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NSITF raises N180 billion from employers’ enrollment in 10 years

The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Michael Akabogu, has revealed that the agency has raised N180 billion from employers’ enrollment from July 2011-May 30, 2021. He also said that plans were afoot to plug revenue leakages, even as he warned the public to be wary of fraudsters masquerading as agents of NSITF. At an interactive session with Finance Journalists in Abuja on Thursday, Akabogu also stated that the scheme has registered almost 200,000 employers. Out of this number, 170,000 employers are actively involved in the scheme by making their contributions steadfastly. He added: “We have collected both from the private sector who have contributed about 80% of the total revenue and we have collected from the government and all other agencies, so we...

Mass defection: House member asks PDP national chairman to resign

Rep Rimamnde Shawulu (PDP-Taraba), has urged the National Chairman of the Peoples Democratic Party (PDP), Mr Uche Secondus, to resign following mass defection from the party to the All Progressives Congress (APC). Shawulu said this a letter addressed to the chairman and made available to newsmen in Abuja on Wednesday. He decried the rate at which the party was losing members to the ruling APC in recent times. Shawulu also urged members of the National Working Committee (NWC) of the party to resign. “Today, unexpectedly, four members of the House of Representatives from Zamfara defected from the PDP to APC,” he said. He said unlike before, when leaders of the party at the House usually put up a form of protest, not a whisper was heard or a hand raised in protest against the defection. “Dear...

NEMA: Why we held simulated terror attack on Abuja stadium

The National Emergency Management Agency says the simulated terrorists attack on the Moshood Abiola National stadium, Abuja is to prepare relevant agencies for coordinated emergency response. The News Agency of Nigeria reports that the exercise held on Wednesday. Mustapha Ahmed, the Director-General of NEMA said this in an interview with newsmen at the event organised by the Office of the National Security Adviser (NSA) with planning and assistance from the U.S. and UK. NAN reports that the exercise code named “Idahun Kankan’’ Yoruba words meaning (Quick Response) saw a simulated bomb attack and marauding gunfire in the stadium while a match was going on. The simulated attacks left many spectators feigned maimed, wounded and others scampering for safety and escape. Following notification, ...

NNPC commits to ensuring energy sufficiency, wealth creation for Nigerians

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and Gas Conference and Exhibition (NOG 2021) on Tuesday in Abuja. Speaking on the topic: “Vision and Priorities for Nigeria’s Energy Transformation,” Mallam Kyari stated that for a nation with a teeming youth and a developing economy, Nigeria needed the right policies to unlock its huge economic potential, stressing that NNPC was working towards bridging the energy gap to multiply wealth for its varied stakeholders. “We see a nation that m...

Minister: Why Nigerian government insists on removing petrol subsidy

The Minister of State for Budget and National Planning, Clem Agba, on Tuesday, reiterated the need to deregulate the downstream petroleum through the removal of subsidy on Premium Motor Spirit. According to him, only the wealthy were currently benefiting from the subsidy. The minister spoke during the leadership and governors’ discourse on open government partnership held in Abuja, on Tuesday. He said, “Some will say if you take out fuel subsidies the ordinary man will suffer, how will the ordinary man suffer? Is it in terms of food? Vehicles that are used for moving food are heavy-duty vehicles. And they don’t use PMS, they use diesel and that has since been deregulated. Those that we are actually subsidising are the very rich. “Those who drive the Rolls Royce, the Lamborghinis and other ...

Yobe governor: No plan to retrench workers

Gov. Mai Mala-Buni of Yobe on Tuesday said his administration has no plan to retrench civil servants in spite of the state’s meagre resources. Mala-Buni gave the assurance in Damaturu on the sidelines of the swearing-in ceremony of newly appointed permanent secretaries and board members. He said he would continue to attract investments to Yobe from both state and non-state actors in order to meet the financial obligations of the state. “People accuse me of frequenting Abuja; the truth is, if I remain in Damaturu, we cannot pay even our salary bills. “And that means we will have to join the league of states that are retrenching workers; we don’t have such plan. “You are aware of the projects we started, including the four modern markets we are building, the ongoing 3,600 houses, the over 87...

