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Delta governor: We inherited N100 billion unpaid pension under compulsory pension scheme

Gov. Ifeanyi Okowa of Delta on Sunday said his administration inherited about N100 billion unpaid pensions under the Contributory Pension Scheme (CPS). Okowa disclosed this at the third session of the 8th Synod of the Church of Nigeria (Anglican Communion), Ughelli Diocese. The session was held at Bishop Agori-Iwe Memorial Church, Ughelli. Okowa said that the financial burden forced 18 state governments out of 26 that enlisted on the scheme to withdraw, leaving only eight state governments, including Delta, in the Programme. The governor explained that the major challenge which forced the states to withdraw and others not to enrol in the scheme, was the huge backlog running into billions of naira. He said that his administration was up-to-date with payment of pensioners in the old scheme. ...

PTAD: Implementation of pension adjustment in progress

Dr Chioma Ejikeme, Executive Secretary of Pension Transitional Arrangement Directorate (PTAD), says implementation of the pension adjustment is in progress. Ejikeme in a statement on Thursday in Abuja through Mr Gbenga Ajayi, PTAD’s Head of Corporate Communications, noted that the implementation was most likely to commence at the end of April, going by the submissions that had been made by all stakeholders. “Ejikeme held a meeting with the National Executives of the Nigeria Union of Pensioners (NUP) led by Dr Abel Afolayan on March 16, where the issue of the implementation of the pension adjustment was openly discussed. “The union gave their understanding at the meeting, the executive secretary told the union that the implementation is most likely to commence at the end of April, going by ...

Payroll fraud: Gombe approves N1.49 billion for biometric system installation

The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service. Muhammad Magaji, the state’s Commissioner of Finance and Economic Development, stated this, on Wednesday, while addressing newsmen after the 12th State’s Executive Council meeting. Magaji said the initiative tagged “Gombe state Integrated Payroll Payment Gateway and Human Resource Management Information System’’ would help to reduce, if not eliminate, payroll fraud. According to him, when installed, the system would increase transparency in the payment of salaries and pensions, as well as effectively manage the state’s human resource capacities at both state and local government levels. He stated that the initi...

Ogun pensioners protest, demand immediate payment of gratuities

Pensioners in Ogun State on Tuesday demanded immediate payment of gratuities of State and Local Government retirees from 2014 and 2011 to date. Newsmen learnt that the state government pensioners are owed from 2014 while local government pensioners are owed from 2011. The pensioners who protested around Abiola Way in Abeokuta, carried placards with inscriptions such as “Repeal the obnoxious pension bill now”, ”Mr Governor, please don’t deprive us our legitimate pension and gratuities”. Others are “Severance to politicians are paid at exit”, ”Pay our gratuities now” among others. Addressing journalists after the protest, Mr Waheed Oloyede, Chairman, Nigeria Union of Pensioners, in the state, said that the proposal by government to release every quarter, the sum of N500 million from January ...