Rivers
Board Moves Against Fake Pension Administrators
The Rivers State Pension Board says it would close down sub-standard and unregistered Pension Fund Administrators (PFAs) in the state before June this year.
The Chairman of the Board, Mrs. Edna O. Alekor disclosed this last Thursday at the Sensitisation and Enlightment Programme on the contributory pension scheme organised in Port Harcourt.
Mrs. Alekor said the board has already concluded plans with the Pension Commission (PenCom) in the state to ensure that pension agencies that do not have the requisite capital in its accounts are phased out of the state.
She called on all pension fund administration agencies in the state to comply with the rules and regulations of the National Pension Commission (PenCon), saying that the board would strictly supervise and screen all agencies before June 2012 to ensure sanity in the new system.
Mrs. Alekor who restated the genuineness and transparency of the new pension scheme noted that there was a lot of fraud in the former system.
The Chairman opined that the new pension scheme would erase the challenges of delayed payment after retirement.
According to her, the new system is to empower individual contributors and to ensure that retirees received their pension benefits as and when due.
She also explained that the pension scheme was to ensure that retirees have individual Retirement Saving Accounts (RSA) where workers contributions would be paid into every month as pension fund.
Speaking at the occasion, the Chairman, Rivers State House of Assembly Finance Committee, Hon. John Josiah Olu said the Pension Reform Act, which was passed into law in 2004 is to ensure that money contributed by workers was insured for immediate payment after retirement of both public and private workers in the state.
He said the state House of Assembly was committed to ensuring that the new board was monitored strictly to remove the challenges that killed the former system.
He assured all workers, especially civil servants in the state that the issue of delayed pensions payment would be over as the new board was committed to ensuring workers benefited from their pensions, immediately they retired.
Enoch Epelle
Rivers
UNIPORT Moves To Tackle Insecurity … Inducts Security Experts
The University of Port Harcourt, has taken a significant step towards addressing the issue of insecurity in Nigeria by producing security experts through its Institute of Niger Delta Studies (INDS), with the institute inducting its first graduating students into the Nigerian Institute For Industrial Security (NIIS), with the General Officer Commanding (GOC) of the 6 Division of the Nigerian Army, Major General E E Emekah, delivering a quality lecture on the topic, “Promoting Blue Economy In The Niger Delta: The Place Of Security”.
In his lecture, Major General Emekah emphasised the importance of security in promoting the blue economy in the Niger Delta region.
He noted that the activities of the Joint Tasks Force (JTF) are geared towards maintaining peace on Nigerian waterways and promoting productivity, and also stressed the need for a non-kinetic approach to security operations, winning the hearts and minds of the communities, and collaborating with security personnel to fight insecurity.
The GOC charged the inductees to ensure that their study/training provides practical solutions to the pressing security challenges facing the Niger Delta and Nigeria as a whole.
He emphasised the significance of their studies in UNIPORT, given the prevailing security threat to lives and property, especially on Nigerian waterways.
The Acting Director of INDS, Dr. Chukwu-Okeah, expressed satisfaction that the occasion marks a new milestone in the history of the institute, noting that the Niger Delta has been besieged with environmental and security challenges, and it is time to rise up and build the region through the blue economy ideology.
The blue economy, he explained, emphasises the sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of the ocean ecosystem.
He described the blue economy as the new oil well, with the potential to drive economic diversification, job creation, food security, and climate resilience in the region.
One of the inductees, Ayuba Tanimu noted that security is dynamic, and continuous learning and research have equipped them to serve their communities and Nigeria well.
He described the Nigerian Institute For Industrial Security (NIIS) as a body of security professionals that meets annually to craft security policies for the country.
The programme, which attracted prominent individuals from the academia, security, and other sectors had the 7th Vice Chancellor of the University of Port Harcourt, Prof Joseph Ajienka, as its chairman.
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