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Kebbi  Injects N3bn into NG-CARES, to Grant Loans to Micro, Small Businesses – THISDAYLIVE

Kebbi Injects N3bn into NG-CARES, to Grant Loans to Micro, Small Businesses – THISDAYLIVE
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Birnin Kebbi , Kebbi State , Ismail Adebayo , Danladi Aliyu Dabai , Alhaji Ibrahim Garba Geza , State Government , Local Government Leads , Gender Officers , Result Area ,

Daily Trust - Kebbi govt succumbs to labour pressure, approves N3bn for g

By
Thu Dec 31 2020
The Kebbi State Government has succumbed to the strike threat issued by organized labour unions by approving the release of N3 billion for the payment of gratuity of retirees in the state.
On December 11, the State Chairmen of Nigerian Labour Congress (NLC), Umar Halidu Alhassan, and that of the Trade Union Congress (TUC), Danladi Aliyu Dabai, issued an ultimatum that by January 1, 2021 if the state government fail to pay workers their entitlements among which was retirees benefit the organized labour would shut down the state. ....

Kebbi State , Danladi Aliyu Dabai , Umar Halidu Alhassan , Ibrahim Muhammad Augie , Chairmen Of Nigerian Labour Congress , Union Congress , Kebbi State Government , State Chairmen , Nigerian Labour Congress , Trade Union Congress , Ibrahim Muhammad , கேப்பி நிலை , இப்ராஹிம் முஹம்மது ஆகிய , தலைவர்கள் ஆஃப் நைஜீரியன் தொழிலாளர் காங்கிரஸ் , தொழிற்சங்கம் காங்கிரஸ் , கேப்பி நிலை அரசு , நிலை தலைவர்கள் , நைஜீரியன் தொழிலாளர் காங்கிரஸ் , வர்த்தகம் தொழிற்சங்கம் காங்கிரஸ் , இப்ராஹிம் முஹம்மது ,

Daily Trust - 27 states not qualified to 'borrow' from pension funds

Federal Secretariat, Abuja
As of August 31, 2020, the pension assets under the management of PFAs were worth N11.35 trillion.
Governors have declared interest to borrow from the fund, but the Pension Reform Act, 2014 (PRA, 2014) prohibits such borrowing.
Section 89, subsection 1, paragraph C of the PRA, 2014, provides that a PFA shall not “apply any pension fund assets under its management by way of loans and credits or as collateral for any loan taken by a holder of retirement savings account or any person whatsoever.”
Similarly, section 2, subsection 6 of the 2019 Regulation on Investment of Pension Fund Assets issued by PenCom provides that “A PFA shall not engage in borrowing or lending of pension fund assets.” ....

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