The House of Representatives, on Thursday, asked the Gov. of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to appear before it over alleged discrepancies in the remittance of N33 billion pension deductions by National Pension Commission (PenCom).
The House also invited the Accountant-General of the Federation (AGF), Ahmed Idris, to appear alongside Emefiele before its Ad hoc Committee to Investigate the Activities of (PenCom) and its Administrators on Tuesday, April 9.
Johnson Agbonayinma (APC-Edo), the Chairman of the committee, gave the directive at a public hearing in Abuja.
He said the invitation was necessary to clarify noticeable discrepancies in the pension deductions claimed to have remitted by Aisha Dahir-Umar, Acting Director-General of PenCom.
He added that submissions by the apex bank governor and the AGF would guide the committee in wrapping up the investigative hearing.
According to him, the outcome of the investigation is in the interest of Nigerian pensioners and the public.
”This ad hoc committee invites the Governor of the Central Bank of Nigeria (CBN) and the Accountant-General of the Federation (AGF) to appear before it on Tuesday, April 9, to clarify issues surrounding the money claimed to have been remitted by PenCom,” he said.
Meanwhile, the Nigerian Union of Contributory Pensioners (NUCP) has said that “the new pension scheme has compounded, rather than alleviating problems faced by retirees under the Contributory Pension Scheme.”
In a memorandum submitted to the ad -hoc committee by the union and signed by its leaders, Messrs U.C. Ekpo and Emezuru Eugene, NUCP attributed the problems faced by contributory pensioners to some of the faulty provisions of the 2014 Pension Act (as amended).
”From the look of things, the whole essence of the new pension scheme is to create capital for the Pension Fund Administrators (PFA) to maximise profits and enrich themselves.
”Worse still, PenCom, which is empowered to strictly enforce the Pension Reform Act in regulating the activities of PFAs and Pension Custodians, has become a violator of the same Act in many ways,” they said.
The union identified alleged unwholesome practices by PenCom to include lack of review of contributors’ pension every five years as provided in Section 173 (3) of the 1999 Constitution (as amended).
Others include persistent delays in payment of retirees’ benefits to over 2 years; lack of standardised template and transparency in computation of lump sums paid after retirement; and gender inequality in the payment of lump sums, which they argued, contravenes the Pension Reform Act.
The NUCP further noted that the sum total of anomalies and injustices perpetrated by PenCom in its implementation of the Contributory Pension Scheme led to suffering, pain and premature death of pensioners in Nigeria.
They, however, called on PenCom to confine itself to its functions as a regulator rather than meddling in the union’s activities
It’s going to be ending of mine day, except before finish I am reading this wonderful article
to improve my experience.
KW
What I realistically care most in regard to is wellness ideas.
By myself, I sign up for publications dealing
with this subject matter, and I keep informed about the latest wellness research.
How is this relevant? I feel there’s no more significant emphasis for my time.
Similarly, this blog website seems as if it’s worthy of my time to check out again. I sift through thousands or even more
of blogs weekly. Truth be told, my spine almost always hurts and I need a different hobby.
lol In any case, I think if almost everyone wrote about their unique time in the world, and did so clearly, we’d have a much more interesting globe.
Hello, I read your new stuff regularly. Your humoristic style is witty,
keep up the good work!
Yesterday, while I was at work, my sister stole my iphone and tested to see if it can survive a forty foot drop,
just so she can be a youtube sensation. My apple ipad is now destroyed and she has 83 views.
I know this is totally off topic but I had to share it with someone!
Currently it looks like BlogEngine is the best blogging platform out there right now.
(from what I’ve read) Is that what you are using on your blog?
I need to to thank you for this excellent read!! I certainly enjoyed
every bit of it. I have got you bookmarked to look at new
stuff you post…
It’s hard to come by experienced people about this subject, but you
sound like you know what you’re talking about!
Thanks
Vibracion del motor
Dispositivos de ajuste: importante para el funcionamiento estable y eficiente de las maquinas.
En el ambito de la tecnologia actual, donde la efectividad y la confiabilidad del equipo son de alta significancia, los equipos de ajuste cumplen un rol vital. Estos sistemas adaptados estan desarrollados para balancear y fijar componentes giratorias, ya sea en herramientas de fabrica, medios de transporte de desplazamiento o incluso en aparatos domesticos.
Para los tecnicos en reparacion de aparatos y los tecnicos, manejar con aparatos de calibracion es importante para proteger el funcionamiento fluido y fiable de cualquier dispositivo rotativo. Gracias a estas soluciones modernas avanzadas, es posible limitar considerablemente las movimientos, el zumbido y la carga sobre los rodamientos, mejorando la longevidad de piezas valiosos.
Tambien relevante es el tarea que tienen los aparatos de equilibrado en la soporte al cliente. El soporte experto y el reparacion permanente usando estos equipos permiten dar soluciones de excelente excelencia, elevando la contento de los clientes.
Para los responsables de emprendimientos, la contribucion en equipos de calibracion y detectores puede ser fundamental para optimizar la efectividad y desempeno de sus dispositivos. Esto es principalmente relevante para los emprendedores que gestionan modestas y pequenas negocios, donde cada aspecto importa.
Ademas, los equipos de equilibrado tienen una gran implementacion en el area de la fiabilidad y el monitoreo de estandar. Habilitan identificar potenciales errores, previniendo arreglos onerosas y averias a los aparatos. Tambien, los resultados recopilados de estos dispositivos pueden utilizarse para perfeccionar procesos y incrementar la exposicion en motores de busqueda.
Las sectores de implementacion de los aparatos de calibracion abarcan multiples ramas, desde la elaboracion de ciclos hasta el control ecologico. No importa si se habla de importantes elaboraciones manufactureras o pequenos espacios caseros, los equipos de equilibrado son necesarios para asegurar un rendimiento optimo y libre de fallos.