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Aisha Dahir-Umar’s path as Pencom’s DG

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Prior to the inception of the National Pension Commission (Pencom) in 2014, retirees across Federal Ministries Departments and Agencies (MDAs) had suffered a lot of bureacratic bottleneck in accessing their retirement benefits among other incentives by different governments.

The birthed of the Commission has brought respite to these ordeals encountered by retirees and families of the deceased while processing their entitlements as captured by the Pension Reform Act (PRA) 2014 and later PRA 2014  of the Contributory Pension Scheme (CPS).

Several leadership tenures have contributed to the transformation agenda of the Commission but the appointment of Hajia Aisha Dahir-Umar, who is witty and exceptional in all human endeavour as th DG of Pencom, cannot be easily swayed away without being putative that President Muhammadu Buhari has justified the vison behind the establishment of the organisation.

Her ardent contributions to the development of the pension sector made her to become the brainpower behind modern pension system in terms of regulations, managerial skills and repositioning the collective contributory scheme, thereby being accorded as the redeemer of the Commission.

In piloting the affairs of the Commission, she has implemented series of reforms to the pension industry, thereby boosting the value of Nigeria’s Pension Fund Assets globally.

The Commission has brought the informal sector into the Contributory Pension Scheme and launched the Micro Pension Plan (MPP) in March 2019. The MPP is a financial arrangement for pension services for self-employed persons and persons working in organisations with less than three employees. This gesture has enlarge the coast capturing more people into the scheme.

The Pencom DG has ensured that the Multi-fund structure for retirement savings accounts was implemented to align a contributor’s risk tolerance or appetite with his or her investment return expectations, based on work life cycle. The Commission each year conducts verification and enrolment exercise to obtain data and determine the accrued rights of federal government employees of the Treasury Funded MDA’s who will retire the following year to ease the access to their entitlements.

During her presentation on the industry’s 2021 report, she directed all the Pension Fund Administrators (PFAs) and the PFCs to resolve issues of all outstanding contributions.

She stated, that: “A notable outcome of the 2021 review of Licenced Pension Fund Operators records was the un-credited pension contributions domiciled in the Contribution Reconciliation Accounts of PFAs totalling N73.97bn.

“This amount represented contributions remitted by employers to the Pension Fund Custodians, but yet to be credited into the employees’ Retirement Savings Accounts due to the submission of incomplete or inaccurate schedules by employers.

“The Commission has given a six months timeline to the PFAs and PFC to follow up with the respective employers and ensure that the funds are appropriately transferred to the employees’ RSAs. Another notable outcome of the review was the uncredited contribution domiciled in the Transition Contributors Fund of PFAs totalling N19.52bn.

“The TCF account was created to keep pension funds of employees that failed to open RSAs in line with Section 4.1.1 of the guidelines for Transitional Contributions Fund.

“This requires a PFA chosen by employers whose employees have received salary for a minimum of six months, but failed to open a Retirement Savings Account, to create and maintain a TCF to manage the accumulated pension contributions pending when the employees opened Retirement Savings Accounts.

“The commission had equally mandated the PFAs to ensure resolution of all outstanding contributions in the TCF and forward monthly status reports.”

In ensuring an efficient service Dahir-Umar had emphasised that the industry remained focused on the resolution of the challenges of outstanding pension liabilities of the Federal Government under the CPS, expansion of coverage of the CPS to the informal sector and the sub-national governments and the diversification of pension fund investment.

Other focus areas included the drive to improve the quality of customer service delivery, enhancement of operational capacity of the regulator and operators’ workforce and the reinvigoration of the Commission’s public enlightenment and education initiatives.

“The Commission continued to regulate and supervise the Nigerian pension industry in a transparent and consultative manner through the instrumentality of on-site/special examinations, as well as off-site surveillance and analysis of all Pension Fund Operators.

“Specifically, the Commission monitored the activities of the Pension Fund Operators and conducted routine inspection of States’ Pension Bureaux to ascertain the level of implementation of the CPS, as well as the administration of the Defined Benefits Schemes in the states and the FCT.”

Regarding compliance and enforcement activities, she noted that the Commission continued to deploy various administrative and legal means to ensure that public and private sector institutions complied substantially with the provisions of the PRA 2014.

The revised regulation has clarified that retirees shall be allowed to access additional lump sum after the payment of an initial lump sum provided that there are additional inflows of funds into the RSA from the employers. However, the additional remittances shall first be applied to augment pension up to 50 per cent of the retiree’s final salary while the balance may be paid out as lump sum. Where the retiree’s pension is already up to 50 per cent of final salary, the retiree may choose to collect the entire additional remittances as a lump sum. Where the additional inflow into the RSA of a retiree on Retiree Life Annuity (RLA) is not up to N100,000 the amount shall be paid directly into the retiree’s bank account, subject to the Commission’s approval.

