Military Pensions Board, MPB, has said the late elder statesman, Dim Chukwuemeka Ojukwu alongside other pardoned soldiers that fought on the side of the defunct Biafra during the Nigeria Civil war, have been paid their pensions and arrears totaling N1.5billion by the Federal Government.
THE ancient of Benin City was thrown agog a week ago when the Edo State chapter of the Nigeria Labour Congress, NLC and the Trade Union Congress, TUC, counterpart, held a solidarity rally, declaring support for the re election bid of Governor Adams Oshiomhole, immediate past President of NLC.
ON Tuesday, March, 2011, at the floor of the Senate Nigerians watched in total shock another assault against Nigerian workers and its peoples through the anti-workers’ Bill sponsored by Senator Heinekken Lokpobiri, Peoples Democratic Party, PDP, Senator from Bayelsa State seeking to make it unlawful for the trade unions in Nigeria to embark on any strike without obtaining thepermission of the different organs of the union through a ballot.
THE Five days public hearing held by the Senate joint Committee on Establishment, State and Local Government probing pension administration in country under chairmanship of Senator Aloysius Etok in Abuja, the Federal Capital Territory, did not only expose the rot in the administration of the defunct deferred Pension scheme, otherwise known as Pay-As-You-Go, it also opened a can of worms.
THERE are indications that organized labour is planning a massive assault on five banks in the nation’s banking sector over alleged unfair labour practices including refused to allow workers join and unilateral retrenchment of workers without recourse to labour laws.
NATIONAL Pension Commission, PenCom, it is working on a proposal for an amendment of the Pension Reform Act, PRA, 2004, to prosecute abuses by employers is underway.
THOUGH the Employee Compensation Scheme, ECS, a child of the Employee Compensation Act, ECA, commenced July last year, however, February 24, 2012, at the official commissioning of the Lagos Corporate Head office of the Nigeria Social Insurance Trust Fund, NSITF, could be regarded as the actual take of date for the scheme.
