Business
NPA Pensioners Demand Arrears Payment
Pensioners yesterday
urged the management of the organisation to pay the arrears of their pension.
The National Chairman of NPA Pensioners, Mr Charles Binitie, made the plea during the Liberation Day Celebration organised by the pensioners in Lagos.
“We pray that the Managing Director, Malam Habib Abdullahi and his team that have started the payment of the monthly pensions and the January to June 2014 pension arrears will continue after May 2015.
“We urge them to continue with other outstanding pension arrears in like manner until the payment terminates.
“We also pray that you revisit the case of our young and talented technical trainees who have completed their training and consider them for re-absorption.
“They are still very young and the NPA has spent so much on them. So, on humanitarian ground, their training can still be useful to the authority,” Binitie said.
He commended the media for its effort in ensuring that the Federal Government and the management of NPA listened and addressed the issue of the payment of their pension arrears.
Binitie urged the management of NPA to expedite action on payment of their arrears based on the agreed period of three years.
“Whatever we are asking for now is very little, but by the grace of God, it will be completed.
“In the first instance, we are appreciating you. We did not buy your conscience; we did not give you money but you stood by your own oath to always come out with the truth.
“First, we wanted to be put on pension payroll, which was our normal right and that has been granted.
“Secondly, there is what is called 10 per cent compensation for premature retirement; we asked for it and it has been given to us.”
According to him, what is left now is the arrears after the completion of the five years guaranteed pension till the date the pension was approved.
“Management has approved it in principle but we are waiting for the implementation, which we know will be done soon.
“Part of the arrears, starting from January last year till June last year has been in implementation since December which will terminate in May this year.
“The arrears before the approval which they have also agreed to spread over three years period is what we are waiting for now.
“So, before the expiration of the six months arrears, we also urge the management to speed up action and start the payment of the outstanding arrears which have been approved,” Binitie said.
Mr Austin Adarighofua, a former member of the Senior Staff Association of the NPA, said the Liberation Day was being celebrated to mark their freedom from a pitiful condition to what they now rightly enjoy.
“We are celebrating the day because we are now enjoying what we were supposed to be enjoying; that which is due to us, and we will continue to enjoy it, God saving our lives,” he said.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
Niger Delta2 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports3 days agoSimba open Nwabali talks
-
News4 days agoDon Lauds RSG, NECA On Job Fair
-
Nation3 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta3 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta2 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy3 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Rivers3 days ago
Fubara Restates Continued Support For NYSC In Rivers
