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292 Lagos Pensioners Get N1.51bn

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By Adedapo Adesanya

The Lagos State Government has paid N1.51 billion to 292 pensioners, restating its commitments to the welfare of pensioners, pledging to pay all pension entitlements.

In a statement by the Public Affairs Officer, Lagos State Pension Commission (LASPEC), Mrs Mariam Adetokunbo Eko, it was stated that this disclosure was made at the 82nd Bond Presentation Ceremony was held on Tuesday, February 16.

She explained that 292 pensioners’ Retirement Savings Accounts (RSAs) were credited with the amount so as to make the beneficiaries enjoy their out-of-service life.

Speaking at the event, the Director-General of LASPEC, Mr Babalola Obilana, assured retirees of the state government’s dedication to the well-being of its workforce even in retirement.

At the ceremony, which took place at the LASPEC Hall, NECA House, Alausa in full compliance with COVID-19 protocols, Mr Obilana disclosed that previously bond certificates were released to Pension Fund Administrators.

However, in order to ensure excellent and efficient service to retirees, the agency embarked on and satisfactorily issued certificates to pensioners personally.

In his words, “LASPEC has gone beyond the excuses of retirees waiting endlessly before they can gain access to their funds, the world is moving forward and so are we. We are dedicated to our retirees because they have painstakingly contributed their quota towards making a Greater Lagos.”

Mr Obilana further charged the retirees to ensure that they have proper documentation to avoid delay in payment due to wrong or missing documents.

He also told the retirees to be wary and not become victims of fraudsters.

“LASPEC is devoted to ensuring that all entitlements are paid into the right sources after departure from the Civil Service. There are many people devising means of defrauding retirees of their dividends from long service.

“That is why we operate an open-door policy to all on pension matters. LASPEC will not call or send you messages to charge you to get your entitlements,” he noted.

Mr Obilana thanked Governor Babajide Sanwo-Olu for making the welfare of the employees a priority and for not withholding funds for retired staff amidst the COVID-19 pandemic and the aftermath of the EndSARS protest.

He assured retirees that Governor is working assiduously to ensure that they do not have to wait for years before they receive their pensions from the State.

He urged the staff to uphold a good service relationship with retirees mainly because it is the core culture, norm and belief of LASPEC, stressing that the agency’s goal for 2021 is to take an instant stand on openness and accountability.

Earlier, the Principal Legal Officer, LASPEC, Ms Abimbola Akintayo gave an overview of options available to retirees, stating that the two options available are Programmed Withdrawal and Annuity. She urged the retirees to choose an option based on personal circumstances and not follow the crowd.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Port Harcourt Refinery Fully Operational Despite Minor Incident—NNPC

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By Modupe Gbadeyanka

The Nigerian National Petroleum Company (NNPC) Limited has said a minor incident that occurred at the Port Harcourt Refining Company (PHRC) did not affect the operations of the oil facility.

It was reported earlier in the day that the refinery, owned by the Nigerian government but operated by the NNPC witnessed an explosion.

Recall that on Monday night, the Trans Niger Delta Pipeline operated by Shell in Rivers State exploded after some militants threatened to disrupt crude oil production in the country because of a political crisis in the state.

On Tuesday night, President Bola Tinubu declared a state of emergency on Rivers State, suspending all elected political players in Rivers State, including the Governor, Mr Siminalayi Fubara; his deputy, Mrs Ngozi Odu; and all members of the Rivers State House of Assembly.

On Wednesday, it was reported in a section of the media that the Port Harcourt was attacked but the NNPC said the facility is fully operational, assuring that there nothing to worry about.

“The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that despite a minor incident at a section of the Port Harcourt Refining Company (PHRC) earlier today, the plant remains operational and continues to produce on-spec refined petroleum products.

“NNPC Ltd assures the public that there is no cause for concern, as all sections of the recently rehabilitated plant are in full operation,” the terse state by the Chief Corporate Communications Officer of NNPC, Mr .Olufemi Soneye, stated.

