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Stay Away From N17trn Pension Fund, NLC Warns Govs

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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.

 

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NUT Tasks NASS On Teachers’ 65 Years Retirement Age Bill Passage

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The Nigeria Union of Teachers (NUT), has urged the national assembly to expedite action on passage of the Harmonised Retirement Age for Teachers in Nigeria Bill 2021.
The Secretary-General of NUT, Dr Mike Ike-Ene, made the appeal in an interview with The Tide yesterday in Abuja.
He said the passage of the bill and its eventual signing into law by the President would go a long way in giving teachers the hope that their profession was being given the needed attention.
Ike-Ene said the hope of passage of the bill on June 30, having been mentioned on the Order Paper, was dashed because of the controversy that followed the debate on the Petroleum Industry Bill, now an Act.
“We are expecting that as the national assembly has resumed, the bill will be one of the first few bills to be passed.
“We expected the bill to be passed on June 30 concurrently by the two houses having been mentioned on the Order Paper but the debate of the Petroleum Industry Act and debate of the Electoral Reform Bill took the day.’’
The Secretary-General commended the National Assembly for its commitment to ensuring conclusion of work on the bill.
He expressed optimism that when passed, President Buhari would not hesitate in signing it into law.
He thanked the President for the effort to reposition the teaching profession, saying the union had been in the forefront in the struggle for elongation of tenure for teachers, among other things.
According to him, we have actually been fighting for some of the things the President promised to do for teachers, for instance, the elongation of years.
“We have been agitating for 65 years retirement age or 40 years by service and one of the reasons for the agitation is that we discovered that about 26 states did not recruit a single teacher for over 20 years.
“Yet teachers were retiring in their dozens, in hundreds and more deaths were being recorded as a result of the growing insecurity, particularly in schools.
“Some died naturally, others were resigning, yet teachers were not being employed.”
He further said, “We have also been agitating for Teachers Special Salary Structure (TSS) but hazard allowance was granted instead.
“The hazard allowance accumulated to 27.5 per cent of the basic of teachers’ salaries which were not what we were agitating for.
“We thank God that the Buhari’s administration has promised to implement the TSS and since that pronouncement, NUT, government and other stakeholders have been working to ensure implementation.’’
Ike-Ene disclosed that the promise made to teachers by the president would be implemented at different levels, stressing that while some would be passed into law, others would be implemented as policies.
President Muhammadu Buhari had in June, transmitted a letter on a Bill to increase the retirement age for teachers from 60 years to 65 years.
The Bill also seeks to extend the years of service for teachers from 35years to 40 years.
Meanwhile, the president at the commemoration of the World Teachers Day on October 5, 2020, approved a special salary scale for teachers and special pension scheme.
He also said the Tertiary Education Trust Fund (TETFUND) will begin to fund teaching practice in universities and colleges of education.
He further promised to ensure provisions for rural posting allowance, science teachers allowance and peculiar allowance.
The president also promised sponsorship of at least one refresher training, construction of low-cost housing for teachers in rural areas and reintroduction of bursary award.
Other promises are, expansion of the annual Presidential Teachers and Schools Awards and payment of stipends to Bachelor of Education students and automatic employment after graduation.

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Traffic Congestion: FG Builds Three Flyovers, Interchange

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The Federal Government is collaborating with Ogun State Government to secure the Right of Way (RoW) for the construction of three bridges and an interchange on the Lagos-Ibadan expressway.
The Minister of Works and Housing, Mr Babatunde Fashola, said this during an inspection of the highway last Wednesday.
Fashola, who was joined by Gov. Dapo Abiodun at the Lotto Bridge under construction, said the highway accommodated over 40,000 vehicles daily, hence the urgent need for additional flyovers and interchanges for decongestion.
The bridges are under construction at Makun, MFM and Lotto (Mowe) areas on the Lagos-Ibadan expressway.
“We are trying to execute an interchange that will separate the main carriageway and give commuters choice, especially those going to religious places to worship, those going to universities and so on and so forth.
“So that what used to cause the congestion is limited to the barest minimum if not totally eradicated when the road is finished.
“So, we now require additional land to build the interchange, that is why I called the governor (Dapo Abiodun),” he said.
He said that the Buhari administration inherited several stalled projects which he was committed to completing by adequately funding the projects
Fashola expressed satisfaction with progress of work on the ongoing reconstruction/rehabilitation of the Lagos-Ibadan Expressway.
On his part, Gov. Abiodun assured that the state government would give all the land and support needed.
Earlier, the Federal Controller of Works in Lagos, Mr Olukayode Popoola, gave the measurements and dimensions needed for the bridges and interchange.
Popoola also gave details on the number of buildings and services on the Right of Way of the bridges which, without paying compensations, would stall the project.
He said that section one of the Lagos-Ibadan Expressway project, which spans from Ojota in Lagos to Sagamu Interchange, “has achieved 56 per cent completion”.
Also, during inspection of section two of the project, which spans from the Sagamu Interchange to Ojoo in Ibadan, the Federal Controller of Works in Ogun, Mr Umar Bakare, said that the section was 63 per cent completed.

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NEDC Flags Off Construction Of 500 Housing Units In Bauchi

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North-East Development Commission (NEDC) in collaboration with the Bauchi State Government has commenced the construction of 500 mass housing units in Bauchi, to address housing deficit in the state.
NEDC’s Managing Director, Alhaji Mohammed Goni-Alkali, stated this at the ground breaking ceremony of the project yesterday in Bauchi.
Goni-Alkali said that 300 houses would be built in Bauchi metropolis while 200 others would be spread across the 20 local government areas of the state.
According to him, the project is to ease the accommodation problems as well as fast track the rapid social and economic development of the state, to mitigate the devastation caused by the insurgency.
Goni-Alkali said that the commission had so far constructed 1,000 housing units in Marte LGA of Borno, adding that the houses had been handed over to the state government.
He said that the commission would also construct one primary school in each of the senatorial districts across the six states in the region, to promote educational development.
The managing director said that the commission had presented food and non-food items to the Bauchi State Government for distribution to the Internally Displaced Persons (IDPs).
He listed the items to include 10,000 bags of rice; 2,000 bags of sugar; 10,000 gallons of palm oil; 3,000 cartons of pasta; 2,000 blankets; 2,000 plastic mats and 1,000 mosquito nets.
In his remarks, Gov. Bala Mohammed, lauded the impact of the commission in the North-East with regard to the construction of schools and roads.
Mohammed also commended NEDC for the provision of other essential services since inception in 2019.
He said that the commission had constructed one block of six classrooms each across the 20 local government areas of the state.
“We have recieved the intervention of the commission in health and agriculture,” he said.
Mohammed promised to distribute the donated items judiciously to the deserving families.
The Goni-Alkali and other officials of the commission would inspect road projects in Alkaleri and Kirfi, and  Visco Vaginal Fistula (VVF) Centre in Ningi

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