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Pension Payday: FG Pays Historic N1.2trn Arrears, Boosts Retirees’ Packages

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The federal government has disbursed approximately N1.2 trillion to clear outstanding pension arrears owed to retired federal civil servants nationwide.....KINDLY READ THE FULL STORY HERE▶

The federal government has disbursed approximately N1.2 trillion in accrued pension arrears to retired federal civil servants from the inception of the Contributory Pension Scheme (CPS) in 2004 up to the first quarter of 2025, ensuring retirees now receive their monthly pensions as and when due.

Previously, many retirees under the CPS were unable to access their Retirement Savings Accounts (RSAs) due to unpaid accrued rights — a prerequisite for drawing monthly pensions. This delay denied retirees access to their pension benefits, even though they had savings in their RSAs.

However, in a determined push over the past two years, the federal government has paid over N700 billion in arrears and has now cleared the backlog up to March 2025, leaving only April and May pending. To further address outstanding obligations, the government has floated N750 billion in pension bonds aimed at clearing the remaining backlog.

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Simultaneously, the National Pension Commission (PenCom) is set to launch a ‘Pension Boost’ initiative in June. Under this program, around 223,000 retirees will see increases in their RSA balances, resulting in a rise in monthly pension disbursements from N8.2 billion to N11.2 billion.

Speaking during the 2nd Quarter PenCom Press Conference in Ikeja, Lagos, PenCom Director General Ms. Omolola Oloworaran reaffirmed the commission’s commitment to offsetting the remaining arrears and restoring trust in the pension system. She emphasized that the N750 billion pension bond, initiated by President Bola Tinubu’s administration, plays a vital role in achieving this.

Only retirees under the Programmed Withdrawal plan will benefit from the Pension Boost, which is funded through investment returns on pension assets.

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Warning non-compliant employers, Ms. Oloworaran noted that PenCom is partnering with key stakeholders to ensure defaulting firms — especially those without pension plans for employees — are disqualified from participating in government contracts or private sector projects.

She also noted active collaboration with state governments to boost compliance at sub-national levels.

Meanwhile, PenCom’s Head of Surveillance, Mr. Abdulrahman Muhammad (A.M. Saleem), revealed that pension fund assets rose by N820 billion in Q1 2025, climbing from N22.51 trillion in December 2024 to N23.33 trillion by March 31, 2025.

He added that between 2004 and Q1 2025, about 538,237 jobless workers under the CPS accessed N294.40 billion, permitted under law as 25% withdrawals from their RSAs during unemployment.

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Don’t Burn Tyres On New Roads — FERMA Begs Abia Residents.

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The Federal Road Maintenance Agency (FERMA) has appealed to residents of Abia State and other road users along the Aba–Azumini highway to protect the newly completed road from activities that could damage it.....KINDLY READ THE FULL STORY HERE▶

FERMA’s South-East 2 Zonal Director, Suleiman Mohammed Omonowo, issued the warning during an inspection of the project, cautioning against the burning of tyres during celebrations, which he said could damage the road surface.

He noted that destructive practices by some youths and community members often contribute to the early failure of road projects across the country.

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“Our advice to road users, especially indigenes, is to protect the road from destruction. Let nobody come and destroy it or burn tyres in the name of celebration,” he said.

Omonowo said the Aba–Azumini highway was previously in a very bad condition before FERMA intervened, describing it as a death trap for commuters and residents.

He also expressed satisfaction with the quality of work done on the project, adding that drainage structures such as catch pits would help prevent flooding and extend the lifespan of the road.

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According to him, the highway serves as a major link between Aba, several Abia communities, and Cross River State, carrying heavy traffic daily.

He urged local construction firms to improve on quality delivery to compete effectively with foreign contractors.

Meanwhile, the Federal Roads Maintenance Engineer in Abia State, Festus Okafor, said FERMA workers have not faced harassment or violence from residents during operations in the state.

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Correctional Service Declares Escaped Yobe Inmate Wanted Nationwide.

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The Nigerian Correctional Service (NCS), Yobe State Command, has declared a 30-year-old inmate wanted after he escaped following a road accident involving a prison transport vehicle.....KINDLY READ THE FULL STORY HERE▶

The incident reportedly occurred on April 13, 2026, while inmates were being conveyed from the Medium Security Custodial Centre in Potiskum to Damaturu.

In a statement issued in Damaturu, the Command’s Public Relations Officer, DSC Abdullahi Adamu, said the vehicle conveying the inmates was involved in a crash during the journey.

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He said the accident happened while efforts were ongoing to rescue those affected.

The escaped inmate was identified as Dahiru Mohammed, with prison number J/1539/24, who was admitted into custody on November 29, 2024.

The Correctional Service described him as dangerous and warned members of the public not to have any form of contact with him.

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It urged residents to report any useful information that could lead to his re-arrest to the nearest security agency.

Authorities also cautioned that harbouring a fugitive is a criminal offence punishable under the law.

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Court Orders UI To Reinstate Students Suspended Over Fee Hike Protest.

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The Federal High Court sitting in Ibadan, Oyo State, has ordered the University of Ibadan (UI) to reinstate three students suspended over their participation in a protest against tuition fee hikes.....KINDLY READ THE FULL STORY HERE▶

Delivering judgment on Wednesday, Justice Nkeonye Maha set aside the decision of the university’s Central Student Disciplinary Committee, ruling that the students were denied fair hearing during the disciplinary process.

The court held that the failure to allow the students call witnesses and present evidence violated their constitutional right to fair hearing, rendering the sanctions against them invalid.

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The affected students — Aduwo Ayodele, Mide Gbadegesin, and Nice Linus — were suspended on July 14, 2025, after taking part in a protest against increased school fees approved by the university’s governing council.

Dissatisfied with the suspension, they approached the court, arguing that the disciplinary proceedings breached their fundamental rights and due process.

They asked the court to quash the suspension, reinstate their studentship, and award damages for alleged rights violations.

In her ruling, Justice Maha agreed with their arguments, stating that the university’s actions failed to meet the standards of natural justice.

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Following the judgment, rights group CAPPA hailed the decision, urging the university to comply fully, reinstate the students, and issue an apology.

The group said the ruling reinforces constitutional protections for freedom of expression and serves as a warning against the suppression of student protests in tertiary institutions.

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