Troops kill 11 Boko Haram terrorists in Borno

The Nigerian Army has said its troops have killed 11 terrorists in separate operations in Borno State over the last three days. It said troops attached to the 82 Division Task Force Battalion, while on patrol in the Ngoshe-Ashigashiya area, neutralised five suspected Boko Haram members during a gun duel. The Director of Army Public Relations, Onyema Nwachukwu, said this in a statement titled, ‘Operation Hadin Kai: Troops on trail of terrorists recover arms and ammunition, truck of petroleum oil and lubricant’, dated July 4, in Abuja, on Monday. The statement read in part, “Troops of 82 Division Task Force Battalion on patrol along Ngoshe-Ashigashiya, about 12km from the unit’s location, have made contact with elements of Boko Haram terrorists at Daushe. “The troops, who fiercely engaged an...

APGA: Electronic transmission of results will check rigging

The All Progressive Grand Alliance (APGA) has said that the party is in support of the inclusion of electronic transmission of election results in the Electoral Act (amendment) Bill. National Chairman of the party, Chief Victor Oye, said that electronic collation of results will eliminate election to a great extent. Oye who spoke to newsmen in Abuja on Monday said that the party supports the inclusion of the provision for electronic voting and results transmission hundred percent. He said that allowing electronic transmission of results will check the usual manipulation and hijack of election results sheets in transit by political thugs. “Since we are accepting electronic voting, we will also do electronic collation of results. It will help to curb election malpractice and rigging. I think...

Nigerian government set to tackle oil, gas infrastructure vandalism with skills acquisition

The Federal Government has expressed plans to create a reorientation programme aimed at engaging the youth in skills acquisition to address oil and gas infrastructure vandalism. The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, stated this at a Town Hall Meeting on “Protecting Oil and Gas Infrastructure” on Monday in Abuja. Newsmen report that the town hall meeting was organised by the Federal Ministry of Information and Culture. Akpabio said that the programme would be targeted at the pupils and students of primary and secondary school across the nine states in Niger Delta. He explained that the Federal Government was currently meeting with stakeholders, traditional rulers, youth groups and all others from one state to the other. “We are setting up skills acquisition centres, we...

Senator Lawan: Senate to pass electoral act amendment bill in two weeks

President of the Senate, Ahmad Lawan, says the National Assembly is working towards passing the Electoral Act Amendment Bill in the next two weeks. Lawan said this at the inauguration of Mr Abimbola Yusuf, as Chief Commissioner of the Public Complaints Commission (PCC) and 37 other Commissioners from the 36 states and the Federal Capital Territory (FCT) on Monday in Abuja. He has urged Nigerians who were not comfortable with certain clauses in the ongoing amendment, to take their complaints to their representatives, for consideration before the passage of bill. “The national assembly is embarking on the amendment of the Electoral Act probably by next week or within the next two weeks. “It is very important that those who feel very strongly about any amendment that they think should be effe...

NiDCOM, Swiss embassy partner on diaspora re-integration

The Nigerians in the Diaspora Commission (NiDCOM) has called for close collaboration with the Swiss Embassy for diaspora re-integration. The chairman of NiDCOM, Hon. Abike Dabiri-Erewa, made the call in a statement by Gabriel Odu, Media, Public Relations and Protocols Officer of the commission in Abuja on Monday. Dabiri-Erewa was speaking with the Switzerland Ambassador to Nigeria, Ambassador Georg Steiner, at an interactive session on Diaspora Reintegration, Diaspora Data Mapping and Capacity Building. She said that with the establishment of NiDCOM and ratification of the National Diaspora Policy by the Federal Executive Council, Nigerians in the Diaspora now had a one-stop agency to latch on for mutually beneficial engagement, encouragement and enablement for overall national development...

Provost advocates national confab on education

Provost of the Federal College of Education (Technical), Isu, Ebonyi state, Prof Ruben Okey Okechukwu, has advocated an education conference in the country to discuss the way out of the many challenges confronting Nigeria’s education system. According to the professor, the report of the conference will help in addressing the many challenges that have bedeviled the nation’s education system. He noted that a similar conference convoked immediately after the civil war in 1970 had developed education immensely which led to the introduction of the universal primary education. On the ravaging insecurity plaguing some parts of the North, leading to kidnapping of students in exchange for ransom, he urged government to urgently arrest the ugly trend. Okechukwu, who spoke in Abuja after he was confe...