Towards a World-Class Pension Scheme in Nigeria
Until 2004, Nigeria had operated particularly in the public sector, a Defined Benefit (DB) pension scheme, which was largely unfunded and non-contributory. The system was also referred to as a Pay-As-You-Go (PAYG) scheme since retirees were to be supported not by their previous contributions but by annual budgetary provisions.
‘Insecurity bane of tourism devt in Africa’
Insecurity has been identified as one of the major challenges facing the growth of tourism in Africa, as African tourism ministers’ conference opens in Calabar, Cross River State.
DPR uncovers 4 more illegal barges of diesel
In its resolve to crack down on the operations of illegal jetties in the country, the Department of Petroleum Resources, DPR, yesterday, discovered another illegal jetty at Kirikiri, Apapa, where petroleum products were being discharged illegally.
Mr Biggs partners NOC for Olympics
Mr Biggs Tuesday joined the bandwagon of companies that are partnering with the Nigeria Olympic Committee (NOC) towards a successful outing of Team Nigeria at the summer Games, starting July 27 in London.
Jonathan appoints new GMD for NNPC
President Goodluck Jonathan has appointed Mr. Andrew Yakubu as the new Group Managing Director
Kwara to export 6,000 tonnes of cassava to China
ILORIN—Kwara State government is to export the first batch of 6,000 tonnes of cassava chips to China within, the government has said.
