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Pension Implementation: Lagos, Kaduna, Edo, four others fully compliant, says PenCom

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The National Pension Commission (PenCom) says only seven states and the Federal Capital Territory (FCT) are fully implementing the Contributory Pension Scheme (CPS) and the Contributory Defined Benefits Scheme (CDBS).

PenCom disclosed this in its first-quarter report on pension implementation, based on an update from its States Operations Department.

The report showed that Lagos, Kaduna, Edo, Osun, Ekiti, Ondo and Jigawa states, alongside the FCT, had fully implemented the CPS/CDBS.

It also showed that 13 states were at various stages of partial implementation of the schemes.

The states are Abia, Anambra, Bauchi, Bayelsa, Benue, Delta, Kano, Katsina, Kogi, Niger, Ogun, Oyo and Rivers.

According to the report, 10 states have pension laws that are currently inactive.

It said six states — Ebonyi, Enugu, Imo, Nasarawa, Sokoto and Taraba — had inactive CPS laws, while Adamawa, Gombe, Kebbi and Zamfara had inactive CDBS laws.

The commission further reported that six states were still at the bill stage in their efforts to implement the CPS.

They are Akwa Ibom, Borno, Cross River, Kwara, Plateau and Yobe.

PenCom said 18 states and the FCT had established dedicated Pension Bureaux to administer the scheme.

The commission’s update covers all 36 states of the federation and the FCT.

The CPS, introduced by the Pension Reform Act 2004 and retained under the Pension Reform Act 2014, is designed to ensure regular pension contributions by employers and employees towards retirement benefits.

PenCom has continued to encourage states to adopt and effectively implement the CPS to ensure sustainable pension arrangements for their workers. 

(NAN)

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ADC chieftain dumps party, defects to APC

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A chieftain of the African Democratic Congress, ADC, and former chairman of the Labour Party in Cross River State, Austine Ibok, has defected to the ruling All Progressives Congress, APC.

Ibok, who announced his defection on Friday, also directed his supporters across the 196 wards in the state’s 18 local government areas to collapse their political structures into the APC.

He said his decision followed consultations with his family, political associates and supporters, as well as what he described as prevailing political realities and the interest of the state.

The former opposition chieftain cited what he described as a lack of cohesion, equity, justice, fairness and sincerity within his former party, particularly over zoning and other leadership decisions.

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Ibok said his decision to support the Otu administration was based on what he described as its record in security, infrastructure, efforts to recover Cross River’s oil wells and the development of the Bakassi Deep Seaport Project.

“Our support is driven by performance, political reality, and the collective desire to secure a brighter future for Cross River State through effective and purposeful governance,” he said.

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Why I refused to join APC – Seriake Dickson 

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The national leader of the Nigeria Democratic Congress, NDC, Seriake Dickson, has attributed his refusal to join the ruling All Progressives Congress, APC, to his unwillingness to support a political arrangement that could turn Nigeria into a one-party state.

Speaking when the management of Leadership Newspaper paid him a visit on Thursday, Dickson said the crisis and decline within his former party, the Peoples Democratic Party, PDP, made him decide to establish a new political platform.

Reflecting on the political developments that led to the formation of the NDC, the former Bayelsa State governor stated that the decision was taken at a difficult period when the possibility of building a strong opposition party appeared uncertain.

According to him, the situation within the PDP influenced his decision to seek another political direction rather than move to the APC.

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“I did not believe Nigeria should become a one-party state,” he said.

The lawmaker further attributed his decision to the need to preserve political competition and provide Nigerians with another platform through which they could participate in the democratic process.

He said that instead of joining an existing party, he and his political associates chose to build a new organisation that could compete with the ruling party, adding that the NDC had made considerable progress since its emergence.

“Months down the line, we have built a formidable party and a major opposition platform in Nigeria,” he added.

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