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Pencom Fund: Reps Threaten To Issue PFAs Bench Warrant

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House of Representatives has threatened to issue a bench warrant to compel Pension Fund Administrators (PFAs) to appear before its ad-hoc committee, if they fail to attend the public hearing.
Rep Johnson Agbonayinma (APC-Edo), Chairman, Ad hoc Committee to investigate the activities of National Pension Commission (PenCom) and its Administrators, gave the warning on Wednesday in an interview with newsmen in Abuja.
The Tides source reports that the House had, after a resolution passed in Feb., ordered the committee to commence investigations into the activities of PenCom since April 2017 over allegation of violation of the Act establishing the commission and the N9 trillion pension fund controversy.
However, the Pension Fund Operators Association of Nigeria (PenOP) had, in two separate letters dated Jan. 28 and April 2, informed the committee that the PFAs would not be able to appear before the committee on Jan. 29 and April 4.
PenOp had, in the letters, attributed the reason the PFAs would not attend the meetings “to prior engagements slated for the same day.”
Agbonayinma, who cautioned the PFAs against disobeying the order of the House, said the PFAs and other stakeholders in the industry were deliberately avoiding the ad hoc committee.
According to him, the pension association, which the committee did not write letters to or invite, has no right to derail the lawmakers from holding the investigative hearing.
“If they fail to appear before the committee, we would have no option than to apply the law.
“That is, we would have to seek to issue bench warrant so that they can be compelled to come to appear before this ad-hoc committee.
“We would do just that to PFAs that refused to appear before this ad hoc committee ànd any organisation, not just the PFAs that are invited but the banks and PenCom,” he said.
The lawmaker, who expressed concern over the development, said the committee would not succumb to any deliberate effort to undermine the committee’s work.
“We have been having different issues; people trying to avoid coming to the public hearing.
“We had our first public hearing. In order for us to continue with our investigations that was slated for Thursday, I believe some people are trying to derail the wheel of the progress of our ad hoc committee.
“We invited different PFAs, we invited the PenCom, the acting DG, the Nigerian Labour Congress (NLC), Trade Union Congress (TUC) and many civil societies who submitted document related to the subject matter.
“We never invited the so-called Pension Fund Operators Association of Nigeria (PenOp).
“But we are surprised to be receiving letters; the first one we received before our public hearing telling us that the PFAs will not be able to attend under the umbrella of PenOp.
“There was no time this ad hoc committee wrote a letter to PenOp. They have been representing the various PFAs we have invited, the administrators, some of the banks and the custodians of the funds,” he said.
Agbonayinma said the committee was surprised to receive another letter from the association on April 3 “writing to us that the pension operators will not be able to attend the investigative hearing slated for tomorrow (April 4).”
The legislator, who condemned the act, described the move as “a plot to derail the wheel of progress of the ad hoc committee.”
“This has to do with the Nigerian people, the workers who have worked and deserved to make sure that whatever money is deducted from their accounts should be put to use and the PenCom must do the needful,” he said.
He, however, hinted that since no one has been indicted, the public hearing was “to serve as an opportunity for the stakeholders to clear the air on issues raised and assure Nigerians that nothing is amiss.”

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Rivers Lawmakers’ Defection, ‘Monkey Politics’-CSO

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Civil Society Coalition for Good Governance, Budget and Accountability has condemned the defection of the 27 members of the Rivers State House of Assembly from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
Executive Secretary, Civil Society Coalition for Good Governance, Budget and Accountability, Amb. Emmanuel Nkweke, who said this in an interview with The Tide in Port Harcourt also described as illegal all legislations passed by the defected lawmakers.
Amb. Nkweke described the defection as “monkey politics’, queried the rational behind the action of the lawmakers few months after being sworn into office, adding that members of the civil society community were yet to be told reasons for the defection.
“Up till now, we are yet to be told why they defected just few months of being sworn into office. For me, that is monkey politics”, he said.
He urged the lawmakers to go back to their former party and beg Rivers people for forgiveness, adding that if that is done, they may be welcomed back.
Amb. Nkweke also cautioned the lawmakers not to allow themselves to be used to do the bidding of an individual, adding that the present administration in the state needs the support of all to move forward.
Meanwhile, the Executive Secretary of the group has commended Governor Siminalayi Fubara for giving civil societies the latitude to operate freely in the state.
He alleged that civil societies were caged in the last eight years, adding that there was no breathing space for civil societies in the last eight years in the state.
Amb. Nkweke described civil society as the engine room of democracy as it engages in sensitisation on the policies and programmes of government, regretting, however, that their inputs were never taken into considerations.
“Civil societies give signals, civil society creates the awareness and sensitize the people towards achieving a reliable democracy.
‘’i want to let you know, very frankly, that civil society space in Rivers State, for the past eight years, was suffocated. There was no breathing space, they didn’t breathe. Civil society was dead completely”, he said.
Amb. Nkweke said the situation also affected upcoming activists as some of them had to operate from hideouts.

