The Chairman of the Senate Committee on Establishment and Public Service, Ibrahim Shekarau, has claimed that the federal government currently owes retirees over N400 billion in accrued pension.
Shekarau said this at the second annual National Assembly retreat with the Pension Funds Operators Association of Nigeria (PenOp) held in Uyo, Akwa-Ibom State late on Monday.
He said the committee would work with the federal government to offset all the arrears, “even if it would be the only achievement that the ninth National Assembly would be remembered for.
“Government owes the accrued pension funds of over N400 billion,” he said.
He said President Muhammadu Buhari “might not be aware of the huge debt” but pledged to make him address the situation. The committee has written a seriously worded letter to the Senate President, insisting that the Senate should take this up with Mr President to make sure this matter is addressed, otherwise it is one step forward, 10 steps backwards.” Shekarau said his committee would meet with key relevant government officials and agencies and pension operators.
He also decried the indebtedness of state and local governments to their retirees which he said is due to “lack of political will”. To address this, he said, “We will initiate appropriate amendments. This is very important; otherwise, the pensioners will be suffering.”In her address, the President of PenOp, Aderonke Adedeji, called for a working pension system to take the hand of corruption off pension funds.“So, it is evident that a well-functioning, transparent and efficient pension system is critical for all groups of Nigerians and our nation at large. A well-functioning pension industry will reduce the menace of corruption; because individuals will be assured that they have funds they can fall back on during their retirement years.
He also decried the indebtedness of state and local governments to their retirees which he said is due to “lack of political will”.
To address this, he said, “We will initiate appropriate amendments. This is very important; otherwise, the pensioners will be suffering.”
In her address, the President of PenOp, Aderonke Adedeji, called for a working pension system to take the hand of corruption off pension funds.
“So, it is evident that a well-functioning, transparent and efficient pension system is critical for all groups of Nigerians and our nation at large. A well-functioning pension industry will reduce the menace of corruption; because individuals will be assured that they have funds they can fall back on during their retirement years.
President Buhari reveals why he joined Politics
President Buhari finally reveals why he joined politics after his release from prison President Muhammadu Buhari has revealed why he joined partisan politics after he was released from prison over thirty years ago. He said he joined politics because of his integrity.
Will Smith and Martins Lawrence named Honorary police officers by Miami City Police Force
Hollywood actors, Will Smith and Martin Lawrence, ahead of the release of the new ‘Bad Boys for Life’ movie, were on Sunday honored by the Miami City Police Force for their outstanding contribution to the growth of the entertainment industry in Miami.
Smith has lived and worked in Miami for almost half a century, and the Bad Boys movie Franchise has always been shot in Miami, hence the Miami city police force thought it wise to celebrate and honor Will Smith and Martin Lawrence, and handed them ‘keys to the city’ plaque and Miami police force badges while also granting them honorary police officer titles, roles they both played in the Bad Boys film.
Smith took to Instagram to celebrate the achievement .
“Been rockin’ with Miami for over 25 years and today me and @martinlawrence got the keys to the city and were officially made honorary Miami Police officers!! Big thanx @francisxsuarez and @pitbull (happy BDay) for setting us up! #badboysforlife,” the 51-year-old actor shared on Instagram alongside a series of photos and videos of the two men receiving their keys.
In one of the videos, the official who presented Smith, 51, and Lawrence, 54, with the honor also announced that Jan. 12 would be celebrated as the “Bad Boys for Life” day in the city of Miami, which was met by cheers from the crowd.
Car wash operator kills neighbor over gate closure
A car wash operator, Sheriff Balogun, has been arrested for allegedly killing his neighbour, Peter Elebo, during a fight over the time to close the gate of their place of residence at No. 32 Ola Street, Itire, Lagos State.
The state Police Public Relations Officer, Bala Elkana, said in a statement on Sunday, that during the fight, Balogun pushed Elebo to the ground, adding that the latter started vomiting blood and died on the spot.
He stated that the deceased’s daughter, Faith, reported the incident at the Itire Police Division, where personnel were mobilised to arrest Balogun, adding that the case had been transferred to the State Criminal Investigation and Intelligence Department, Panti, Yaba, for further investigation.
He said, “On Saturday, January 11, 2020, around 7.20am, one Faith Elebo, of No. 32 Ola Street, reported at the Itire Police Station that around 1.30am, one Sheriff Balogun, 35, who lives in the same compound with them, had a fight with her father, Peter Elebo, about when to close the compound’s gate.
“Sherif Balogun pushed down Peter Elebo, who started vomiting blood and died on the spot. Homicide detectives led by the Itire Divisional Police Officer, SP Barkfur Kromkyes, visited the scene. The corpse of the deceased person was evacuated to the mortuary for autopsy. The suspect was arrested and transferred to the State Criminal Investigation and Intelligence Department, Yaba, for discreet investigation and prosecution.”
In another development, a mentally-ill man, Badejo Adewale, has allegedly set one Bolatito Kadara ablaze on Hogan Bassey Street, in the Surulere area of the state.
Elkana said the victim was taken to hospital for treatment, adding that Adewale was taken to a psychiatric hospital in Yaba and that efforts to interview him proved abortive as he did not utter a word.
He stated, “On Thursday, January 9, 2020, around 7.08am, one Adeola Kadara of No. 13 Aiyeleto Street, Surulere, reported at the Surulere Police Station that she received an information that on Wednesday, January 8, 2020, her brother, Bolatito Kadara, was set ablaze on Hogan Bassey Street, Surulere, and was taken to the Lagos Island General Hospital. Police detectives visited the scene and proceeded to the Lagos Island General Hospital, where the victim was seen recuperating.
“He made a statement to the police and narrated how one Badejo Adewale, who is mentally-ill, poured petrol on him and set him ablaze. Investigation was extended to the psychiatric hospital in Yaba, where the suspect was admitted. Efforts made to interview him proved abortive as he could not utter a word. The investigation is still ongoing.”