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Nigeria’s Accountant-General Seeks Predecessors’ Support to Boost Treasury

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Shamseldeen Babatunde Ogunjimi

By Adedapo Adesanya

The Accountant-General of the Federation, Mr Shamseldeen Ogunjimi, has promised to collaborate and tap from the wealth of experiences of all former Accountants-General of the Federation to improve the country’s treasury.

Mr Ogunjimi disclosed this while receiving two of his predecessors, Mr John Naiyeju and Mr Ibrahim Dankwambo, in his office in Abuja.

Speaking at the event, Mr Ibrahim Dankwambo suggested upgrading the Treasury Academy, Orozo, owned by the Office of the Accountant-General of the Federation (OAGF) to a degree-awarding institution.

Also, Mr Naiyeju charged the new Accountant-General to carry everyone along and advised him to make staff welfare his priority.

In a related development, Mr Ogunjimi expressed his willingness to work with all professional organisations for a positive development to the nation, especially, his professional and academy colleagues of the doctorate class.

Mr Ogunjimi called on his classmates to come up with ideas and suggestions that would enhance the management of the nation’s treasury that will positively affect the economy development.

In his remarks, the Chairman of the Forum of Doctorate Students, Mr Ibrahim Aliyu, said they were in the Treasury House to congratulate one of their own and assured him of their support towards his successful tenure.

President Bola Tinubu appointed Mr Ogunjimi earlier this year. He was picked because of his over 30 years of extensive experience in financial management across the public and private sectors.

He was described as a career civil servant and the most senior director in the Office of the Accountant General of the Federation (OAGF),

“He has held significant positions, including Director of Funds at the OAGF and Director of Finance and Accounts at the Ministry of Foreign Affairs.

“A chartered accountant, certified fraud examiner, chartered stockbroker, and chartered security and investment specialist, Mr Ogunjimi’s academic qualifications include a Bachelor of Science (BSc) in Accountancy and a Master’s in Finance and Accounting,” a statement from the presidency added.

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Ladi Oluwaloni Takes Over as Ayobo-Ipaja LCDA Chairman

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By Dipo Olowookere

The Deputy Chairman of Ayobo-Ipaja Local Council Development Area (LCDA), Mr Oladipupo Oluwaloni, has taken over the affairs of the council, though in an acting capacity.

His elevation was approved by the Governor of Lagos State, Mr Babajide Sanwo-Olu, following the prolonged absence of the council chair, Mrs Bolatito Shobowale.

Business Post gathered that Mrs Shobowale has not been seen at the council for a long time, about six months.

She was not around when members of the Governor Advisory Council (GAC) of the Lagos State chapter of the All Progressives Congress (APC) visited the LCDA last year.

The team, led by a former Deputy Governor of Lagos State, Mr Femi Pedro, was welcomed by Mr Oluwaloni and other council staff.

She was also not available when the council held a graduation ceremony for some residents who underwent an empowerment training last month.

It was learned that her absence from work, based on health grounds, has made it impossible for the 2025 budget to be presented to the council’s lawmakers for approval.

To prevent the shutdown of the council, Mr Oluwaloni has been asked to take over as the chairman of Ayobo-Ipaja LCDA.

He will be expected to quickly present the budget for approval to enable the council carry out critical projects for the benefit of residents of the area.

According to reports, Mr Oluwaloni, who intends to contest for the chairmanship position of the Ayobo-Ipaja LCDA later this year, has been given the go-ahead by the party leaders to lead the council.

Already, the state government, through the Commissioner for Local Government, Chieftaincy Affairs, and Rural Development, Mr Bolaji Roberts, has issued a letter to the acting chairman to resume office with immediate effect.

“This is a great responsibility, and I am fully committed to upholding the trust placed in me. My focus will be on ensuring that governance at the grassroots remains effective, responsive, and aligned with the developmental agenda of our great state,” Mr Oluwaloni commented on his assumption of office.

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