LAGOS State Contributory Pension Scheme, LSCPS, fund has hit over N26 billion, even as the state presented a total of N5,824,325,892.43 as retirement bonds for 1,121 pensioners who retired from the state service. The N26, 292, 481, 183 is the total contribution from the state government and its employees under the contributory pension scheme.

AS opposition to the World the Bank and International Monetary Fund, IMF, induced planned Petrol subsidy removal by the Federal Government thickens by the day, stakeholders have accused government of unorthodox antics to force its contentiouspolicy through throat of Nigerians.

VICE-CHANCELLOR of Joseph Ayo Babalola University, JABU, Ikeji-Arakeji, Osun State, Professor Sola Fajana, has called for a new pension law to take care of workers in the informal sector of the Nigerian economy.

Major stakeholders in the Nigerian Industrial Relations System will converge in Michael Imoudu National Institute for Labour Studies, (MINILS), Ilorin, for the seventh edition of its annual National Labour Relations Summit and Fellowship Awards on Thursday 17th November, 2011.

THE quest for massive in vestments in infrastructure facilities may receive a boost with plans to invest part of the N2.4 trillion Pensions in the sector.

NIGERIA Employers’ Consultative Association, NECA, has offered explanation why some relatives find it difficult to access deceasedpensioners’ pensions under the Contributory Pension Scheme, CPS.

TRADE Union Congress of Nigeria, TUC, has said the move by the Nigerian Governors Forum, NGF to amend the constitution to remove labour and related matters from the exclusive list to the concurrent list, is aimed at killing the labour movement.

A RENOWNED Industrial Relations scholar and Vice-Chancellor of Joseph Ayo Babalola University, JABU, Ikeji-Arakeji, Osun State, Professor Sola Fajana, has bemoaned the poor labour standards in the country, lamenting that Nigeria has continually been carpeted by the International Labour Organisation, ILO, for flagrant violation of workers and trade union rights.

Governor Babatunde Fashola of Lagos State will on Friday present another Retirement Bond Certificates, RBCs, worth N2, 287, 787, 241 to the fourth batch of retired public servants under the state’s Contributory Pension Scheme.

THERE are indications that the management of the Union Bank and organized labour have not resolved the lingering dispute over unpaid benefits to close to 2000 retired workers between 2006 and 2008, weeks after a core investor has taken over the bank.