The DG in her unwearying effort has attracted several distinctive awards from Civil Society Organisations, Corporate bodies among others. Notable among them are Pro-democracy and anti-corruption group, Citizens Watch Advocacy Initiative (CWAI) which had bestowed the award of ‘The Most Outstanding and Distinguished Director-General of the Decade in Nigeria’ in 2022’.

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Meet this Lagos designer empowering individuals with timeless outfits

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In today’s world, shoppers are confronted by so much information and choice whether it’s clothing options or retailers to choose from which can be quite overwhelming. The change in how people work and live from home has also largely influenced people’s fashion choices thus creating a new order.

In the bustling city of Nigeria’s commercial capital is a fashion brand seeking to stand out amongst several others. One of the brands leading this new order is a fashion brand Sparks by Splendour.  Established in 2019, in a small space in Magodo Phase 2, Lagos, the fashion brand is driven by creativity and the desire to innovate within the realm of fashion and it is led by Ifeanyi Ekweachi Splendour.

Placing emphasis on inclusivity and diversity, with a shift towards more representative and authentic portrayals of beauty and style, Sparks and Splendour has over the years been involved in creating timeless pieces for clients ranging from entertainment to hospitality to religious leaders to business leaders across several others.

When asked on what makes the brand stand out, Ifeanyi said he envisions Sparks and Splendour as a prominent force in the fashion industry, known for innovation, quality, and commitment to sustainability.

“Our brand will have expanded its reach globally, with flagship stores in major fashion capitals and a strong online presence,” he said.

“For us, fashion is more than just clothing; it’s a form of self-expression, art, and culture intertwined. It’s about creating pieces that not only look good but also make individuals feel confident and empowered.

“Our idea of fashion revolves around blending timeless elegance with contemporary trends, ensuring that each piece tells a unique story and resonates with the wearer’s personality,” Ifeanyi said.

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MOSOP new leadership garners more support

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…As Ogoni 9 families pledge solidarity

By Barth Ndubuwah, Port Harcourt

Family members of the eight Ogoni heroes who were murdered alongside Ken Saro-Wiwa in November 10, 1995, otherwise known as the Ogoni 9 have pledged their support for the newly elected leadership of the Movement for the Survival of the Ogoni People (MOSOP), led by Professor Olu Andah Wai-Ogosu.

The family members made the pledge during a courtesy visit to the office of the President of MOSOP in Port Harcourt.

Leader of the Ogoni 9 Families, Mr. Yira Wiwa who spoke on behalf of the families, said they will continue to support the new MOSOP leadership so long as they continue to speak for the development of Ogoni land and defend Ogoni interest. Mr Yira Wiwa who is the younger brother of the late Ken Saro-Wiwa called on Ogonis to unite and support the new leadership of MOSOP.

“We are here in the office of the MOSOP President to pledge solidarity with him, to support his administration and to let him know that the Ogoni 9 Families are with him.

“Prior to this time we had a series of mushroom presidents of MOSOP, but for him to have emerged as the MOSOP President at this time gladdens our hearts and we have come to identify with him,” he said.

“This is a better time for the Ogoni people to rally round him, so as one of the stakeholders in the Ogoni struggle, we have come here to support him and as long as he speaks Ogoni, he speaks for the development of Ogoni and he defends Ogoni interest, we’ll always be with him,” he stated.

Responding,  the President of MOSOP, Prof Olu Andah Wai-Ogosu vowed to carry members of the families along in his leadership of the body.

He said his leadership has been doing a lot to uplift the spirit of the Ogonis towards achieving what the martyrs died for.

“From my own background, I’m not new to the martyrs’ family, I have been part of what the martyrs started. I personally as an Ogoni son felt the same way thousands of people felt, not just the nine, not just the four but the over 2,000 that also died in the course of the vision, because every Ogoni person is supposed to feel the passing away of an entire generation and that’s why some of us are still trying to achieve the ideals they fought and died for.

“We are doing a lot of things to motivate the Ogoni people to say that MOSOP cannot die, to sensitise the people to talk with one voice.

“I’m happy with the coming of the families and also looking out for the families of the other twenty that were left in the prison after the death of the Ogoni nine,” he said.

Wai-Oguso added, “When I see the faces of our people, I see misery, I see loss of hope and even on your faces, it’s still showing; so I want to plead that God in his infinite mercies knows the best, therefore count yourself living as the sacrifice you have made for Ogoni to be able to stand and heal the wounds in your hearts so that all of you will become symbols of Ogoni unity.

