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.
Nation
HYPREP Marks 15 Years Of UNEP Report, Highlights Major Cleanup Milestones
The Hydrocarbon Pollution Remediation Project (HYPREP) has commemorated the 15th anniversary of the release of the United Nations Environment Programme (UNEP) Environmental Assessment Report on Ogoniland, reaffirming its commitment to restoring the environment and improving the livelihoods of affected communities.
In a statement signed by the Project Coordinator, Prof Nenibarini Zabbey, to commemorate the anniversary, HYPREP described the anniversary as a significant milestone in Nigeria’s environmental restoration efforts, noting that the project has made remarkable progress in implementing the recommendations of the landmark UNEP report released on August 4, 2011.
The UNEP report had revealed extensive oil pollution across Ogoniland, severe environmental degradation, and serious public health risks resulting from decades of petroleum operations. It also recommended an initial $1 billion fund to commence the cleanup of the affected communities.
According to HYPREP, the Federal Government formally launched the Ogoni clean-up in 2016, while the Project Coordination Office was established in 2017 to drive the implementation of UNEP’s recommendations.
Zabbey said the current administration has continued to prioritise the project under the Renewed Hope Agenda.
Providing an update on the cleanup, the Project Coordinator disclosed that 30 of the 65 contaminated sites identified by UNEP have been fully remediated, while work is ongoing at several medium- and high-risk locations. It also stated that more than 1.5 million mangrove seedlings have been planted as part of what it described as the world’s largest restoration of oil-degraded mangroves, with over 1,000 hectares of shoreline already rehabilitated.
Zabbey further revealed that 49 Ogoni communities have been connected to potable water schemes through multiple water projects and booster stations aimed at providing safe drinking water across the region.
In the health sector, he said the 100-bed Ogoni Specialist Hospital in Kpite and the 43-bed Cottage Hospital in Buan are nearing completion, adding that several existing health facilities have been upgraded with modern medical equipment, while five ambulances have been donated to improve emergency healthcare services. The Project Coordinator also disclosed that a three-year human health biomonitoring study is being conducted in collaboration with the World Health Organization’s International Agency for Research on Cancer (IARC).
On economic empowerment, Zabbey stated that the Project has created more than 8,000 direct jobs and trained thousands of Ogoni youths and women in various vocational and technical skills, including software development, cybersecurity, aviation, commercial diving, seafaring, mechatronics, and creative arts. The project also reported awarding scholarships to more than 1,000 students, providing grants to small businesses, and supporting persons living with special needs through skills acquisition programmes.
The statement further highlighted ongoing legacy projects, including the Ogoni Power Project and the Centre of Excellence for Environmental Restoration, which it said is about 96 per cent complete. HYPREP also welcomed the recent designation of the Ogoni Wetland as a Ramsar Site of International Importance and pledged to continue promoting biodiversity conservation and sustainable management of the ecosystem.
Marking the anniversary, Zabbey said the progress achieved over the past 15 years demonstrates the collective commitment of government, development partners, stakeholders, and local communities to restoring Ogoniland. He called for renewed collaboration to sustain the cleanup effort, promote environmental sustainability, and support the long-term development of the region. 3
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