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Subsidy Removal: Labour Accuses FG Of Jettisoning Presidential C’ttee On Palliative
The Organised Labour has accused the Bola Tinubu-led Federal Government of jettisoning the Presidential Steering Committee it set up to work out the palliatives among others, to cushion the effects of the subsidy removal that has worsened the socio-economic well-being of Nigerians, especially workers.
Speaking through the Association of Senior Civil Servants of Nigeria, ASCSN, Organised Labour, however, called on the government to declare a state of emergency on insecurity as well as address the transportation difficulties facing workers and other Nigerians in the midst of the high cost of essential services following the removal of subsidy on petrol.
President of ASCSN and a member of the sub-committee of the Presidential Steering Committee on Cost of Governance, Dr Tommy Okon, who spoke during interaction with journalists in Lagos, expressed disappointment at the manner President Bola Tinubu-led administration was handling the planned palliatives to cushion the effects of petrol subsidy removal, on Nigerians, describing it as dictatorial while jettisoning the committee the government set up in the wake of the subsidy removal and organised Labour’s threat to go on strike and mass protest.
He said “The policy of cash transfer by the federal government is not the best for the economy. President Tinubu should have allowed the fuel subsidy committee to submit its report before taking action on palliatives. Why were we (organised Labour) invited to be part of the subsidy removal palliative committee when our opinion will not be considered? I am a member of the sub-committee on cost of governance. I can tell you for free that we have not even met once. We are not happy at all.
“The cash transfer policy is an International Monetary Fund, IMF, and World Bank idea. In fact, it was N5,000 the IMF and World Bank gave the government as a template. When the government brought it to our meeting with them, we rejected it. Even if it is N20, 000 or more, it can’t solve anything. How can the IMF and the World Bank be borrowing us money and also telling us how to spend it, not even in the productive sector of the economy, but to share with some people based on the IMF and World Bank’s template.
On the recent declaration of emergency on Food, he argued that the declaration of a state of emergency on food by the government would have little or no impact until the worsening insecurity in the country was checkmated.
He said “Mr President has declared a state of emergency on food. But that would not guarantee food security because farmers are being chased away from their farms. In some parts of Niger State, for example, farmers are being made to pay terrorists to access their farms. Labour will also want to see a palliative that addresses the transportation difficulty faced by Nigerians as a result of the hike in petrol pump prices which has triggered unprecedented increases in transportation fares across the country. So, if the government focuses on mass transportation, such a move will have a positive spillover effect that will cushion the challenges associated with the removal of fuel subsidy.
“The major challenge we are having now is on transportation because once it is taken care of, it will reduce the cost of goods and services. Alternatively, the government can also cluster those in the informal sector, who are into productive ventures, and then pump money into them; that will have a turnover effect that will make them employers of labour, which can also checkmate and reduce unemployment. It can also give them the capital they need and economic strength, which is money.”
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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