Niger Delta
4.3m Nigerians On Contributory Pension Scheme – PENCOM
No fewer than 4.3 million Nigerians had so far registered with the contributory pension scheme, Mr M K Ahmed, the Director- General, National Pension Commission (PENCOM), has said.
Ahmed gave the figure in an address at the workshop for Business Editors and Finance, Insurance, Labour Correspondents on Tuesday in Calabar.
Sources quoted Ahmed as saying that the figure was recorded as at the end of July, 2010.
He said that about 23, 000 retirees from the public and private sectors under the scheme had collected more than N65 billion as “lump sum”.
According to him, the retirees also collected N800 million as monthly pension from the scheme while assets worth N1.77 trillion has so far been accumulated by the scheme.
“As one of the hallmarks of the Commission’s consolidated phase, we are encouraging operators to merge on their own terms.
“Some of them are at various stages of the exercises and we would continue to update tax as we go along in the process,” he said.
He reiterated that the commission was saddle with the responsibility of regulating and supervising the pension industry.
He said the commission would ensure prompt payment of retirement benefits and promote “a vibrant and sustainable pension industry”.
He said that the commission was mindful of the challenges posed in the pension reform implementation process hence the commission and other stakeholders had initiated the process of reviewing the “PRA 2004”.
He said PENCOM had in May 2009 convened a conference on the implementation of the contributory pension scheme.
The one-day workshop had as its theme: Challenges of the contributory pension scheme: 2010 and beyond.
Niger Delta
Fouchee Celebrates Asari’s Recognition
Niger Delta
Kalabari Media Forum Hails Recognition Of Dokubo Asari As Amayanabo
The Kalabari Media Forum has endorsed the recognition of Alabo, Alhaji Mujaheed Dokubo Asari as the Amayanabo of Torusarama Piri and the historical relevance of the award.
A communique issued after the 2024 end of year summit of the Forum also commends the Executive Governor of Rivers State, Sir Siminialaye Joseph Fubara for the recognition which they described as the best end of year gift to the Kalabari people.
The Communique signed by the Coordinator of the Forum, Alabo Dagogo Clinton and the Secretary, Mr. Harry Awolayeofori Macmorrison states that the gesture should make the Kalabari people to get back to the drawing board and consolidate on existing inter and intra communal peace within the region.
According to the statement, Torusarama Piri was the first place where the founding fathers of Kalabari converged from different cultures, tribes and backgrounds. Adding that those saying that the Kalabari people are not united should think again.
” As the different founding fathers were able to form a formidable ethnic nationality, modern day Kalabari should be able to sink the differences between the constituent communities and with other non-Kalabari speaking neighbours to achieve the needed internal cohesion for development”. It states.
The Forum further congratulated Alabo Asari Dokubo on his recognition and urged him to use the opportunity to do even more for the Kalabari people and Rivers State as a whole.
According to the statement, the Forum is happy with the recognition of Dokubo Asari not because he is one of the patrons of the Forum, but because he is about the most Kalabari-centric figure living, who has also committed enormous resources for the protection of the Kalabari people.
They urged the Kalabari Se Kobiri and the entire people of the ethnic nationality to work with Alabo Dokubo Asari and put to rest speculations about Kalabari that some persons have exploited against the interest of the Kalabari people over the years.
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