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We are suffering at old age, pensioners lament in Ekiti

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The joy of every worker after putting in the mandatory years of service in the public service and consequent retirement is to sit back and reap the fruits of his labour through regular payment of his pension and gratuity. But the case is not so in Ekiti State as many pensioners are wallowing in penury due to non-payment of their gratuities and pensions.

The retirees, who usually converge on their secretariat at Oke Oriomi, Ado Ekiti, lamented they had spent the better years of their lives contributing to the development of the state, only to now live their old years in poverty.

Our correspondent reports that meeting some of them and listening to their plight was pathetic as tears rolled down their cheeks while narrating the suffering they were experiencing.

Some of them disclosed that what they collect monthly as their pension due was as low as N2,500, yet the paying authorities wouldn’t give them the money when due, a situation they claimed had turned many of them to street beggar.

The chairman of the Nigeria Union of Pensioners in Ekiti State, Mr Ayo Kumapayi, told our correspondent that the state government was owing its members five months pension arrears of state civil servant pensioners and eight months arrears of local government pensioners.

Kumapayi put the outstanding gratuities at over N20 billion, saying about 6000 retirees were living in penury awaiting their gratuities, which he said they didn’t they know when that would come. He expressed regret that governors in the Southwest geopolitical zone “have not done enough to better the lots of retirees.”

He pleaded with the federal government to release funds for the payment of what he called the outstanding 12 months balance on 33 per cent pension increase approved by the National Incomes, Salaries and Wages Commission.

The pensioners’ demands include payment of arrears to secondary and primary school retirees.  They are also calling for the review of their pensions in conformity with Section 210(3) of the 1999 Constitution, which states that pension shall be reviewed every five years and should be increased as the national minimum wage is reviewed. Kumapayi regretted he could not remember the last time the section was complied with.

He expressed concern over the attitude of past and present governments in the state to the plight of the pensioners despite their clamour for better welfare. He said the “neglect” suffered by many of the union’s members had led to their untimely death.

Another pensioner, 80-year-old Baba Michael Bello, recalled that he retired from the old Ondo State civil service in 1994 on grade level 14 on an initial pension of N2,400 but now earns a little above N11,000 as monthly pension.

Baba Bello said, “I’m above 80 years now. It is difficult, very hard to live under this present condition that we pensioners are living in Ekiti because if you want to prepare a palatable soup, you will need about N4,000, and that can only sustain you for a few days.

“The amount is not sufficient at all. You have to buy other things that will make you live a comfortable life. Many of us have been forgotten by the government of the day. Many of us have died as a result of inability to afford our medication. Some who could not afford hospital’s bills had died ill. We are burying our members on a daily basis and the government is not doing anything.”

The octogenarian, who uses walking sticks, said that but for many soft-hearted individuals who had been assisting him in many respects, he would have long died.

In the same vein, local government retirees in Ekiti State under the banner of Concerned Local Government Pensioners’ Association of Nigeria in the state recently protested non-inclusion of its members from the November payment of pension by the state government while core civil servants and other pensioners in the state were paid.

The Chairman of the group, Alhaji Quadri Oguntuase, and Secretary, Mr Abiodun Agboola, said they found it disheartening that their members were still not paid their November pension despite the promise made by Governor Kayode Fayemi that all pensioners would henceforth be paid centrally.

Oguntuase and Agboola urged Fayemi to probe the delay in the payment of the said November salary and impose appropriate sanctions on the workers that might have created the unnecessary bottlenecks they said caused untold hardship to their members.

Looking so forlorn and dejected, the pensioners are praying and hopeful that their efforts and sweat would not be in vain.

 

 

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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