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Abandoned reports: National Assembly’s long list of endless probes, loud hearings, dead results The Punch
Published 10 May 2021
SUNDAY ABORISADE and
LEKE BAIYEWU examine endless probes by both chambers of the National Assembly and observe that the investigations have produced few or no effects
Consecutively, Speaker of the House of Representatives, Femi Gbajabiamila, asked all ad hoc committees of the House to lay their reports by the end of April 2021. He made the announcement on April 20; reminded the concerned committees again on April 21.
Indeed, many probes have been pending – or even abandoned – by the various panels given the tasks. Yet, hardly does the House sit without resolving to carry out one investigation or the other. It is a similar case in the Senate.
Views: Visits 15 By Rosemary Iwunze There are indications that more pension account holders are getting disenchanted with the management of their accounts by their Pension Fund Administrators, PFAs, leading to a 353.1 percent rise in the number of Retirement Savings Account, RSA, switching under the Contributory Pension Scheme, CPS, in the first quarter of 2021, Q1’21, alone. The Q1’21 CPS report shows 12,681 accounts were moved from the original PFAs as against 2,799 in the preceding quarter of 2020, Q4’20. READ ALSO2021 UTME: Mock examination slips ready for printing JAMB Accordingly, the value of the pension fund that was transferred from one PFA to another increased by 152.9 per cent to N47.8 billion in Q1’21 from N18.9 billion in Q4’20.
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Aggrieved pension contributors rise 353% in Q1’21
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By Rosemary Iwunze
There are indications that more pension account holders are getting disenchanted with the management of their accounts by their Pension Fund Administrators, PFAs, leading to a 353.1 percent rise in the number of Retirement Savings Account, RSA, switching under the Contributory Pension Scheme, CPS, in the first quarter of 2021, Q1’21, alone.
The Q1’21 CPS report shows 12,681 accounts were moved from the original PFAs as against 2,799 in the preceding quarter of 2020, Q4’20.
Accordingly, the value of the pension fund that was transferred from one PFA to another increased by 152.9 per cent to N47.8 billion in Q1’21 from N18.9 billion in Q4’20.