NAMES OF CREW AND PASSENGERS ON ILL-FATED AIRCRAFT. (PHOTO).

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 Names of Crew and Passengers on Ill-Fated Aircraft As of the time of filing this report, no survivors have been found following the aircraft crash in Ondo State. CREW 1. Squadron Leader M.I. Aburime — Flight Captain 2. Squadron Leader A.P. Man-Ugwueje — Co-pilot 3. Flight Lieutenant I.S. Bako — Co-pilot 4. Warrant Officer Abubakar A. — Aircraft Technician 5. Corporal Uguru H.C. — Aircraft Technician PASSENGERS 6. Flight Lieutenant T.L. Lazarus 7. Flight Lieutenant M. Akinloye 8. Flying Officer I.M. Adeshina 9. Master Warrant Officer Onwuka F. 10. Master Warrant Officer Matini B.A. 11. Warrant Officer Nuhu F.S. 12. Flight Sergeant James R.B. 13. Flight Sergeant Mohammed A.I. 14. Sergeant Ani A.E. 15. Sergeant Izibenikien S.I. 16. Sergeant Alafuka C. 17. Sergeant Mbadugha A.N. 18. Lance Corporal Ugwuba F.C. 19. Lance Corporal Eledan G.E. 20. Mrs. Ezeh Nneka 21. Godstmine Tarabina 22. Joy Micheal 23. Sunday Micheal 24. Ukeme David 25. Gideon Omotola The Chief of Air Staff has ordered...
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RECOVER N10TRN PENSION FUND FROM FG- REPS DIRECT PENCOM. (PHOTO).

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Recover N10trn Pension Fund From FG - Reps Direct PenCom

House of Representatives has directed the National Pension Commission (PenCom) to recover the N10 trillion loan given to the Federal Government from the nation’s pension fund.

The House also resolved to investigate the status of pension fund assets of over N15.5trillion to ensure recovery of the loan. 

Adopting a motion by a member from Bauchi state, Aliyu Bappa-Misau, the House urged pension regulators to scrutinize the failure of Pension Fund Administrators (PFAs) in fulfilling their obligations on Retirement Saving Accounts.

The lawmaker stated that the Retirement Saving Accounts (RSAs) is the lifeline that pensioners rely upon to cater for their needs on retirement.

He expressed concern that most pensioners are unable to access their retirement funds, despite complying with the requirements of the scheme. 

The Lawmaker added that the inability of pensioners to access their pension has caused untold hardship to them, making it difficult for them to afford basic necessities.

“Neither the PenCom nor the PFAs have been able to reassure pensioners of getting their entitlements without stress. Modalities should be put in place to prevent a collapse of the scheme.

“The pension fund assets, which PenCom regulates, being the proceeds of the Contributory Pension Scheme and returns on investment, stood at more than 15.5trillion as at the close of the first quarter of 2023.

He said critical stakeholders have expressed concern that 65% of the pension funds (N10 trillion) loaned to the Federal Government was an investment which has exposed the contributors to unnecessary volatility.

According to him, the Federal Government may fail to pay back the loan in due time.

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