Jubilation galore as PenCom announces date to make full payment for all Retirees
Jubilation galore as PenCom announces date to make full payment for all Retirees
The National Pension Commission (PenCom) has assured Nigerian retirees that all outstanding pension arrears and gratuities will be fully cleared by December 2025 when the N758 billion bond approved by the Federal Government matures.
PenCom’s Director-General, Ms. Omolola Oloworaran, gave the assurance in Owerri during a two-day sensitisation workshop jointly organised by the Commission and the National Salaries, Incomes and Wages Commission.
Represented by Mr. Samuel Uwandu, National Commissioner in charge of the Inspectorate Department, Oloworaran explained that the Federal Government’s bond would soon be converted to cash to enable PenCom to settle all pending entitlements.
“Thanks to President Bola Tinubu, who has given PenCom a bond of N758 billion. We are working towards cashing it before the end of the year. Once converted into cash, all gratuities and arrears will be paid in full by December 2025,” she stated.
She described the move as a reflection of President Tinubu’s commitment to improving retirees’ welfare and ensuring that workers are adequately compensated after years of service.
Oloworaran also disclosed that PenCom is in talks with the Federal Government to review the pension structure, with a proposal to increase retirees’ benefits from 75 percent to 100 percent of their final salaries.
“What this means is that pensioners would continue to receive either their full salaries or at least 75 percent of what they earned before retirement. Although PenCom serves as an intermediary, we have written to the President, and we believe this adjustment can be achieved through the National Assembly,” she explained.
The National Secretary of the Nigeria Union of Pensioners (Contributory Pension Scheme Sector), Mr. Bisan Olufemi, commended the Federal Government and the National Salaries, Incomes and Wages Commission for their recent progress in clearing accumulated arrears.
He noted that pension payments had been made up to October and praised PenCom’s efforts to ensure that retirees start receiving their benefits the same month they retire.
One of the participants, Mr. Chris Duru, expressed gratitude to the organisers of the sensitisation workshop and appealed for it to become an annual event, saying it provides valuable updates and guidance for retirees.
The two-day workshop drew more than 100 retirees from across the five South-East states and focused on educating participants about recent pension reforms and government initiatives aimed at improving retirees’ welfare.
News
Two men docked for allegedly defiling underaged girl
Two men docked for allegedly defiling underaged girl
The police in Lagos on Friday, charged two men before an Ikeja Chief Magistrates’ Court for allegedly defiling an 11- year-old girl.
The defendants are: Prince Tomnyie, 40, a businessman, who resides at Agege, and Micheal Adenuga, 24, a furniture maker, who resides at Atere Street in Lekki.
They are standing trial on charges of defilement, and had each pleaded not guilty to the charges.
The prosecutor, ASP Adegoke Ademigbuji told the court that they committed the offence sometimes in December 2024, and September 2025, at Langbasa Ajah and Igbara Lekki, Lagos .
The prosecutor alleged that the victim’s father, had taken his daughter for medical check and it was discovered that the minor had been defiled.
The prosecution alleged that the victim had told her father that his friend, Tomnyie, defiled her sometimes ago.
Ademigbuji alleged that the victim also mentioned the second defendant’s name who lives in their neigbourhood.
The offence contravenes the provisons of section 137 of the Criminal Law of Lagos, 2015.
The Chief Magistrate, Mr L. A Owolabi, granted the defendants bail in the sum of of N600,000 each, with two sureties each in like sum.
He adjourned the case until March 5, for mention. (NAN)
News
Report any officer asking for money for release of suspect as Police insist bail is free
Report any officer asking for money for release of suspect as Police insist bail is free
The Police Command in the Federal Capital Territory (FCT) has insisted that bail is free, and called on the public to report any officer asking for money to release a suspect on bail.
The Police Public Relations Officer in the FCT, SP Josephine Adeh, said this in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja.
Adeh spoke in reaction to public outcry that some police officers were demanding money to release suspects on bail in the territory.
She said the report of the erring officers would serve as a deterrent to others, adding that it was fraudulent to demand for money to release a suspect on bail.
Adeh blamed the yielding to such fraudulent demand on ignorance on the part of the victims who refused to stand on their rights.
“A similar case was reported where an officer demanded money to release a suspect on bail and when the matter was reported, we requested for evidence from the victim.
“The evidence was provided because the money was transferred to the officer’s account and actions are being taken on the issue.
“So, I encourage the public to take advantage of the FCT Police Complaint Response Unit (CRU) lines on 08107314192 to report such misconduct with evidence,” she said.
Adeh urged the public to always insist on their rights and refuse any form of payment to release a suspect on bail.(NAN)
News
Former President sentenced to five years in prison by Court
Former President sentenced to five years in prison by Court
South Korea’s former president Yoon Suk Yeol was on Friday sentenced to five years in prison for obstruction of justice.
The Seoul Central District Court found that the 65-year-old conservative, with the help of the presidential security service, had tried to prevent his own arrest and deleted multiple documents related to the investigation against him.
Yoon shocked the nation by imposing martial law on December 3, 2024, amid a budget dispute with the opposition, plunging the country into a political crisis.
He justified the drastic measure as necessary to protect South Korea’s democratic order and accused the left-leaning opposition of being infiltrated by communists with ties to China and North Korea, though he provided no evidence for these claims.
In a separate trial, prosecutors have sought the death penalty for Yoon on charges of incitement, with a verdict expected on February 19.
While the death penalty remains legally in force in South Korea, it has not been carried out for nearly 30 years.
Yoon’s actions previously alarmed international investors and led to withheld investments, damaging the reputation of South Korea as a political and economic model for the region.
Since last summer, South Korea has been led by President Lee Jae Myung, a left-leaning centrist and long-time political rival of Yoon. (dpa/NAN)
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