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NLC Supports Buhari On Probe, Slams NASS On Jumbo Pay

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The NLC President, Comrade Ayuba Wabba, said Mr. Buhari should note that he was elected based on his integrity and promise to clean the rot in the system, adding that he should not cave in to any pressure from anybody or group to stop the anti-corruption war. “One person who will serve as good example for all Nigerians is the president and he must be ready to lay a good example. “We are aware that some people are persuading him not to go ahead with the probe, but he should not allow any pressure from anybody. He should go ahead with it and even prosecute whoever is found guilty”, he said. Wabba said organized labour was planning a rally in support of the probe. “We are planning a rally and we will continue to support him if he continues to stand on the basis of the truth”, he said. The NLC chief noted that June allocation was increased by about 13 per cent, pointing out that the increase would have ended in private pockets had President Buhari not taken some meas...

Pension firms pay N77bn to deceased workers’ relations

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A total of N77.18bn has been paid to the next of kin of 27,321 deceased workers as pension benefits of their breadwinners under the Compulsory Pension Scheme. The amount, which was paid as of the first quarter of this year, showed an increase of N25.9bn over N52bn.9bn recorded as of the first quarter of last year. ADVERTISEMENT These figures were contained in the latest report of the National Pension Commission on pension matters obtained by our correspondent on Friday. NAICOM said the amount (N77.18bn) represented what had been paid to the beneficiaries of the deceased employees from the inception of the scheme to the end of the first quarter of 2015. Experts noted that more relatives of deceased workers were now coming out to demand for the benefits of their breadwinners following the reform of the pension administration, which had simplified the claim and entitlement process. The Pension Reform Act 2004 was amended last year as part of the reforms ...