Pensioners demand payment of accrued rights

Concerned by the deteriorating conditions of NUP/CPS Retirees in Nigeria, Stakeholders have pleaded with the Federal Government to release funds for the payment of accrued rights portion of retirees’ pension benefits. The Stakeholders, majorly Pensioners from Federal and Lagos State governments, under NUP/CPS Lagos State Chapter and Lagos Sector stated this in a communique issued in Lagos on Tuesday. The Group accused the Accountant General of the Federation, Mrs. Oluwatoyin Madein for the refusal to release funds for payment of accrued rights as appropriated by the National Assembly in 2023 and 2024 Budgets. The Stakeholders also claimed Federal government is yet to pay outstanding accrued rights, arising from Pension increment of 2007, 2010 and consequential adjustment of 2019, which includes 20% – 28% increase of 2024 as well as the approved N32,000.00 pension increase across board, arising from the current minimum wage of N70,000.00. The Stateholders also demand the implementation of three months palliatives to Pensioners by the Federal Government. “Denial of Pensioners of the National Health Insurance Scheme NHIS,and that the Contributory Pension Scheme, CPS, from inception in 2004,is a disaster, a one-chance Agenda, in which Nigerian workers wereblindfolded to accept. “The Stakeholders condemned in strong terms, the withholding ofpension money of CPS Retirees by African Alliance Insurance, AAI asthey have resorted to eating crumbs on the table. “To avert a nation-wide protest, President Bola Ahmed Tinubu is urged to take Executive action by directing release of funds for payment of outstanding accrued rights and pension increment to CPS Retirees in nodistant time. “Taking into account, the Pension Reform Act of 2004 and 2014, theStakeholders demand fairness and equity from PENCOM for all CPSRetirees and call for a review of the Pension Reform Act.” They commended Lagos State Governor, Babajide Sanwo-Olu forapproving the payment of accrued interest for CPS Retirees in the stateand urged him to actualize it to enable them enjoy the yuletide period.

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Emefiele’s CBN new Naira notes different from President’s approval, Witness tells Court

The trial of former Central Bank of Nigeria, CBN, Governor Godwin Emefiele continued on Thursday, November 14, 2024, at the Federal Capital Territory, FCT, High Court in Maitama, with a  fifth prosecution witness, Kingsley Obiora, former CBN Deputy Governor in charge of policy, disclosing that the new naira notes printed and released into circulation under Emefiele’s leadership did not match the President’s approval.

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AFCONQ: Osimhen, Lookman lead Eagles assaults against Benin Rep

Reigning African Footballer of the Year, Victor Osimhen and Ballon d’Or nominee Ademola Lookman will lead Super Eagles attack in a potentially-explosive Africa Cup of Nations qualifying match against neighbours Benin Republic later this evening. Both players are expected to replicate their top form in Europe this season when they file out against the Beninoise at the Stade Felix Houphouet-Boigny in Cote d’Ivoire. Stanley Nwabali kept his place in goal and will be provided cover by Calvin Bassey, newly invitee Gabriel Osho, William Troost-Ekong and OlaOluwa Aina. Wilfred Ndidi will be joined in the midfield by Bruno Onyemaechi, Alex Iwobi and Kelechi Iheanacho. The substitutes are; Maduka Okoye, Amas Obasogie, Victor Boniface, Moses Simon, Fisayo Dele-Bashirun, Raphael Onyedika, Victor Collins, Alhassan Yusuf Abdullahi, Umar Sadiq, Samuel Chukwueze, Bright Osayi-Samuel and Frank Onyeka. Nigeria will qualify for the 35th Africa Cup of Nations final tournament if they overcome the Cheetahs of Benin Republic. Victory will render Monday’s concluding qualifier against Rwanda, at the Godswill Akpabio Stadium in Uyo, an academic session. The tie is slated to kick off by 8pm Nigeria time.

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Breaking: Chief of Army Staff, General Lagbaja is dead 

President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, regrets to announce the passing of Lt. General Taoreed Abiodun Lagbaja, Chief of the Army Staff, at age 56. He passed away on Tuesday night in Lagos after a period of illness. Born on February 28, 1968, Lt. General Lagbaja was appointed Chief of Army Staff on June 19, 2023, by President Tinubu. His distinguished military career began when he enrolled in the Nigerian Defence Academy in 1987. On September 19, 1992, he was commissioned as a Second Lieutenant in the Nigerian Infantry Corps as a member of the 39th Regular Course. Throughout his service, Lt. General Lagbaja demonstrated exceptional leadership and commitment, serving as a platoon commander in the 93 Battalion and the 72 Special Forces Battalion. He played pivotal roles in numerous internal security operations, including Operation ZAKI in Benue State, Lafiya Dole in Borno, Udoka in Southeast Nigeria, and Operation Forest Sanity across Kaduna and Niger States. An alumnus of the prestigious U.S. Army War College, he earned a Master’s degree in Strategic Studies, demonstrating his dedication to professional growth and excellence in military leadership. Lt. General Lagbaja is survived by his beloved wife, Mariya, and their two children. President Tinubu expresses his heartfelt condolences to the family and the Nigerian Armed Forces during this difficult time. He wishes Lt. General Lagbaja eternal peace and honours his significant contributions to the nation.

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Super Falcons to take on France’s Les Bleues in friendly

Fresh from a two-match friendly duel with the Green Ladies of Algeria in Nigeria, nine-time African champions Super Falcons are billed to play the Senior Women National Team of France, Les Bleues a high-profile friendly in France on Saturday, 30th November 2024. The Super Falcons lashed the Green Ladies 2-0 and 4-1 in games played in Ikenne-Remo and Lagos respectively, with a good number of home-based professionals showing great promise in the squad coached by Justine Madugu.  This month’s encounter with the Les Bleues will take place at the Stade Raymond Kopa in the city of Angers, with kick-off set for 9.30pm France time. While the Bleues are happy to take the game as part of their preparations for the League of Nations in the spring and the 2025 UEFA Euro Women Championship in Switzerland in the summer, the Falcons will welcome the encounter as part of the process for blooding a new squad, as well as another test ahead of the 2025 Women Africa Cup of Nations in Morocco next summer. It is only the seventh time in their history that the Les Bleues will play in the city of Angers.

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