Retired Permanent Secretaries in Abia State have urged Governor Alex Otti to release their outstanding severance packages and entitlements, including gratuities. EKO HOT BLOG reports that the former officials, who retired in 2023, made this appeal at a press conference held in Umuahia, the state capital, on Friday. The retirees shared the financial difficulties they … Read more
The social contract theory posits that individuals surrender certain rights to the state in exchange for protection and security. Yet, Nigeria’s police pension crisis raises a fundamental question about the reciprocity of this arrangement. Do we truly honour the sacrifices of those who safeguard our communities? EDITOR’S PICKS Health, Planning Ministries Partner with AfDB on … Read more
Ekohotblog:Sanwo-Olu Pays N4.5bn, Clears Pension Backlog Lagos State Governor on Thursday paid N4.5 billion pension and gratuity to 2,000 retirees. With this payment, Sanwo-Olu has effectively cleared all pension backlog in Lagos State. According to the state Commissioner for Information and Strategy, Mr. Gbenga Omotoso, the outstanding pension funds were disbursed this morning at the … Read more
Disengaged staff of the Lagos Water Corporation recently received their compensation. The corporation’s retirees have also now received their outstanding pensions to date. The LWC says it is now now fully compliant with the State’s Pension Commission. Eko Hot Blog reports that Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, has facilitated payments of all outstanding, … Read more
EKO HOT BLOG reports that Former Minister of Works and Housing, Babatunde Fashola, has disclosed that he only receives N577,000 monthly pension as a former Governor of Lagos State. Fashola made the revelation ton Saturday while appearing as a guest on Arise Television programme, Perspectives. EDITOR’S PICKS Uzodimma’s Inauguration: Tinubu Meets Obasanjo In Imo (Photos) Aiyedatiwa … Read more
Former Aviation Minister Osita Chidoka advises Tinubu to ease hardship caused by fuel subsidy removal by eliminating bank charges and reducing pension contributions. Chidoka proposes removing bank transfer charges and implementing a flat rate for IT support, while also reducing employees’ pension contributions. These measures would increase disposable income and alleviate financial burdens for workers. … Read more
They said some Governors have also refused to review pensions of retirees, even though the constitution provides that pensions should be reviewed every five years We will openly tell pensioners and their families and their supporters and in their villages and towns not to vote for that particular candidate EDITOR’S PICK Party Delegates Furious After … Read more
Gov Akeredolu of Ondo state has said that he will not leave unpaid salaries for his successor after his tenure EKO HOT BLOG reports that Governor Rotimi Akeredolu of Ondo State has assured that his administration will not leave unpaid salaries for his successor after his eight years in office. Read Also: 2022 Budget: Edo APC … Read more
Lagos Assembly has reduced the pension of former governors. EKO HOT BLOG reports that the Lagos State House of Assembly has reduced the pension of former governors of the state. The pension of the former governors was reduced by 50 percent on Thursday. A statement on Thursday disclosed that the decision was taken after the … Read more
The EFCC Zonal Head, Usman Bawa Kaltungo said the suspects diverted the money meant for payment of gratuities and pension to retired teachers. The Economic and Financial Crimes Commission, EFCC, has arraigned five staff of Sokoto State Pension Board for allegedly diverting N500 million. The suspects identified as Abubakar Aliyu-Secretary, Hassana Moyi-Director of Finance and … Read more
Kogi state government said it has spent N2.9 billion in offsetting the payment of pensions and gratuity of pensioners in 2021. The payment which was expended in the first quarter of the year is in line with the New Direction government of Governor Yahaya Bello not to leave any section of the state neglected. This … Read more
The Pension Transitional Arrangement Directorate in charge of the administration of pensions of federal retirees under the Defined Benefits Scheme has paid N6.2bn arrears to 16,210 pensioners. As gathered by EKO HOT BLOG, PTAD made this known in a statement on Tuesday titled ‘PTAD clears pension arrears of 16,210 pensioners, pays N6.2bn,’ adding that this … Read more
By Yusufu Aminu Idegu You May Also Like: Opinion!!! Trump Out, Biden In: What’s In For Africa, Nigeria? 2021 Hajj: Ogun Solicits NIS Support On Early Issuance Of Travel Document Former Chairman of the defunct Pension Reformed Task Team (PRTT), Abdulrasheed Maina, who is standing trial for N2billion money laundering charges, has asked the Federal … Read more
Retirees Suspend Pension Scheme Retirees Withdraw Over N29b from Pension Scheme A total of 118,044 retirees have withdrawn N29.26 billion from their Retirement Savings Accounts (RSAs) and left the Contributory Pension Scheme. According to a quarterly report of the National Pension Commission (PenCom), the retirees made the move because they had low balances in their … Read more
Edo Teachers, Pension The Edo chapter of Nigeria Union of Teachers (NUT) has directed its members to shun enrollment into the state government’s contributory pension scheme. The directive is contained in a statement issued by the Assistant General Secretary of the union, Mr Moni Itua and made available to newsmen on Sunday in Benin, Eko … Read more
Ifeanyi Okowa, governor of Delta, says the payment of pension and entitlement to former governors and their deputies in the state will not be annulled. Ekohotblog had reported how Babajide Sanwo-Olu, governor of Lagos, submitted a bill to the state house of assembly on the abolishment of pension payments to former governors and their deputies, … Read more
Bola Tinubu, national leader of the All Progressive Congress (APC), has described as courageous move the decision by Lagos state government to repeal law on pension for former governors of the state. Ekohotblog had reported that Sanwo-Olu, Lagos state governor, submitted a bill to the state house of assembly on the abolishment of pension payments … Read more
On Tuesday, the Governor of the State of Lagos, Babajide Sanwo-Olu, declared his intention to revoke the Public Office Holder (Payment of Pensions Act 2007), which provides for the payment to former Governors and their deputies of pensions and other entitlements. He made this known while presenting the 2021 budget to the Lagos State House … Read more
Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced his intention to put a stop to Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies. He made this known while presenting the 2021 budget to the Lagos State House of Assembly … Read more
Lagos State House of Assembly says it will not repeal the state’s pension law permitting former governors and other public office holders to receive juicy pensions from state coffers. Mr. Tunde Braimoh, Chairman, House Committee on Information and Strategy, said on Sunday that Lagos Assembly would not go the way of the Zamfara Assembly which … Read more