The National Pension Commission has said it recovered N553.03m from defaulting employers who deducted their workers monthly emoluments but failed to remit to their Retirement Savings Accounts with their respective pension fund administrators. PenCom disclosed this in its monthly report for the fourth quarter of 2020 obtained on Sunday. Out of this amount, the principal […]
Month: March 2021
N25 billion CBN Overdraft: SERAP writes Buhari, seeks spending details of overdrafts since 1999
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to provide spending details of the overdrafts and loans obtained from the Central Bank of Nigeria (CBN) by the federal government since May 2015. SERAP said the details should include the total overdrafts, the projects on which the overdrafts have been spent, repayment […]
UK to cut aid to Nigeria by 58 percent
The United Kingdom is said to be considering major cuts in aid facilities to at least eight countries, including Nigeria. Open Democracy, an international media organisation, in a report published on Friday, disclosed the UK’s decision as seen in leaked emails from the accounts of government officials. The cuts were reportedly “discussed by senior officials […]
Nigeria Loses $10bn To Illicit Financial Flows – ICPC
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said Nigeria accounts for 20 per cent (about $10 billion) of the estimated $50 billion that Africa loses to Illicit Financial Flows (IFFs). The chairman of the commission, Prof Bolaji Owasanoye, made the disclosure in his welcome remark at a physical and virtual zoom […]
IWD: MMS WoFHoF Initiative To Hold Discourse On Effect Of Insecurity On Women
In line with its gender equity focus, MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative, a non-profit organization, is organizing a Discourse on Women and a Road walk to mark the 2021 International Women’s Day (IWD). The one- day activity which will feature a Press conference on the effect of insecurity and Covid-19 on […]
Presidency orders Immigration to Tighten Security around Nigeria’s Borders
President Muhammadu Buhari has directed the Nigeria Immigration Service (NIS) to improve surveillance and control around the nation’s borders. Giving his speech at the virtual commissioning ceremony of the NIS Technology Building on Thursday in Abuja, he urged the NIS to collaborate with international security organisations such as INTERPOL in safeguarding the borders. The President […]
Advert Managers Forum Elect New Execo as The SUN gets chairperson slot
By Foster Obi A new executive committee of the Advert Managers Forum (AMF), a professional grouping of managers of advertising in the print media industry has been inaugurated. A press statement signed by Vera Chidi-Maha, Public Relations Officer said the inauguration which took place during the February monthly meeting of the forum at the secretariat […]
Save-Our – Soul: Social activist cries out to UN, US, EU
By Tony Udemba Following another round of failed assassination attempt on the lives of the aged parents of Mr. Ebareki Lucky Owhoaridhowo, Executive Director of Social Justice and Civic Rights Group, SJCRG, he has cried out to the United Nations, United States of America and the European Union, saying that their lives are in danger, […]
Nigeria To Begin COVID-19 Vaccination On Friday
Nigeria will commence the vaccination against COVID-19 on Friday, the Federal Government said two days after it received the first batch of the Oxford-AstraZeneca vaccines. The Executive Director of the National Primary Health Care Development Agency (NPHCDA), Dr Faisal Shuaib, announced this on Thursday at a presidential briefing held at the State House in Abuja, […]
Drug Barons Funding Terrorism In Nigeria, Says Senate President Lawan
Senate President, Ahmad Lawan says drug barons are funding terrorism and banditry across Nigeria. According to Senator Lawan, the proceeds of the illegal drug trade are used to purchase arms and ammunitions for terror groups like Boko Haram as well as bandits and kidnappers. The Lawmaker stated this when Chairman of the National Drug Law […]