The Senate Public Accounts Committee, on Monday, summoned NICON Insurance Plc, AIICO Insurance and other insurance companies over alleged failure to remit N17.4 billion fund to Pension Transitional Arrangement Directorate (PTAD). The Executive Secretary of PTAD, Dr Chioma Ejikeme, had told the panel that PTAD took over the assets and liabilities of defunct pension offices without a formal handing over. She said, “On taking over, the Directorate wrote all underwriters to make returns and remit whatever amount is in their custody into a CBN dedicated account. Some of the underwriters responded to the request while some did not. “The bank certificate of balances, accounting statements, 3 years financial statements and policy files requested by the Federal Auditor were not handed over to PTAD ...
Nasarawa State Government The Nasarawa State House of Assembly, Monday, said there’s no plan by the lawmakers to impeach the Speaker of the House, Rt. Hon. Ibrahim Balarabe Abdullahi. The House called on members of the public to disregard the impeachment rumour circulating on social media, even as they gave a vote of confidence on the speaker for his leadership qualities. The Majority leader of the House, Hon Umar Tanko Tunga (APC Awe North) gave the vote of confidence while speaking with newsmen in Lafia, the state capital. According to Tunga, the news circulating on social media captioned ” Tension in Nasarawa over plan to impeach Nasarawa State House of Assembly speaker” is a devilish work bent on distracting the development, obstructing progress and causing confusion in the minds of th...
The United Nations has expressed worries over rising violence against women and girls in Nigeria. The UN National Programme Manager, Patience Ekeoba, lamented that the country’s security is weak in handling gender-based matter. Ekeoba called on the federal government to retrain security personnel, especially the police in handling gender-based matter in order to put an abrupt end to the narrative across the country. She said this while speaking at the 8th Triennial Convention of the Mothers’ Union of the Church of the Lord International held in Ogere-Remo, Ogun. The UN personnel who spoke on the theme “Fearfully and Wonderfully Made” disclosed that 3.85 million of Nigerian girls are out of school, warning that the victims are at risk of social violence. According to her, violence against w...
Police in Ebonyi, Tuesday, repelled another attack by gunmen on another police station in the state. One of the assailants was allegedly killed in a shootout with the police. Newsmen reliably gathered that one of the gallant police officers, who repelled the attack, was injured and rushed to a hospital for treatment. The incident happened at Ugbodo Police station in Ebonyi Local Government area of the state. A top security source in the state, who spoke to newsmen, said the gunmen launched the attack around 2am on Tuesday. “But they met stiff resistance from the police men at the station. In the ensuing battle, a Police officer sustained an injury while the gunmen later retreated with some of them being hit by the bullets from the Police. “In the morning, the police went on a search of the...
The Commander, Sector 2, Operation Lafiya Dole, Adamu Nura, has appealed to journalists to prioritise Nigeria’s national interest in their reporting. Nura made the appeal, on Friday, while hosting members of the Nigeria Union of Journalists (NUJ), who paid him a courtesy visit in Damaturu. “National interest is more important than any other interests, including public interest; because when you protect national interest, public interest will automatically be covered,” he said. He, therefore, enjoined journalists to always cooperate with security agencies, to protect the national interest in their reporting “and avoid giving any form of publicity to terrorists”. “Security is everybody’s business, without security nothing can be achieved,” he said. He added that the sector was ready to build...
Nigeria’s total public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. It made the revelation in its Nigerian Domestic and Foreign Debt report for Quarter Four, 2020, obtained from its website on Monday in Abuja. It added that the debt profile was for the States and the Federal Government. According to the bureau, Nigeria’s total public debt showed that N12.71 trillion or 38.60 per cent of the debt was external, while N20.21 trillion or 61.40 per cent of the debt was domestic. “Further disaggregation of Nigeria’s foreign debt showed that 17.93 billion dollars of the debt was multilateral, 4.06 billion dollars was bilateral from the African Development Bank (AfDB), Exim Bank of China, Japan International Cooperation Agency (...
The Presidency has attacked former Vice President Atiku Abubakar for his comment on the Bloomberg report that Nigeria may emerge the country with the highest unemployment rate in the world. The position of the Presidency was stated by the Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, on a Channels Television programme: Sunday Politics, on Sunday. Adesina said the recent report released by the National Bureau of Statistics that 23.2 million Nigerians are unemployed was not new. He said: “You will recall that in the build-up to the 2015 elections, when the APC (All Progressives Congress) was campaigning, the figure that was used by then candidate Buhari was that a minimum of 30 million Nigerians were unemployed, particularly youths, and that his governme...