“We will do as much as we can to identify with the families in order to heal their wounds. Anytime we call on you, please answer our calls because we’ll like to be working with you and whatever we do as an executive, we’ll carry you all along,” the MOSOP President posited.

On his part the Publicity Secretary of MOSOP, Comrade Imeabe Saviour Oscar expressed gratitude for the visit of the Ogoni 9 families and called on all stakeholders across board to support the new leadership of MOSOP.

“MOSOP is indeed grateful for this particular visit and we are happy that stakeholders like you have come to identify with us and  we are very grateful indeed.

”MOSOP is actually achieving its lost glory and we promise that this current leadership will not disappoint Ogoni people and we’ll continue to call on all well-meaning Ogonis and stakeholders across board to put their hands on deck and work collectively for the betterment of Ogoniland,” he said.

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Anambra lawmakers may resume plenary Thursday despite Assembly workers’  strike

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By Raymond Ozoji,  Awka

There are very strong indications that the Anambra State House of Assembly Complex Awka may reopen for legislative business on Thursday, April 18.

Although investigations at the assembly complex on April 16 revealed that the House would have resumed plenary on April 11 but the Parliamentary Staff Association of Nigeria (PASAN) industrial action stalled the resumption of legislative sessions because offices were closed in the complex.

Recall that the Anambra state chapter PASAN led by Abraham Okoye had on March 28 joined her counterparts across the federation to begin an indefinite strike since state governments seemed complacent about the full implementation of autonomy for the legislature coupled with other lingering issues.

Anambra PASAN had on April 11 held an emergency meeting with the Speaker of the Anambra State House of Assembly, Rt. Hon. Somtochukwu Nkemakonam Udeze, management staff of the State House of Assembly and representative of the national body of PASAN, where they arrived at the following resolutions: “That the strike continues pending when they are paid all their allowances that have been pending since 2019.

“That the union is not out to fight or witch-hunt the Speaker nor the Governor of the State but agitating for their right which has been denied them since 2019.

“That the union no doubt appreciates the good work which the governor is doing in the state including the facelift of the state House of Assembly and also the Rt. Hon. Speaker for his push to ensure further reshaping of the State House of Assembly complex.

“That it is quite obvious that the State’s condition is quite peculiar but cannot be compared with  the State Judiciary which is another arm of government that had gotten her Judicial autonomy since 2020 while they are still pleading for legislative autonomy.

“That they have appealed to the State Government to do the needful so that they can call off the strike and consolidate further on the existing Legislative-Executive cordial relations.”

When this journalist visited the House of Assembly Complex in Awka on Tuesday April 16, he discovered that the entrance to the legislative chambers was locked and some of the workers who defied the strike to come to work were spotted sleeping on duty.

Meanwhile principal officers of the 8th legislature who had a prolonged crucial meeting with the Speaker on Tuesday, could not also have access to their offices because the office complex was under lock and key.

But the Deputy Minority Leader of the 8th Assembly and lawmaker representing Ogbaru One State Constituency, Hon. Noble Igwe, who spoke exclusively with this journalist on Tuesday shortly after the crucial meeting of principal officers with the Speaker, said the strike action was an internal issue and that members of PASAN have the right to demand for what was due to them even as he pointed out that the industrial impasse would be resolved.

Igwe disclosed that Governor Charles Chukwuma Soludo was not sleeping over the issue instead he is working assiduously to make sure that the right thing is done.

He said the governor was not against autonomy for the legislature and that the Speaker is interfacing with the governor to ensure that their demands were met inorder to resolve the matter and call off the strike.

Igwe said his colleagues in the 8th Assembly just returned from the Easter break only to be held back again by the strike embarked upon by assembly workers even though he expressed hope that the House may reconvene for plenary on Thursday this week.

Igwe however maintained that the strike would not continue because according to him, what Anambra PASAN is agitating for is what the governor can easily do for them.

Also another principal officer of the 8th assembly, Hon. Paul Obu, who represents Orumba-North Constituency and doubles as the Minority Whip of the House, corroborated what his colleague said, confirming that there is 100 percent likelihood that the House of Assembly would resume plenary on Thursday this week.

Obu said members of the 8th Assembly feel the pains and plights of assembly workers but stated too that with dialogue the impasse would be resolved amicably.

Confirming the meeting of principal officers with the leadership of the House, Obu told this journalist that the Speaker was on top of the matter and doing everything possible to get PASAN members back to work to enable the lawmakers to reconvene for their constitutional legislative duties.

 

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