Some months ago, President Muhammadu Buhari-led Federal Government released a total of 54 Billion Naira to settle outstanding 33% pension arrears (the 33% pension arrears date back to 2010 when the minimum wage was increased to N18,000).
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DELTA STEEL COMPANY (liquidated in 2005): 3,542 pensioners have now been placed on the payroll, ending a 13-year wait for their entitlements.
NITEL:
Another 9,216 pensioners were payrolled, after more than a decade of neglect by the previous administration.
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RETIRED BIAFRAN POLICE OFFICERS (dismissed by the FG in 1971, after the Civil War ended, and pardoned by OBJ in 2000)
President Buhari approved the payment of the pensions, unpaid since their pardon in 2000. N571.56m was paid to a total of 174 beneficiaries in Oct. 2017
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NIGERIA AIRWAYS:
President Buhari approved the release of N24 billion in September 2018, for the settlement of 50% of workers disengaged when the airline was liquidated in 2003/4.
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Twelve Reasons Why Nigeria’s Agric Revolution Is Real and On Course under President Buhari
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“I will stand my ground & maintain my position that under my watch, [the] old Nigeria is slowly but surely disappearing & a new era is rising in which we grow what we eat and consume what we make.”
President Buhari, December 14, 2016
We are determined to change Nigeria from an import dependent country to a producing nation. We must become a nation where we grow what we eat and consume what we produce.”
BBC News - FinCEN Files: All you need to know about the documents leak
#HSBC allowed fraudsters to move millions of dollars of stolen money around the world, even after it learned from US investigators the scheme was a scam.
#JPMorgan allowed a company to move more than $1bn through a London account without knowing who owned it. The bank later discovered the company might be owned by a mobster on the FBI's 10 Most Wanted list. bbc.com/news/uk-542261…
Evidence that one of Russian President Vladimir Putin's closest associates used Barclays Bank in London to avoid sanctions which were meant to stop him using financial services in the West. Some of the cash was used to buy works of art. bbc.com/news/uk-542261…
Ghana lured investors to its power industry to end chronic electricity shortages with deals it can no longer afford.
The deals’ terms require the government to pay for electricity generated even if there’s no demand for it.
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The move helped Ghana end its power crisis by 2016, boosting its generation to about 4,600mw, well above national peak demand of 2,700 megawatts.
Debt owed to the power companies has grown, rising to $1.4bn at the end of June, more than doubling from $600m in July last year.
according to the Chamber of Independent Power Producers, Distributors and Bulk Consumers. Its members may be forced to shut their operations, it said last month.
P&ID CASE: Attorney General of The Federation, Abubakar @MalamiSan, speaks on the lessons learned regarding public officers entering into contracts on behalf of Nigeria Government with foreign organisation.
“There should be consequences for wrong doing and the consequences are indeed enforced in cases of breach and we have to put our house in order in ensuring the public interest prevails over and above individuals interest.” - AGF Abubakar @MalamiSan
The reinforcement of current frameworks and institutions in the fight against corruption is the only way Nigeria can make a sustainable win in tackling corruption in the country, the Global Economic Policy Initiative has stated.
GEPIn, in a statement signed by its President, Bernard Okri commended the Attorney General of the Federation and Minister of Justice, Abubakar @MalamiSan for making what it described as “silent institutional revolutionary in the justice sector, and...
A key challenge militating against the effective Adminstration of justice in NIGERIA is the lack of a coherent National Policy on Justice. MALAMI has instituted reforms &Consensus building, these reforms led to the development of first ever National reform policy #JusticeReforms
As at today the office of the Minister of Justice and Attorney General of the Federation, under Hon. Abubakar @MalamiSan has recovered the sum of $779,495,900.00
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N59,163,029,949.46. #MoJUnderMalami #JusticeReform