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331 , 003 Job Losers Withdraw ₦116 .87 Billion From Pension Accounts

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logo 331 , 003 Job Losers Withdraw ₦116 .87 Billion From Pension Accounts

A total of 331,003 workers who lost their jobs have withdrawn N116.87bn from their Retirement Savings Accounts under the Contributory Pension Scheme.
This amounted to 25 per cent of the total balance in their RSAs with Pension Fund Administrators as of the end of the third quarter of 2019.
The National Pension Commission disclosed this in its third quarter 2019 report, which was released on Monday.
Part of the report read, “Approval was granted for payment of N3.67bn to 6,862 RSA holders who were under the age of 50 years and were disengaged from work and unable to secure another job within four months of disengagement.
“The cumulative total number of RSA holders who were paid benefits for temporary loss of job was 331,003 and were paid a total of N116.88bn, being 25 per cent of the balances of their RSAs as prescribed by the Pension Reform Act 2014.
“A further analysis showed that the private sector accounted for 95.17 per cent of those who benefitted from these payments while the public sector accounted for 4.83 per cent.”
In the report, PenCom said it sustained its effort at collaborating with social partners to drive compliance with the provisions of the PRA 2014 by the organised private sector.
The commission said it continued its engagement with state governments on the implementation of the CPS.
It also said it maintained its effort to enlighten and educate informal sector workers of the enormous advantages of the Micro Pension Plan.
During the quarter under review, the commission said it transited from the existing Contributor Registration System to the Enhanced Contributor Registration System.
The ECRS is an electronic platform for the submission of requests PFAs for the registration of contributors and issuance of Personal Identification Numbers.

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NAF Successfully Reactivates 12 Operational Support Equipment

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images 95 2 NAF Successfully Reactivates 12 Operational Support Equipment

NAF SUCCESSFULLY REACTIVATES 12 OPERATIONAL SUPPORT EQUIPMENT AS CAS COMMISSIONS PROJECTS, DELIVERS STRATEGIC LEADERSHIP LECTURE TO PARTICIPANTS OF COURSE 6 AFWC MAKURDI.
The Nigerian Air Force (NAF) is continually striving for high serviceability rates of its aircraft and associated equipment, whilst conserving foreign exchange by enhancing in-country maintenance capabilities, to enable it effectively project Air Power in response to Nigeria’s national security imperatives. Pursuant to this strategic outlook, the NAF has successfully reactivated 12 units of previously moribund Aerospace Ground Equipment (AGE). The repaired equipment include 6 x Jaguar aircraft Ground Power Units (GPUs), one Eagle towing vehicle for Headquarters Air Task Force Maiduguri, one GPU for 115 Special Operations Group (115 SOG), Port Harcourt and another GPU for 305 Special Mobility Group (305 SMG), Calabar. Others include one 15-ton Henley forklift, one 3.6-Ton UNIMOG crane and a Jaguar aircraft hydraulic cart. The equipment, which were reactivated locally by 131 Engineering Group (131 Engr Gp) Makurdi, through the Unit’s Research and Development (R& ) efforts, were commissioned today, 23 September 2020, by the Chief of the Air Staff (CAS), Air Marshal Sadique Abubakar.
While in Makurdi, the CAS also commissioned a newly reactivated One Million litre Bulk Fuel Installation (BFI) Facility, which had been upgraded with additional functional and safety features, including an automatic sprinkler system for enhanced fire safety. The CAS equally unveiled Fire Tender and Runway Sweeper vehicles reactivated by the 101 Air Defence Group (101 ADG) and inspected ongoing R& projects, including a handheld single rocket launcher and 6-tube rocket launcher, being jointly executed by the 131 Engr Group and the 633 Central Armament Depot (633 CAD) Makurdi before commissioning a newly constructed Runway Supervision Unit (RSU) at the Makurdi Airfield.
Speaking during the commissioning and functional demonstration of the reactivated equipment, a visibly delighted CAS, stated that he was excited with what had been achieved by 131 Engr Gp. He said it had always been his belief that, with a bit of effort, most of what may have been discarded as Beyond Economic Repair (BER) could be brought back to serviceable status. According to him, “at this time of scarcity of resources and increased competition for those scarce resources, the best we can have is what we have witnessed here today”. He expressed excitement that some of the equipment would be deployed to the North East and other conflict areas to support the conduct of air operations. He further noted that the local reactivation of the equipment had saved the NAF, and indeed the Nation, huge amounts of foreign exchange, which ordinarily would need to be sourced to buy such equipment from abroad. He added that the NAF would continue to leverage R& as well as innovative technologies to enhance its operations, while continuing to seek collaborative partnerships. Air Marshal Abubakar therefore commended the Commander 131 Engr Gp, Air Commodore Pam Chollom, and all personnel of the Unit for their hard work and dedication to duty. While encouraging other Units to take a queue from 131 Engr Gp, the CAS also applauded the Air Officer Commanding Tactical Air Command (AOC TAC), Air Vice Marshal Olusegun Philip, for his leadership in ensuring the realization of the various accomplishments.
In his welcome remarks, the AOC TAC stated that the event was a landmark occasion and a manifestation of the sterling leadership qualities of the CAS, which had been the major motivation for the achievements recorded by the Command. The reactivation of the equipment, he noted, would add value to the NAF’s maintenance efforts not only in Makurdi but also in other NAF Units across the Country as the equipment would come in handy for the conduct of maintenance activities on the F/FT-7Ni aircraft and the soon to be inducted JF-17 Thunder multi-role fighter aircraft. The AOC appreciated the unwavering support of the CAS to Units under TAC and also commended the Commander 131 Engr Gp and his personnel for their hardwork and dedication to duty, while encouraging them to not to rest on their oars.
Earlier on, the CAS had delivered a lecture to participants of Course 6 of the Air Force War College (AFWC) in Makurdi, as part of the Strategic Leadership Module of the Course. In the lecture, titled “Nigerian Air Force Operational Challenges and Future Prospects”, Air Marshal Abubakar highlighted the achievements of the NAF in the past 5 years in areas of expansion of its organizational structure, comprehensive human capacity development, aircraft acquisition and maintenance as well as robust logistics support and R& . The CAS also highlighted some of the operational challenges encountered while enumerating strategies to overcome them and discussing future prospects.
The AFWC was established in 2016 to develop the capacity of senior officers of the rank of Wing Commander and equivalent in the effective employment of Air Power and efficient utilization of Air Power concepts and strategy while preparing them for higher leadership positions.
IBIKUNLE DARAMOLA
Air Commodore
Director of Public Relations and Information
Nigerian Air Force
23 September 2020

