23 states across the country where former governors and their deputies receive hundreds of millions annually as pensions to abolish the law.
Abia pensioners hold prayer summit over outstanding arrears
Abia State pensioners yesterday commenced a two-day prayer summit to ask God to cause payment of their pensions arrears that have accumulated from 2014 to date.
SERAP wants ex-govs, others to stop collecting pensions
A group, Socio-Economic Rights and Accountability Project (SERAP), has urged all former governors now in the 9th Senate to stop collecting pensions from their states while they serve as senators. It also urged them to return ‘pensions’ already collected to the public treasury and push for the abolition of double emoluments laws for former governors…
Niger Government release N800m for payment of pensions, gratuities
The Niger Government has released a total of N800 million for the payment of pensions and gratuities in the state. Gov. Abubakar Bello disclosed this during an interactive session with members of the Nigeria Labour Congress (NLC) in Minna on Monday. He said that N500 million was released to the state Pensions Board in February…
Industry in panic mode as NAICOM takes ‘unilateral decision’ on TBMSC
The sudden change in the transition timetable of the Tier-Based Minimum Solvency Capital (TBMSC) regime to October 1, 2018, by the National Insurance Commission (NAICOM) has unsettled insurance sector players, as they lament the lack of consultations before the decision. NAICOM had earlier put the deadline for the implementation of this exercise at January 1,…