Niger Delta
NLC Seeks Remittance Of N35bn Pension Fund To PFAs
The Nigeria Labour Con
gress (NLC), has called on the Federal Government to remit N35 billion contributory pension fund deducted from workers’ salaries to the respective Pension Fund Administrators (PFAs).
The NLC President, Mr Ayuba Wabba, made the call at the opening session of the congress’ Three-day National Leadership Retreat in Calabar.
“Deductions that were made for the past few months by the Office of the Accountant General of the Federation have accumulated to N35 billion. Deductions from workers and employers have not been remitted to the PFAs.
“This has posed a serious challenge to the effective implementation of the contributory pension scheme.
“This is the very key because the pensioners must be taken serious, side by side addressing the issue of corruption. This must be taken seriously.’’
He said NLC had taken the lead and written officially to Mr President to intervene and ensure that the fund was remitted to PFAs and Managers promptly and immediately.
He urged Mr President to direct the affected ministries, agencies and parastatals, to immediately remit the funds without further delays to the respective PFAs.
Wabba said the NLC National Executive Council (NEC), received reports about some states defaulting in the payment and remittance.
He said the congress had mandated its leadership to mobilise workers to ensure that the arrears of workers salaries, allowances and pensions were paid by the affected states.
Wabba said the federal government could not afford to be listed among the debtor bodies. “It has to lead this exercise by sheer force of example’’, he said.
He also said that there was need to review the rate of patronage of the Trustfund PLC, in which NLC has 10 per cent share.
On the fight against corruption by President Buhari, the NLC president said corruption had eaten deep into the body polity.
Wabba said that NLC National Executive Council and its National Administrative Council have resolved to team up with Mr President against corruption in the country.
“Come, September 10, organised labour is going to champion a cause to ensure that we strengthen the hands of Mr President and all our elected officers to do what is needful.
“This is to make sure that all corrupt officers – be they in service or out of service –are brought to justice. Not only that, those funds must also be recovered.
“So, it is going to be one of the rallies we call mother of all rallies and I urged all of us to commence preparations to ensure that we make success of this pronouncement .
“This is because if we do not kill corruption, corruption will kill all of us.
“ Therefore, we should not allow corrupt people to subvert the process’’, he said.
Speaker of the House Representatives, Mr Yakubu Dogara, pledged the support of the House to the organised labour for the planned rally.
The speaker, represented by Rep. Sani Zoro, said the House would provide legislative support towards employment generation in the country.
The retreat has as its theme: Returning to our Founding Principles: The NLC and The Challenges facing it.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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