With the passage of the Pension Reform Act Amendment Bill 2013 penultimate week by the Senate, the nation now looks towards the House of Representatives to follow suit. Omololu Ogunmade writes
An air of relief permeated the polity on April 9, when the Senate passed the much-awaited amendment to the Pension Reform Act 2004, which seeks to terminate the pain and anguish of retirees who wait endlessly for pensions. And if the House of Representatives do the same, the nation may heave a sigh of relief from the recurrent tragic news of pensioners slumping and dying while awaiting pensions that sometimes never come.
Similarly, it will mark the end of an era for staff of pension management departments, who have over the years fed fat on the retirement benefits of the elderly men and women, denying them their deserved pensions and exploiting their misfortunes to live in affluence. Memory is still fresh on the discovery of N273 billion pension fraud by the Senate in 2012.
Some traders in Lagos Monday appealed to the Central Bank of Nigeria (CBN) to ease their transactions with customers by injecting adequate lower denomination naira notes into the system.
The traders, in separate interviews with the News Agency of Nigeria (NAN) in Lagos, said the dearth of lower naira notes was affecting the volume of their business activities.
A stall owner at Ayobo market, Mrs. Ayisat Bello, said the major problem she had been facing in the last three months was dearth of lower denomination notes.
“All I get from my customers are N1000, N500 notes, even when they buy little things like soap and biscuits.
Insecurity is Shrinking Business Activities in Nigeria, NECA Tells FG
The Nigeria Employers’ Consultative Association (NECA) Monday alerted the federal government of the daunting challenges private sector employers have had to grapple with on account of the insecurity challenges confronting the country.
The umbrella body for the private sector employers in the country painted a gloomy picture of shrinking market for products in the country as a result of the restiveness in the northern part of the country.
The revelation of the gloomy picture is coming as the planned security meeting between President Goodluck Jonathan and state governors is expected to be full of drama as the All Progressives Congress (APC) governors plan to confront Jonathan on a wide range of issues.
The Director General of NECA, Mr. Segun Oshinowo, who spoke to THISDAY, affirmed that keeping businesses alive in a tough and hostile environment had been a major challenge for members.
He lamented that the threat posed by the Boko Haram sect had had adverse consequences on businesses, noting that it has paralysed businesses in some northern part of the country and stifled productive activities.
The result of the 2015 presidential election will be declared the day Goodluck Jonathan finally announces his candidacy. The Constitution of the Federal Republic of Nigeria entitles the president to run for a term of four years renewable for another four. This means, barring death or impeachment, the president of Nigeria can serve for a maximum period of eight years. Anyone who expects a sitting president of Nigeria to lose re-election and serve only one term in this day and age is fooling himself. If, as many believe, Goodluck Jonathan is going to run for re-election in 2015, then the next president of the Federal Republic of Nigeria will be Goodluck Jonathan. Foregone conclusion It really makes no difference if my bluntness offends some people, especially those who have put their broken eggs in the APC basket. I am not a Goodluck Jonathan supporter and have never been and will never be a card-carrying member of the PDP. All I do is call it as I see it; and this is what I see quite clearly: the result of the 2015 presidential election will be declared the day Goodluck Jonathan finally declares his candidacy. That is the reality of Nigerian politics today.
Schooling and the education system that supports it, was developed as an instrument to equip children from early childhood to adulthood so they can lead productive public lives and full personal lives based on learning, talent and interest. It gives individuals the opportunity to develop their skills; along academic and vocational lines. The ability of any nation to sustain this process is key to its ability to create and maintain a progressive and democratic society.
Nigeria has abysmal public institutions today because of the quality of education in its education system and the priority assigned to education. The parlous education given the country’s youth in the last two decades has contributed largely to the formation of the attitudes carried over into public service today. Nigeria has sown ignorance and the rewards are manifested in millions of miseducated and unemployable youths coming out of secondary schools, colleges of education, polytechnics and universities
Nigeria’s foremost cement manufacturer, Dangote Cement, has expressed its willingness to partner members of the Lagos State Bricklayers Association (LSBA) to eliminate the spate of collapsed building in Lagos.
The company has also collaborated with the Standards Organisation of Nigeria (SON) to train building material dealers in Benin, the Edo State capital.
Nigeria came yesterday under focus as Pope Francis prayed for an end to the Boko Haram insurgency in his Easter message to faithful and to the World.
The head of World’s Catholics, mentioned close to a dozen countries in the Papal homily to mark the resurrection of Jesus.
“We beg for … a halt to the brutal terrorist attacks in parts of Nigeria,” he prayed.
The Security Council Meeting scheduled for Wednesday would consider suspending the governors of Adamawa, Borno and Yobe states, with a view to imposing total emergency rule. This would entail the suspension of all democratic structures in the affected states, should the idea sail through.
Officially, the emergency rule ended at the weekend, but the military authorities have asked President Goodluck Jonathan to extend it, since the war against the insurgency is far from over.
Following the bomb blast which occurred at Nyanya Motor Park, Abuja that claimed the lives of over 72 people, Lagos State government has intensified efforts to register commercial vehicles operating in the state to avert a repeat of such disaster in the state.
The Lagos State commissioner for transportation, Comrade Kayode Opeifa who disclosed this to newsmen said the measure became necessary to ensure that unregistered vehicles do not come into motor parks to wreak havoc.