Release funds for the payment of accrued rights portion of Ritirees Benefits — Pensioners beg FG
Release funds for the payment of accrued rights portion of Ritirees Benefits — Pensioners beg FG
The Nigeria Union of Pensioners Contributory Pension Scheme Sector (NUPCPS), has urged the Federal Government to release funds for the payment of accrued rights portion of retirees’ pension benefits.
The National Chairman of NUPCPS, Mr Sylva Nwaiwu, at a news conference in Abuja on Wednesday also urged the Federal Government to pay N32,000 pension increment to pensioners.
He said that Nigerian workers who retired from the Contributory Pension Scheme (CPS) about 20 months ago (March, 2023 till date) were yet to be paid their retirement benefits.
According to him, the Office of the Accountant-General of the Federation (OAGF) is yet to do anything about it.
The national chairman also said that the OAGF had not released funds for payment of the accrued rights as appropriated by the National Assembly in the 2023 and 2024 budgets.
He said that retirees under CSP could no longer endure any neglect.
According to him, the senior citizens would have no other option than to turn premises of the Account-General of the Federation’s Office to their residence until the funds for the payment of their pension entitlements are released.
Nwaiwu urged OAGF to also explain if the funds appropriated by the Federal Government in the name of accrued rights and the payment of pension increments to retirees over the years had been expended.
“It is time for the Nigerian public to know where the funds being appropriated annually in our national Budgets for CPS retirees since 2019 till date are,” he said.
He said that the primary objective of the CPS, was for retired workers to receive their retirement benefits as at when due.
Nwaiwu alleged sabotage against the CPS, adding that all past government regimes, especially during the immediate past administration had made frantic efforts to correct the anormallies in the CPS, but the OAGF had not allowed the efforts to achieve success.
“The same is also true of the good intentions and initiatives to off-set outstanding accrued rights and pension increments in the CPS sector by the present administration under the leadership of President Bola Tinubu.
“Tinubu set up a high powered committee of critical stakeholders in the country pension industry to determine all outstanding government liabilities in the CPS sector and to recommend ways and means to off-set the liabilities.
“The above committee had since submitted its report and recommendations to the Federal Executive Council (FEC) and a memo to that effect was written and signed by the Minister of Finance.
“But to our dismay, that memo is yet to be presented to the FEC. Not only that, since the committee’s report of which the OAGF was a member, there has not been any release of funds as already appropriated for by the National Assembly in the 2023 and 2024 for CPS retirees,” the national chairman said.
Nwaiwu said the Defined Benefit Scheme (DBS) had benefited from about four different pension increases, while CPS retirees yet to receive it.
The News Agency of Nigeria (NAN) reports that for the consequential adjustment in pension arising from the implementation of the National Minimum Wage (Amendment) Act, 2024, pension increment of N32,000 per month on the pension retirees was approved.
Also, the Union had submitted a letter to this effect to the ministry of finance in September. (NAN)
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BREAKING: Dollar rain on Super Eagles despite AFCON semi final loss to Morocco
BREAKING: Dollar rain on Super Eagles despite AFCON semi final loss to Morocco
The Chairman of BUA Group, Abdul Samad Rabiu, has commended Nigeria’s Super Eagles for their gallant display at the 2025 Africa Cup of Nations.
He said that the monetary pledged by made him still stands in spite of the semifinal defeat by host Morocco.
Nigeria’s Super Eagles suffered a heartbreaking loss from the 2025 AFCON after losing 4-2 on penalties to host Morocco in a tense semi-final clash at the Prince Moulay Abdellah Stadium, Rabat on Wednesday.
Rabiu praised the players’ courage, unity and determination, describing their performance as worthy of national pride and celebration.
The disclosed this in his official X handle, where he congratulated the Super Eagles for their impressive performance and national pride.
“You fought with your hearts, gave your all, and showed true courage on the pitch. Every Nigerian is proud of you,” Rabiu said.
He noted that results do not always reflect effort, stressing that the team’s fighting spirit and passion resonated strongly with Nigerians at home and abroad.
“Sometimes our best efforts don’t bring the outcome we desire, but the spirit and unity you displayed truly matter.
