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By Nana Musa Abuja, Feb. 9, 2022 Motorists in Abuja on Wednesday continued to experience hardship in the purchase of Premium Motor Spirit (PMS), also known as petrol, for the fourth day running. Naija247news reports that retail outlets around Maitama, Wuse, Gwarimpa, Wuye and Kubwa Expressway still have long queues while others are not selling… ....
By Nana Musa Abuja, April 30, 2021 President Muhammadu Buhari has approved the payment of the consequential adjustment to pensioners under the Defined Benefit Scheme (DBS) in line with the minimum wage approved in 2019. Dr Chioma Ejikeme, the Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), disclosed this at a news conference on Friday in Abuja. She said that with the presidential approval, PTAD had been empowered to start the upward adjustment of all pensioners’ benefits according to the approved template. Ejikeme said that the adjustment of the new pension payment would start from May 2021 adding that the payment of the arrears would cover the period of the implementation of the minimum wage. ....
By Nana Musa Abuja, March 16, 2021 The Independent Petroleum Marketers Association of Nigeria (IPMAN), has appealed to the Federal Government not to yield to calls to scrap the Petroleum Equalisation Fund (PEF). IPMAN made the appeal via a statement issued on Tuesday in Abuja by its National Public Relations Officer, Alhaji Yakubu Suleiman. He said that the calls were made by impostors and not members of the association. “It has come to our notice that some media publications purported to have emanated from our noble association, made by some people who are parading themselves as IPMAN officials, were advocating for the scraping of PEF amongst other fictitious claims. ....
By Nana Musa Abuja, Jan. 6, 2021 The Pension Transitional Arrangement Directorate (PTAD) has paid 603 former workers of Aluminum Smelter Company of Nigeria (ALSCON) the remaining 85 per cent of their entitlement. Mr Gbenga Ajayi, Head, Corporate Communications, ALSCON, announced the payment in Abuja on Wednesday. Ajayi said that following the successful documentation, verification and validation of the former workers of ALSCON by PTAD, 603 former workers of the company were paid in December 2020. He said that payments were made in 13 batches to the beneficiaries, while payment to the Next-of-Kin of deceased ex-workers would be made soon. The Executive Secretary of PTAD, Dr Chioma Ejikeme, has at different fora re-assured pensioners that the directorate would continue with the payment of the inherited liabilities to support pensioners’ well-being. ....