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Acting Pencom DG responds to allegations by House of Reps

The acting Director-General, National Pension Commission, Aisha Dahir-Umar has dispelled claims that the non-composition of a board for the commission was affecting the management of the fund.

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PenCom, unremitted pensions, Lagos State Pension Commission, LASPEC, Pension Fund Assets, PFAs make N1.69 trillion ROI  

The acting Director-General, National Pension Commission, Aisha Dahir-Umar has dispelled claims that the non-composition of a board for the commission was affecting the management of the fund.

Dahir-Umar who refuted the claim during a submission made at a hearing organised by an ad hoc committee of the House of Representatives set up to investigate the activities of PenCom, also stated that the Pension Fund Assets are safe and secure.

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While addressing the situation, Dahir-Umar assured the public that the Pension Fund Assets which stood at about N8.63 trillion as of December last year was not under any form of threat as being widely speculated.

Adding that the commission had a robust framework to ensure that the fund was not tampered with in a manner that would affect its sustainability.

“We have studied the house resolution and we discovered that the following allegations are levelled against the commission.

“Our submission is that the allegations are all false, unfounded. The facts on ground do not in any way indicate any case of contravention of the Pension Reform Act 2014 by the commission.

“We strongly believe the House does not have the right information and we believe that given the right information, the House will disregard the allegations before it.”

Impasse in appointments

Aisha Dahir-Umar responded to the impasse in appointments claim by quoting Section 19(3) of the PRA 2014, stating that only the President had the power to appoint the Chairman, Director-General and the four commissioners for the PenCom board which was subject to confirmation by the Senate.

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She said no individual in the commission could influence appointment, stating all other members of the board were institutional representatives.

“The career members of staff in the commission have no say or influence on the decisions taken by the President or the legislature towards this matter.

“We are, therefore, at a loss to how we have been accused of creating this impasse. It is, therefore, incorrect to allege that the current transitional management is stalling the resumption of the board of the Commission. If anything, we can’t wait for their arrival.”

Illegally increase of directorates

Aisha Dahir-Umar disclosed that the current organogram of the Commission was approved by the board at its 46th meeting held on June 12, 2015, with a structure of five Divisions and 20 Departments. She made this comment while reacting to the illegal increase of directorates.

“Consequently, it is incorrect to state that additional directorates have been created by the Commission during the current transitional period.

“Furthermore, the Commission has not recruited any additional director since the beginning of the transitional period in April 2017 to date.

“What happened was a normal and duly approved promotion exercise for career members of staff of the Commission, where three Deputy General Managers were promoted to the grade of General Managers after duly satisfying the established criteria in accordance with the terms and conditions of their employment.”

However, in the absence of a functional board of the Commission, Aisha Dahir-Umar disclosed that the Report of the Annual Staff Performance Appraisal exercise, containing recommendations for promotion to General Manager and other grades, was approved by the Secretary to the Government of the Federation on April 18, 2018.

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This, she noted, was consistent with the provision of Section 17(5) of the PRA 2014 and Section 9 of the First Schedule to the PRA 2014, as well as the President’s directive of July 16, 2015 to all Ministries, Departments and Agencies whose boards were dissolved that issues requiring approval of boards should be sent to him for decision through the respective supervising ministries.

Patricia

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: [email protected]

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Energy

FG approves new board for NLNG, BGT

The change was necessary because the current board members had been in office since 2005.

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Federal Government has approved the newly reconstituted boards of Nigeria Liquified Natural Gas(NLNG) and Bonny Gas Transport Limited (BGT).

This was disclosed in a statement issued by the Minister of State for Petroleum Resources, Chief Timipre Sylva, in Abuja on Monday.

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According to him, the new board, which was approved by President Muhammadu Buhari, was necessary because the current board members had been in office since 2005.

He disclosed that the new board members for the NLNG include Dr Edmund Daukoru as Chaiman, Mr Henry lkem-Obih as a Member and Dr Rabiu Sulaiman as a Member.

Other Members include the Group Managing Director of the Nigerian National Corporation (NNPC), Malam Mele Kyari and the Permanent Secretary, Ministry of Petroleum Resources, Mr Bitrus Nabasu.

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He also said that Daukoru was also approved as the President of the Board of BGT while Doyin Akinyanju and Abdul Abba are members.

The minister noted that Kyari and Nabasu were also members of the board.

“I will like to use this opportunity to thank the chairman and other outgoing board members of NLNG for steering the companies to record successes, particularly the Train 7 FID.

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“l wish the exiting members good health and more successes in their future endeavors.

“To the incoming members of the board, I congratulate you on this appointment; your selection is based on your experience, integrity and expertise.

“I, therefore,urge you to bring all these to bear in the discharge of your responsibilities in line with the progressive agenda of Mr President,” he said.

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The News Agency of Nigeria(NAN) reports that some of the new board members had worked in the industry in the past.

Daukoru was a former Minister of State for Energy and also Secretary General of the Organisation of the Petroleum Exporting Countries in 2006.

He became the Amayanabo, or traditional ruler, of Nembe Kingdom in 2008.

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Also, Ikem-Obih was a former Chief Operating Officer, Downstream of the NNPC and Rabiu a former Group Executive Director at the corporation.

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Hospitality & Travel

Passengers can now arrive 90 minutes before departure for domestic flights – FG

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international passengers, Coronavirus: FG enforces immediate screening of travellers at airports with new directive

The Federal Government has announced the reduction of arrival time for passengers from three hours to one hour and a half before departure for domestic flights.

This was disclosed in a tweet post by the Minister for Aviation, Hadi Sirika, through his Twitter handle on Monday, July 13, 2020.

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The minister said that the decision was arrived at after they have reviewed passenger facilitation at the airport while noting that passengers should check-in online.

In the tweet post, Sirika said, ‘’My colleagues and I have reviewed passenger facilitation at our airports, consequently I am happy to announce that, henceforth travellers are to arrive one hour and half before their departure time for domestic flights. Travellers are advised to check-in online, please.’’

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It can be recalled that the Federal Airports Authority of Nigeria (FAAN) had earlier in June issued flight resumption protocol for both international and local passengers across the country, advising passengers to arrive at the airport three hours before their time due to the new COVID-19 safety checks for domestic flight operations and five hours for international flight operations.

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Economy & Politics

Seyi Makinde Proposes N3 billion investment plan for water supply

The local governments in Oyo are advised to submit a list of 10 faulty boreholes in the LG. 

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Seyi Makinde Proposes N3 Billion plan for water supply

The Governor of Oyo State, Seyi Makinde announced the proposal of a N3 billion investment plan dedicated to water supply in rural and urban areas of the state.

Speaking through the Chairman of Rural Water Supply and Sanitation Agency (RUWASSA), Mr. Najeem Omirinde in Ibadan on Monday, he added that N500 million of the N3 billion would be used for repairing broken and faulty state-owned boreholes.

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All Chairmen of each of the Local Governments in Oyo are advised to submit a list of 10 faulty boreholes in the Local governments.

The Oyo State governor also ordered that all new boreholes must be compliant with solar-powered pumps, to enable their longevity and save costs.

Urging residents to patronize the agency if they need to dig up boreholes for water, citing that it would be cheaper if done through the state agency than with private drilling companies.

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Minister of Finance, Zainab Ahmed stated last year that Nigeria needs an estimated N36 trillion annually for the next 30 years to solve Nigeria’s infrastructure problem. The investment, although a tiny fraction of what Nigeria needs is a bold step by the Oyo State government.

 

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