“I am going ahead with the $500,000 pledge in recognition of your hard work, dedication and the joy you brought to our nation,” he said.
The News Agency of Nigeria (NAN) reports that Rabiu had earlier promised the reward following Nigeria’s 2-0 victory over Algeria in the AFCON 2025 quarter-final.
Rabiu urged the players to remain focused, expressing confidence that the lessons from the tournament would inspire future success.
“Keep your heads high. This experience will fuel greater victories. Nigeria believes in you,” the BUA Chairman said.(NAN)
News
Govt offers discount on Vehicle Number Plate replacement, announces new figure
Govt offers discount on Vehicle Number Plate replacement, announces new figure
The Lagos State Government (LASG) has announced a temporary reduction in the cost of replacing faded or damaged vehicle number plates, cutting the fee from ₦30,000 to ₦20,000. The measure, part of a three-month amnesty and rebate window, will run from January to March 2026.
Approved by Governor Babajide Sanwo-Olu, the initiative targets both private and commercial vehicle owners across Lagos, aiming to improve vehicle identification, strengthen security, and enhance road safety throughout the state.
The Permanent Secretary of the Motor Vehicle Administration Agency (MVAA), Rasheed Muri-Okunola, described the rebate as “a deliberate, citizen-focused intervention designed to encourage motorists to voluntarily replace worn, faded, or illegible number plates at a significantly reduced cost.”
He highlighted the security implications of faded or damaged plates, explaining that their condition affects “security, traffic enforcement, and crime prevention, as unreadable plates hinder effective monitoring, investigation, and identification of vehicles.”
“Clear and readable number plates are fundamental to public safety and security. This amnesty period allows motorists to replace faded plates at ₦20,000 instead of ₦30,000, thereby reducing the financial burden while supporting collective efforts to make Lagos safer,” Muri-Okunola said.
He stressed that the rebate is valid only within the January to March 2026 window, urging vehicle owners with faded or damaged plates to take advantage of the initiative by visiting the Pilot Centre at the Oshodi One-Stop Centre or any of the agency’s 140 stations across the state.
According to Muri-Okunola, the programme also addresses rising security concerns linked to unreadable number plates, noting that “legible and standardised plates are critical to crime detection, traffic management, digital vehicle tracking, and emergency response systems.”
He warned that after the amnesty period ends in March 2026, “the replacement fee would revert to the original ₦30,000, while enforcement measures would be fully applied to ensure compliance.”
News
Man fakes his own Kidnapping, forces Brother to sell property for N12 million ransom
Man fakes his own Kidnapping, forces Brother to sell property for N12 million ransom
The Edo State Police Command has uncovered a staged kidnapping in Ekpoma, where a man allegedly faked his own abduction, forcing his brother to sell property to raise a ransom.
The incident was reported to the police on January 10, according to a statement issued by the state Police Public Relations Officer, SP Eno Ikoedem.
Investigations revealed that the supposed victim, identified as Idris Isiaka, a vulcanizer based on Balogun Street in the Emaudo community of Ekpoma, conspired with two accomplices to orchestrate the fake kidnap.
Police said Isiaka arranged for news of his “abduction” to be circulated on social media through a blogger and subsequently demanded a ransom of ₦12 million from his family.
Believing the story to be genuine, his brother reportedly sold a personal property in a desperate bid to secure his release.
However, detectives later uncovered the deception and arrested Isiaka along with his collaborators.
The police described the act as criminal and deceitful, warning members of the public against engaging in similar schemes.
The suspects are currently in custody and are expected to face prosecution once investigations are concluded.
The PPRO explained that the suspect “immediately engineered the circulation of his kidnap on social media through a blogger and demanded a ransom of Twelve Million Naira.
“His family in Kogi State was further contacted, threatening that he would be killed if the ransom was not paid”.
He said the brother, however, “sold his property and paid part of the ransom money which was shared with his accomplices, one Mohammed Saliu and Godwin Mohammed, both of whom are currently at large.
“The suspect has confessed to the crime. He will be arraigned in court after investigation”.
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