Connect with us

Others

EFCC Plans National Workshop On Eradicating Pensions Fraud – Spokesman

Published

on

The Economic and Financial Crimes Commission (EFCC), in collaboration with stakeholders in the Pension industry, is to hold a two-day sensitization workshop on, “Eradication of pension fraud in Nigeria”, from October 5 to 6 in Abuja.

The Commission’s spokesman, Mr. Wilson Uwujaren, who announced this in a statement made available to the newsmen, on Tuesday, in Ilorin, added that the event had been scheduled for the NAF Conference centre, Abuja.

He said that the workshop aimed to serve as a platform for sensitization and practical exchange of information, on how to eradicate pension fraud in the country.

Uwajaren quoted the EFCC Chairman, Abdulrasheed Bawa, as saying that the workshop would help highlight the areas of corrupt practices in pension administration and collectively develop strategies to curb the menace, which is threatening the country’s pensions industry.

The spokesman said that the Secretary to the Government of the Federation, Boss Mustapha, anti-corruption agencies, Legislators, and the National Pension Commission (PenCom) were expected to grace the occasion.

Other participants expected at the workshop include; officials from the Military Pensions Board; Police Pensions Board; Pension and the Records Office of the Head of Civil Service of the Federation.

Also, expected are the Federal Ministry of Finance; Budget Office; National Union of Pensioners (NUP); Pension Transitional Arrangement Directorate, (PTAD); Retirement Benefit Advisors; Pension Fund Administrators and Civil Society Organisations.

60 / 100

Trending News

Fuel Subsidy Removal: Senate President Begs NLC, TUC To Abort Protest

Published

on

President of the Senate, Ahmad Lawan, has urged the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, to “abort” the planned protests against the Federal Government’s proposed removal of fuel subsidy.

Ahmad Lawan made the appeal on Monday when he met with the Minister of Finance, Budget and National Planning, Zainab Ahmed; and the Minister of State for Petroleum Resources, Timipre Sylva, over the planned removal of subsidy on petroleum products by the Federal Government.

Lawan faulted the timing for the planned removal of subsidy on petroleum products.

He stated that in as much as the administration and management of subsidy on petroleum products are flawed, President Muhammadu Buhari-led government believes that sufficient planning must be carried out before its eventual removal.

He said, “The position of everyone in government today is that admittedly, subsidy administration and management are flawed because of so many reasons.

“Admittedly, the burden is huge and massive and there is a need at one point to do away with the subsidy.

“Even though our economy is growing, we still have the challenge of getting things to be better for our people.

Fuel Subsidy Removal: Senate President Begs NLC, TUC To Abort Protest

“A lot of us in this administration believe that the issue of removal of subsidy should be handled with utmost care, especially that sufficient planning needs to be done.

“It is not about NLC, we are talking about every Nigerian. We are concerned beyond the Nigeria Labour Congress.

“I am taking this opportunity to appeal to the TUC and NLC to shelve this plan to go on strike or demonstration, it is totally unnecessary.

“There is not going to be a removal of subsidy, so there is no need for this. Please, let’s not create unnecessary tension where there should be none.

“I appeal to them using this medium, to please forget about this January 27, 2022, deadline because there is no need for any deadline.”

68 / 100
Continue Reading

Others

Leading Oil Firm, Oando Plc Ensures Gender Equality

Published

on

Oando Plc

Globalization has led to a discourse on leadership and management having different perspectives. Today, one of the discourses includes gender diversity in leadership positions across organizations.

While the African continent comes third after the United States and Europe, and first amongst other emerging regions in terms of women’s representation on boardrooms of top listed companies, some sectors are doing better than others.

In Nigeria, Africa’s largest economy, the banking sector is leading the pack. In what many observers have described as a paradigm shift, the Nigerian banking sector is currently seeing a surge in the number of women at its top echelon. Presently, eight women serve as Chief Executive Officers (CEOs)/Managing Directors (MDs) of the country’s leading banks.

Other sectors, especially the energy sector, hitherto a male-dominated sector, are towing the line. Shell Nigeria unveiled its first female Managing Director for deep-water Nigeria, last year. Most recently, Oando Plc, Nigeria’s leading indigenous energy solutions provider appointed two seasoned professional women to its board of Directors, Mrs. Ronke Sokefun and Mrs. Nana Fatima Mede.

A review of Oando’s culture shows that it’s been conscious of the imbalance within the sector and as such, has always prioritized two things: strengthening indigenous capacity and ensuring gender parity wherever possible. Today 43 per cent of the company’s workforce is female, compared to 22 per cent across the industry. Of this, 33% of executive-level employees are female with the hope that its female representation on its board continues to grow.