By: John Bibor

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Sack Incompetent Officials In Your Govt, NANS Urges Tinubu

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The National Association of Nigerian Students (NANS) has called on President Bola Tinubu not to condone incompetent personalities in his government.
Addressing newsmen in Abuja, NANS President, Comrade Pedro Obi, expressed concerns about the competence of the Minister of State for Youth Development and the SSA to the President on Student Engagement.
Comrade Obi, after staging a peaceful protest at the office of the Secretary to the Government of the Federation (SGF), reiterated that the NANS will not be intimidated and will continue to fight for the interests of Nigerian students.
He said, “The message is very simple, we have incompetent people who have been appointed to offices. It’s unfortunate and it’s not the President’s fault, of course he believes in Nigerian youths and has also given us the opportunity to showcase our capacity in various roles that he has given us.
“We have the SSA to the President on Student Engagement, who has shown incompetence. He cannot continue to hold that office and we are calling on Mr. President that he should be sacked with immediate effect.
“Also we have the Minister of State for Youth Development. We are also calling that immediately he should be sacked, because he has left what he ought to do and has dabbled into the affairs of NANS.
“These people have displayed incompetence and are destroying the youth community. There are so many competent youths that President Tinubu can pick from.
“NANS can never be intimidated. This is an organisation that we grew up to meet and we will continue to protect the dignity of this organisation.”
Receiving the NANS on behalf of the Secretary to the Government of the Federation, Senator George Akume, the Permanent Secretary, General Services Office in the SGF, Dr. Maurice Nnamdi Mbaeri, assured the NANS of relaying back their complaints to the SGF which he said will land on the listening ears of President Tinubu.
According to him, “I have listened to the complaints you raised. I assure you that your complaints will get to the listening ears of Mr. President.
“Let me assure you that I’m happy this was also re-echoed in the NANS President’s speech that President Tinubu has indebt love for the youths of Nigeria and also for the students of Nigeria. This has been demonstrated by polices that (has) been put in place for the youths.
“I want to assure you that the President has your concerns in his heart and he’s always ever ready to attend to your needs.
“With this, I am going to report back to my boss the SGF, who will take up the matter with the President. I urge you to continue to maintain peace and tranquillity. Don’t do anything that will make Mr. President feel bad about you.”

 

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Ayu Withdraws Case Against PDP Ahead NEC Meeting 

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Former National Chairman of the Peoples Democratic Party (PDP), Dr. Iyiorchia Ayu, has withdrawn the court action he instituted against the party over his controversial removal from office barely two years into his four year  term.
His action has removed legal impediments likely to militate against the emergence of his replacement from the North Central.
Several meetings have been held and being planned following this new development.
On Tuesday, the party’s National Working Committee (NWC) passed a vote of confidence on the Ag. National Chairnan, Amb. Umar Damagum, whom members said has discharged his functions creditably.
It was gathered that the North Central Caucus of the party had long before now started mobilizing to ensure that the zone produces Ayu’s replacement to complete his tenure which expires in 2025.
In a related development, Amb. Damagum has held series of meetings with various groups to perhaps shore up his chances of retaining his seat as acting chairman.
He led the members of the NWC on Wednesday to interact with the PDP National Ex-officio ahead of the NEC meeting.
Immediately after the meeting with them, he led the NWC members to another meeting with the State Party Chairmen from the 36 States, including FCT, Abuja.
The meetings were  held at the NEC Hall, PDP National Secretariat at Wadata Plaza, Wuse Zone 5, in Abuja.

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