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‘I Have Never Received Bribe All My Life’ – Magu

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Ibrahim Magu 'I Have Never Received Bribe All My Life' - Magu

Suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Wednesday said he has never received bribe all his life.
Magu was testifying before the Justice Ayo Salami panel probing allegations of corruption against him.
The suspended EFCC boss said anyone who claim he had ever given him bribe should come forward before the panel to testify against him.
He was responding to allegations that he allowed a suspect Hima Aboubakar, a Nigerien National to escape from justice.
The suspended EFCC boss had opened his defense on Monday to clear corruption allegations against him.

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‘Precious Was A Prostitute , Raped , Cheated On FFK While In EFCC Detention’ – Olunloyo

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images 91 2 'Precious Was A Prostitute , Raped , Cheated On FFK While In EFCC Detention' - Olunloyo

Kemi Olunloyo has been covering the marriage break up from the moment the news hit the internet last week.
#FFKCase Prisca Nduka is the sister to Precious Fani-Kayode. She wrote the viral FB post. Her marriage to an alleged swindler crashed, her husband left her for Swaziland. FFK paid for their wedding out of love for Precious. Prisca once told their late mom “I will rather you die”
#FFKCase Prisca would rather have their mom die than live with Precious meaning under FFK’s care and roof. They insult their uncle’s, aunties and even grandparents. FFK paid for the funeral of their mom and dad. Femi basically “bankrolled” their entire family.
#FFKCase Precious was getting vast amounts of money monthly from her husband. She wanted an open marriage. She had two knife incidents, one at everyone and the other a friend who was visiting. She attacked and beat security guards, maids and other staff. Many quit and left.
#FFKCase When Precious’ father died, FFK paid for all expenses including ambulance, mortuary etc. Prisca insulted the mortuary driver that he threatened to drop their father’s body at a petrol station unless they APOLOGIZE. Both sisters pocketed the funeral expenses and got more
#FFKCase A source told me Precious was dating 2 men b4 Femi started courting her. Ike Ogbonna a Nollywood star who she described as a “homosexual and rogue who BEAT her.” She destroyed her former boss George ruining his business financially and allegedly supporting Ogbonna with.
#FFKCase I’ve never known Ik Ogbonna as a gay man and once interviewed him this year. Precious reportedly said she wasn’t having good sex with him and thus started cheating with her boss George who she eventually allegedly stole his money ruining his business says my source.
#FFKCase Precious Fani-Kayode has a sad sad past before FFK marriage. She told her friends that her dad pimped her to her uncle at the age of 16/17yo in Onitsha as a sex slave and it affected her psychologically. Her friends attribute that to her psychological problem with FFK
#FFKCase Precious was once raped by a man in Lagos in another uncle’s house. She lived thru years of sexual abuse but friends say Fani-Kayode protected her doing so much for her to improve her life. Due to her mom’s health, she raised her own siblings with money from
prostitution
#FFKCase Precious shared a lot with friends, family and staff who are all sharing this info to me now to set the record straight. Femi was reportedly covering up Precious’ mental status. Prisca her sister has provoked a lot of people by her allegations of abuse by Femi
#FFKCase Friends say Precious was seeing a psychiatrist before meeting Femi. They also told me that she was “sleeping” with another man while FFK was in EFCC detention. The extramarital man said he did not know she was married.

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