In an interview published in 2020 for Africa Oil Week, an Oando Executive said “As leaders, our focus is on building the most desirable company in which to work and invest. To do that, not only do you require vision, ambition, and passionate people, you need a balance of ideas and characters – which you get by prioritizing gender parity.

Our desire to see a more gender-balanced company and in turn sector via proactive action has fuelled our commitment to making gender diversity a priority.

This commitment is effected in every part of our business, from the offering of benefits that encourage women to return to work after maternity leave to our charity, Oando Foundation focusing on educating the girl child; reverberations that can be felt not only within our business but also the community at large.

We have seen and reaped the benefits of a more inclusive business environment and thus inclusivity will always be a priority, one that we will champion until the industry achieves gender balance.”

Mrs. Sokefun, an Alumni of Oando, has over 35 years of work experience. In 2002, she moved to the Oando Group, where within a few years she rose to the position of Chief Legal Officer. During this period, she also sat on the Board of the telecom’s giant – Celtel/Zain (now Airtel) as an alternate Director. She served in this position until 2011 when she was called to public service in Ogun State and proceeded to serve as a 2-term Commissioner – holding diverse portfolios – under Senator Ibikunle Amosun’s 2-term administration as Ogun State Governor.

As conversations on climate change and harnessing sustainable energy sources continue to intensify, oil and gas companies are looking for ways to improve on their operations in line with global standards and requirements.

In line with this, Oando appointed Mrs. Nana Fatima Mede, who has served as a Federal Permanent Secretary in the Ministry of Environment where she coordinated the formulation of the Nigerian Intended Nationally Determined Contribution (INDC) document on Greenhouse Gases (GHG) in relation to Climate Change – a document which was presented by the President at the Conference of Party (COP 21) in Paris, 2015. She will showcased her expertise on clean energy to support the company’s ambitions.

The growth of female representation across corporate boards shows that unlocking the potential of Africa’s successful transformation requires concurrently removing barriers to women’s leadership and participation.

71 / 100
Continue Reading

Others

Lagos To Divert Traffic On Dopemu Road From January 21

Published

on

Lagos To Divert Traffic On Dopemu Road From January 21

The Lagos State Government has announced the diversion of traffic on Dopemu road in the Agege area of the state with effect Friday, January 21, 2022, for a period of 3 months.

The road closure follows the planned rehabilitation and upgrade of Babajide Sanwo-Olu road within the period by the state government.

This disclosure is contained in a statement issued by the Lagos State Commissioner for Transportation, Dr. Frederic Oladeinde, at the weekend, where he said that the repair works will be executed in 3 phases adding that the first phase of the project will focus on Ipaja Road to Adealu Street junction which will last for 3 months.

The statement from Oladeinde reads, “In line with the on-going infrastructure development, the Lagos State Government will divert traffic on Dopemu Road in the Agege area of the state by 10:00 pm on Friday 21st January 2022 for the rehabilitation and upgrade of Babajide Sanwo-Olu Road for a duration of 3 months.’’

Alternative routes

Oladeinde asked motorists inbound Dopemu Bridge from Iyana Ipaja/Alagba axis to go through the Ipaja road to connect Oyewole Street into Seriki Street which will link them to Kolawole and Adebambo Street to access Adealu road for their desired destination.

He also advised motorists heading towards Dopemu Bridge from Ipaja (Oke Koto) are to use Markaz road to connect Awori Street and link Sarumi Alawo Street/Oniwaya and Surulere to continue their journey or alternately go through Alfa Nla from Old Ipaja road to connect Oniwaya/Surulere axis to reach Dopemu Bridge.

The commissioner assured that the Lagos State Traffic Management Authority (LASTMA) has designed alternative routes to enable effective control of vehicular movement along the axis during the duration of the construction.

While lauding Lagosians for their perseverance through the myriad of constructions ongoing across the state, the commissioner called for support from the citizenry, assuring them that the sacrifice being paid will yield the desired outcome for the state’s Multi-modal Transportation System.

What you should know

  • The Lagos State Government had reiterated its commitment to the reconstruction and improvement of infrastructure across the state as part of its smart city project.
  • The massive road rehabilitation which is being executed by the Lagos State Government is part of the Transportation and Traffic Management Pillar of the state’s THEME agenda which ensures the upgrading of infrastructure across the state.
  • This is necessary to address the worsening state of these infrastructures which includes road, bridges and flyovers and the various safety concerns that have been raised

68 / 100
Continue Reading

Trending News