Business

Federal Retirees Decry Non-Payment Of Pensions

Published

14 years ago

July 9, 2012

Some pensioners who retired from the public service in the country have continued to bemoan the non-payment of their monthly pensions and arrears.

The pensioners, who spoke in Lagos on Saturday, said that after receiving their gratuity, efforts to get their monthly pensions had failed.

Mr Iyiola Bello said that he retired from the National Bureau of Statistics in 2002 and was paid his gratuity but had not been receiving his pension.

“I have written letters and filled necessary forms but nothing has been done.

“I appeal to the Federal Government to look into the issue so that those who are supposed to ensure the payment of my pension will do so,’’ Bello said.

He said that it had been difficult for him to cater for his family without earning any money after working for many years.

Another retiree, Mr Banjoko Ogungbe, who left the service on Grade Level 14 in 2003, said that it took him about three years to get his gratuity after leaving the service.

“I wrote letters of complaint before my gratuity was paid.

“While in the U.S. some officials from pension office came to conduct a verification exercise and I was verified after which I started receiving only N20, 000 monthly as pension.

Ogungbe appealed to the relevant authorities not only to pay the arrears of his pension, but also to give him his correct monthly entitlements on schedule.

Mr Linus Urata, another retiree, who left the public service in 2004 on Grade Level 5, said that he was paid his gratuity and received his pension until 2011.

“ I have not been paid my pension since 2011. In 2010, we were verified but up till now, no money has been paid to me,’’ he said.

Another pensioner, who sought anonymity, said that he retired from the Federal Ministry of Works in 1995 and since the 2011 verification exercise, he had not been paid his pension.

“I had been collecting my pension until the pension commission carried out the usual verification and since January 2011 I have not been paid,’’ he said.

Mr Sunday Job, a pensioner and former President, Association of Senior Civil Servants of Nigeria (ASCSN) appealed to the Chairman, Pension Tax Force to ensure that the problem of nonpayment of pensioners was solved within a short time.

“I believe that if this issue of non-payment of pensions is looked into and the payrolls are cross checked, it will not take up to 30 days for all those affected to be paid,’’ he said.

He noted that many pensioners were dying as a result of inadequate care and lack of money.

Business

FG Approves 4 New Channel Management Firms For Seaports

Published

23 hours ago

October 26, 2026

The Tide

The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.

Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.

According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.

He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.

He added that Bonny Channel Management Company had also undergone a change of ownership.

On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.

He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.

That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”

Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.

By; Enoch Epelle

Business

RIRS Warns Against Unauthorised Tax Collection

Published

23 hours ago

October 26, 2026

The Tide

The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.

The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.

RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.

The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.

It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.

The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.

It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.

RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.

The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.

The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.

By: King Onunwor

Business

Bayelsa consumers Groan Over Inflation As Traders Remain Helpless Over Low Patronage

Published

23 hours ago

October 26, 2026

The Tide

Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.

The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.

Notable services like transportation have also increased lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.

Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.

Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.

The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.

Other commodities such as delicious vegetable oil now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.

The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.

A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.

By: Ariwera Ibibo-Howells, Yenagoa