Pension payments delay to Retirees now history – PenCom
Pension payments delay to Retirees now history – PenCom
The National Pension Commission (PenCom), says, the era of delayed pension payments for retirees of treasury-funded Ministries, Departments and Agencies (MDAs) is over.
Mr Ibrahim Buwai, Head, Corporate Communications Department in the commission, stated this in an interview with the News Agency of Nigeria (NAN), in Abuja on Sunday.
According to Buwai, PenCom has achieved promptness in the remittance of accrued pension rights, following a sustained reforms and improved remittance systems.
He said the commission has been paying accrued pension rights as and when due, since July, ensuring that retirees receive their entitlements within the month of retirement.
“As at today, payments for November retirees have been completed.
“The accrued rights of those retiring in December will be paid before the 15th as earlier announced, to enable them receive their benefits ahead of the festive season,” Buwai said.
He recalled that the Federal Government recently released N758 billion bond proceeds to settle outstanding pension liabilities, including arrears for pension increases owed since 2007
Buwai said the developments reflected the commission’s commitment to ensuring that no retiree under the Contributory Pension Scheme (CPS) experienced hardship due to delayed payments.
“With these measures in place, delays in pension payments for treasury-funded MDA retirees will no longer be an issue.
“PenCom remains dedicated to strengthening the pension system and safeguarding the welfare of retirees nationwide,” he said.
Buwai also said that the commission is working with stakeholders on the issue of non-remittance of pension of employees to their Pension Fund Administration (PFA) by employers.
To address this challenge, Buwai recalled that the Director-General of PenCom, Ms Omolola Oloworaran, recently signed a Memorandum of Understanding (MoU) with anti-graft agency, ICPC, to recover un-remitted pension contributions and enforce pension compliance..
He said the MoU empowers ICPC to enforce prompt disbursement of recovered funds into Retirement Savings Accounts (RSA) and hold defaulting employers accountable under the law.
According to him, defaulters would be penalised in accordance to the law.(NAN)
News
Eight persons killed, others injured in another fatal road accident
Eight persons killed, others injured in another fatal road accident
Eight persons died while three others were injured in a road traffic crash along the Potiskum–Dogon Kuka carriageway in Yobe.
The Yobe Sector Commander of the Federal Road Safety Corps (FRSC), Mr Andrew Longkam, confirmed the incident on Thursday.
He said the crash occurred around Gaggaba on the Potiskum–Dogon Kuka axis at about 12:40 hours.
“Preliminary reports from Dogon Kuka Unit Command show the incident was promptly reported to the corps,” Longkam said.
FRSC operatives arrived within five minutes, enabling swift rescue, evacuation of victims, traffic control, road clearance and prevention of secondary crashes.
The crash involved a white Howo trailer, registration DAL 963YY, and a white Mitsubishi Canter, registration NNR 437XA.
“Twelve adult males were involved, with eight fatalities and four rescued, including three injured and one unhurt,” he said.
The injured and deceased were taken to Government General Hospital, Dogon Kuka, where the injured received prompt medical attention.
Longkam said the FRSC tow truck cleared the obstruction, restored traffic flow and notified the Police Motor Traffic Division in Dogon Kuka.
“Preliminary findings indicate the Mitsubishi Canter, suspected to excessive speeding, committed a route violation and crashed into the trailer,” he said.
He said excessive speed and route violation were suspected causes, adding that investigations were ongoing to determine the exact circumstances.
The sector commander urged motorists to avoid speeding, route violations and unsafe practices, assuring continued enforcement, emergency response and public education across the state. (NAN)
News
Reaction as Atiku’s Son defects to APC, backs President Tinubu’s reelection in 2027
Reaction as Atiku’s Son defects to APC, backs President Tinubu’s reelection in 2027
Former Vice President and Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, has addressed his son Abba Abubakar’s decision to join the All Progressives Congress (APC), describing it as a personal choice.
In a statement posted on his X handle, Atiku said, “The decision of my son, Abba Abubakar, to join the APC is entirely personal. In a democracy, such choices are neither unusual nor alarming, even when family and politics intersect.”
He added, “As a democrat, I do not coerce my own children in matters of conscience, and I certainly will not coerce Nigerians.”
The former vice president also highlighted his concerns about the ruling party, saying, “What truly concerns me is the poor governance of the APC and the severe economic and social hardships it has imposed on our people.”
“ I remain resolute in working with like-minded patriots to restore good governance and offer Nigerians a credible alternative that brings relief, hope, and progress.”
News
JUST IN; Oyo Governor, Makinde names Olubadan as Chairman Oyo Council of Obas
JUST IN; Oyo Governor, Makinde names Olubadan as Chairman Oyo Council of Obas
Oyo State Governor, Seyi Makinde, has inaugurated the Oyo State Council of Obas and Chiefs, declaring that the Olubadan of Ibadan, Oba Rashidi Ladoja, will be heading the council for a period of 2 years.
The declaration follows the passing of the Oyo State Council of Obas and Chiefs (Further Amendments) Bill, 2025, by the state House of Assembly, and the signing of the same into law by the governor.
Recall that the lawmakers had amended Clause 5 of Section 28 of the Chieftaincy Law to make the Council chairmanship rotational among the Alaafin of Oyo, the Soun of Ogbomoso, and the Olubadan of Ibadanland.
While inaugurating the Council, Governor Makinde said he had consulted with the trio of the Alaafin, the Olubadan and the Soun, with the three of them reaching a consensus that the chairmanship should start with the Olubadan of Ibadanland, His Imperial Majesty Oba Rashidi Ladoja.
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