Nation
Stay Away From N17trn Pension Fund, NLC Warns Govs
The Nigeria Labour Congress (NLC) has warned state governors to shun the temptation to borrow from the N17trillion pension fund for infrastructure.
The NLC vowed to mobilise Nigerian workers nationwide to protest any move by the governors to borrow from the money, say it was the retirement benefit of workers.
President of the NLC, Comrade Ayuba Wabba, said this at the 47th National Executive Council (NEC) meeting of the Medical and Health Workers’ Union of Nigeria (MHWUN), yesterday in Abuja.
The Nigeria Governors’ Forum had endorsed two proposals to borrow a total of N17trillion from two sources for infrastructural development.
The governors took the decision after receiving a briefing from the Kaduna State Governor, Mallam Nasir el-Rufai, who is the chairman of the National Economic Council Ad-Hoc Committee on Leveraging Portion of Accumulated Pension Funds for Investment in the Nigeria Sovereign Investment Authority.
El-Rufai briefed the forum on a proposed National Infrastructure Investment Fund, saying a total sum of N2trillion at nine per cent interest could be accessed through the NSIA.
But Wabba warned that the pension fund which was the savings of workers ahead of their retirement from active service must not be tampered with.
The NLC President said the state governors had no authority over the money, which he said, was largely made up of contributory funds from federal and private-sector workers.
He lamented that with over 18 state governments’ still delaying implementation of the new national minimum wage for workers; it was unheard of that same governments would want to borrow the pension money, a contributory fund of workers.
Wabba said: “Pension money is not for borrowing, pension money is in the retirement savings of workers it cannot be borrowed. It’s like money in your savings account that nobody can borrow the money.
“You must go through the bank and in this case, you must go through the PFAs and their guidelines; even the guidelines they want to play down but to the glory of God, the board of PENCOM commission has been constituted.
“I stand here to represent all of you, we are not going to agree; less than 5 per cent of the states are keying into the contributory pension yet they want to borrow the money. The bulk of the money is from Federal Government workers and private-sector workers so how do you want to borrow from where you have not sown?
“It’s not free money and let me sound a bit of warning, any day that we hear the pension fund, our money has been borrowed, I will declare a protest and everybody is going to be on the streets to protect our hard-earned money.
“The money belongs to workers, we contribute that money so that when we retire we can have something for retirement so they have no say whatsoever, both the principal and the capital belongs to us.
“Let me sound a warning to assure all of you workers from across the length and breadth of this country, to say that our money will be safe. We will do everything possible to ensure that nobody comes to dip his hands into the money. We are not going to allow our standards to be lowered than what obtains in other climes.”
On his part, the National President of MHWUN, Comrade Biobelemoye Josiah, condemned the Federal Government’s involvement in scuttling strike actions through the use of some Non-Governmental Organisations (NGOs), stressing that workers have legal rights to embark on industrial actions to drive home their demands.
“In a plethora of cases, the courts have affirmed the right of the workers to embark on strike; that strike is a legitimate weapon available to the trade unions to ventilate their grievances, especially when the provision is S.41 of the Trade Dispute Act bordering on a number of days has been compiled with.
“I would, therefore, appeal to the Federal Government to enrich our industrial relations practice through the interplay of the relationship between the management (government) and the workers (trade unions) rather than scuttling the relationship through a 3rd party interloper represented by the NGOs,” he said.
The Alliance Française Port Harcourt in conjunction with the Embassy of France Nigeria over the weekend joined the globe to campaign against the 2025 gender- based violence (GBV) with the theme: “16 Days of Activism Against Gender- Based Voice”
The event which took place at the event Hall of the Alliance Française Port Harcourt was in collaboration with the Female in Gaming Network, ( FIGN) and partnership with Nexal a body that seeks to promote online safety and responsible digital behaviour.
The Tide reports that the project which was aimed at promoting digital safety and girls inclusion in Gaming, with the initiative tagged ‘Gameover Gender- Base Violence’was part of the global campaign against gender- based Violence.
The activity which experienced a flavour of festivity was full of fun and excitements as participants took part in tournaments on popular digital games such as Mario kart and EAFC 25, with an intent to creating safer and more inclusive digital spaces.
The Director of the Alliance Française Port Harcourt, Mrs Marina Lacal said that these activities were designed to encourage inclusion of girls, team work and fair play on online gaming spaces, saying that the gaming world reflects these inequalities, where female players are often under represented.
According to her the main objectives of the initiative was to provide a supportive environment for girls and female in gaming network.
“GameOverGBV” is a project created to reshape this landscape by offering an innovative inclusiveness of girls on online digital Gaming community and digital environments that provide opportunities for creativity, learning and connection, but also fight against Gender-Based Violence Digital Gaming,”she said
She however, explained that the Digital Game, sport competitions, was launched to strengthen social and digital skills through games, workshops, and raise awareness among all young participants about respect, equality and digital citizenship.
The Tide News reports that in Port Harcourt, the competition brought together 100 young participants from three major universities: University of Port Harcourt, ( UNIPORT),Ignatius Ajuru University of Education(IAUE) and Rivers State University (RSU)as well as students from four selected secondary schools, Oginigba comprehensive Secondary.School, Vine lnternational, Virgo predicanda lnternational, and Excellent Montessori Secondary school.
“This is an approach where girls and boys can learn, play and collaborate in a more respectful and safe space for young women, while ensuring a safe, enjoyable and respectful digital environment. It also expose young women to cyberbullying, exclusion, sexist comments and online hate,” Mrs. Lacal said.
Earlier, a game developer Sophia Nei and her. team had engaged participants in an interactive session with the theme: “Can Video Games Be Safe Spaces For Girls?”
However, Mrs Nei and her team educated the girls on the benefits and violence on online digital gaming and urged them ( participants)to learn to say ‘No’ to Online hate, sexist and cyber bullying, while encouraging them(students) to stand up for themselves by reporting such issues to the appropriate authority.
Highlight of the competition was the awarding of prizes to winners by the Director of Alliance Française, Mrs Marina Lacal.
