Business
Pensioners Protest Non-Payment Of Arrears
The Joint Committee of Associations of Federal Pensioners
last Thursday in Abuja held a peaceful
demonstration to protest the non-payment of the arrears of its members.
Members of the committee staged the protest outside the
office of the Head of Service at the Federal Secretariat.
The pensioners, who defiled the rain, blocked major roads
leading to the secretariat, resulting in traffic gridlock around the area.
According to the pensioners, the demonstration will not stop
until the Federal Government meet their demands.
Earlier at a news conference, the Chairman of the committee,
Mr James Bassey, had told newsmen that some categories of pensioners had been
short-changed in the payment of their gratuity.
“Due to wrong calculations of their terminal benefits, using
wrong grade levels and steps, some pensioners have yet to be placed on the
monthly payroll for their pension allowances since leaving the service,’’
Bassey said.
Bassey quoted the Director-General of Budget Office of the
Federation as saying that funds had not been released to cover the payment of
increment in the allowances of pensioners.
Our correspondent recalls that President Goodluck Jonathan
in 2010 approved the upward review of allowances of pensioners by 53.4 per
cent.
Bassey also said that money for payment of arrears to
pensioners had not been released because they are waiting to clear ghost
pensioners from the pension payroll.
“We were told severally that the civil service is trying to
sort out the ghost workers in the service; it is not enough reason for the
delay in paying salaries and the Jonathan Award,’’ he said.
Bassey stressed the need for the government to sanitise
pension management and administration, adding that it would enhance the welfare
and well-being of pensioners in the country.
He called for the dissolution of the Pension Task Force,
saying that it had accumulated more problems for the pensioners instead of
solving them.
“We request for the dissolution of this pension task force
while immediate consideration is given for the creation of a civilian pensions
board.’’
Also speaking, Mr Ehada Mohammed, who represented the
General Secretary of the Nigerian Union of Pensioners (NUP), Mr Actor Zal, said
the pensioners were only trying to ensure that their problem was addressed.
“We believe that what we are doing is the right thing and
this is the only way to address the issue so that we can recover our money fast
after all the delay.’’
Commenting on the issue in an interview, Mr Hassan Salihu,
Public Relations Officer of the Pension Reform Task Team, said the pensioners
did not contact the task force before embarking on the protest.
Salihu said that pensioners’ arrears were being paid in
batches after thorough vetting of their claims by the task team.
He said that all genuine pensioners would be paid as the
Federal Government had adequate funds to pay them.
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
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