NOBODY SHOULD BURY HIM YET, WE NEED TO FIND OUT THE TRUE CAUSE OF HIS DEATH- UNCLE OF LATE GOSPEL SINGER, TOLUWANISINGS,SAYS . (PHOTO).

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 Nobody should bury him yet, We need to find out the true cause of his death- Uncle of late gospel singer, Toluwanisings,says  An Uncle of late gospel artist Olayemi Bayonile Bolaji aka Toluwanisings, has appealed to the government, Nigerians, religious leaders and traditional rulers to help investigate the circumstances surrounding his sudden demise. The singer who was popular for his soul-lifting worship, suddenly slumped and died in Ibadan, Oyo state on October 14. Speaking during an interview with Dunmininu, the Uncle said the family has agreed that he must not be buried unless the real cause of his death is ascertained. He mentioned that the late Singer was born a Muslim and bore the name Sodiq before he encountered Christ and dropped the name for a Christian name.  “We need the help of Nigeria because Sodiq’s death is hurting us. We need the help of important people, from the government down to religious leaders and traditionalists, to help us find out the true caus...
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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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