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Pensioners Verification Begins In South-South Zone

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The Pension Transi
tional Arrangement Directorate (PTAD) has begun the verification exercise of Federal Civil Service Pensioners in the South South states.
PTAD Director-General Mrs Nellia Mayshak, announced this in a statement issued by the PTAD on Monday.
The statement said the verification exercise was aimed at bringing pension administration closer to pensioners in the south-south states in order to make life easier for them.
The statement added that PTAD had commenced the monthly payment of 33 per cent pension increase in October 2014 as well as outstanding arrears successfully paid by the federal government to all pensioners in December 2014.
PTAD stressed the Pension Directorate had commenced the national pensioners’ biometrics verification exercise starting first with police pensioners throughout the federation.
The PTAD DG said the agency had constantly done follow up on banks on payments and verification status of pensioners account to ensure prompt payment and better pension management system in the country.
Mayshak explained that PTAD since its inception had record significant payment improvements as a result of the measurers put in place by the pension directorate to remove the duplication of names on the same account and clearing of the pension payroll of ghost pensioners.
She noted that PTAD would put in place good structures to sustain the services provided by the organisation and ensure effective pension administration in the country.
The statement enjoined retired Federal Civil Service Pensioners to avail themselves of the opportunity of presenting all necessary documents to the verification team for smooth exercise in the south-south geo- political zone. Meanwhile, the President, Pension Lawyers Association of Nigeria (PLAN) Mr Mbanugo Udenze said government’s decision to carry out a review of the Pension Act was a right step in the right direction.
Speaking to The Tide in Port Harcourt, the PLAN’s President Mr Mbanugo Udenze said the Pension Reform Act 2014 is a great improvement on the 2014 Act.
He said there is still a lot of work needed to be done on the part of the employers to ensure that the core objectives of the Pension Act are achieved.
The Association’s leader explained that the country was yet to achieve the objectives of the Contributory Pension Scheme as less than 10 per cent of the citizens who the pension scheme is meant to cover, have yet to be covered under it.
He said the Pension Reform Act 2014 has introduced some innovation that would engender the achievement of the objectives of the legislation.
Mbanugo listed some of the innovations to include increase in the contribution of the employers and employees from 7.5 per cent flat contribution to now 10 per cent for the employer and 8 per cent for employee, stressing that both contributions now bring to a total of 18 per cent of the employee monthly emolument as against the former 15 per cent of the contributory pension scheme.

 

Stories By Philip Okparaji

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USTR Criticises Nigeria’s Import Ban On Agriculture, Others

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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.

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Expert Seeks Cooperative-Driven Investments In Agriculture 

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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.

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NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

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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.

King Onunwor

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