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Business News

Defunct NITEL/MTEL pensioners get N842.8 million arrears 

No less than 11,331 pensioners have been paid N842.8 million by the Pension Transitional Arrangement Directorate (PTAD).

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Defunct NITEL/MTEL pensioners get N842.8 million pension arrears 

No less than 11,331 pensioners have been paid N842.8 million by the Pension Transitional Arrangement Directorate (PTAD). The one-month pension arrears was reportedly paid to the pensioners of the defunct NITEL/Mtel in December 2019.

This was disclosed in a statement released by the Executive Secretary of PTAD, Dr Chioma Ejikeme.

Defunct NITEL/MTEL pensioners get N842.8 million pension arrears 

NITEL-MTel retirees

According to Ejikeme, the payment was part of the commitment of the Federal Government to reduce inherited pension liabilities, assuring pensioners that their welfare remains a priority to President Muhammadu Buhari’s Administration.

The PTAD secretary made known that the Directorate had made its mandate clear before the commencement of the exercise. The NITEL/MTEL verification exercise, which started in February 2018, was for the purpose of verifying and enrolling eligible pensioners for the purpose of payment of monthly pension. This, she said is in line with the provisions of the Pension Reform Act (2014).

“This was what the Directorate did in the cases of Delta Steel Company (DSC), Nigeria Reinsurance, Federal Housing Authority (FHA), NICON Insurance and Nigerian Defense Academy (NDA) civilians.

 “The pensioners who have served the country meritoriously in their various capacities deserve to be treated with respect and dignity. This is why PTAD staff and management will continue to work towards ensuring that the pensioners receive their pension entitlements as and when due,” Ejikeme said, as reported by The Nation.

[READ MORE: Protesters trap Finance Minister as Nigerian Airways pensioners take fight to Abuja)

Speaking further, Ejikeme expressed the pleasure in the completion of the Parastatals Pensioners Verification Exercise across the country and praised the staff for their hard work and dedication in the discharge of their responsibilities during this time. She concluded by assuring them that she would, among other things, be guided by passion, transparency, accountability and drive which are the core values of the Directorate.

About PTAD: Empowered by Section 30, Sub Section (2a) of the Amended Pension Reform Act, 2004, the Pension Transitional Arrangement Directorate (PTAD) was established to address the numerous pensioners’ complaints. These complaints or issues include non-payment of monthly pension, short payment of pension and gratuity, removal of name on pension payment voucher, non-payment of harmonized pension arrears, irregular payment of federal pensions and non-receipt of pension after retirement to name a few.

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - [email protected]

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Coronavirus

Update: Health Minister states side effects of COVID-19 vaccines

Dr. Osagie Ehanire has disclosed the side effect of the COVID-19 vaccines.

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Nigeria to vaccinate 20 million people against Covid-19. Chinese Engineering firm donates medical supplies to Nigeria

Minister of Health, Dr. Osagie Ehanire has stated the side effects of the COVID-19 vaccines, which he said is mild.

The minister disclosed this during the live broadcast when President Muhammadu Buhari took his vaccine shot on Saturday.

According to the Minister, the reactions are usually mild and only few people had complained of mild pain in the part of the body they got the shot.

He said, “It is not everybody that complained of reactions/side effects but few had complained of mild pain at the part of the body they got the shot.

”Usually manufacturing vaccines take not less than 4 years but this only took about 1 year, which is the reason some people are apprehensive about the vaccines. This was manufactured in the United Kingdom and has been certified.”

Ehanire, explained that the jab is painless as a narrow gauge syringe was used with a small quantity injected in the upper arm.

He added that the after-effects are mild but accompanied by little discomfort in the area that was injected.

Present at the brief ceremony were the Secretary to the Government of the Federation (SGF) Mr Boss Mustapha; Minister of Information and Culture, Alhaji Lai Mohammed; the Chief of Staff to the President, Professor Ibrahim Gambari and other members of the Presidential Task Force (PTF) on COVID-19, senior government officials and journalists.

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Coronavirus

Update: President Buhari, VP Osinbajo get COVID-19 vaccine shots

President Buhari and VP Osinbajo have been vaccinated against COVID-19 on Saturday at the State House, Abuja.

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President Muhammadu Buhari and Vice President Yemi Osinbajo have been vaccinated against COVID-19 on Saturday at the State House, Abuja.

President Buhari and VP, who received his COVID-19 vaccine shot on Live TV broadcast, urged Nigerians to emulate him and do the same to curb the pandemic in the most populous black nation.

 

Both were administered their jabs, on Saturday morning, at the Banquet Hall of the presidential villa, Abuja at a ceremony broadcast live on national television.

Their inoculation followed their e-registration and filling out of their vaccination cards by the Executive Director of the National Primary Health Care Development Agency (NPHCDA), Faisal Shuaib.

Vaccination of Buhari was done by Chief Personal Physician to the President, Dr Suhayb Rafindadi.

Osinbajo was also vaccinated by his personal physician, Dr Nicholas Audifferen.

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