Legislature
Multi Trillion Naira Audit Query: Reps panel probes Pension Transitional Arrangement Directorate
***Decries Non/delay in payments to beneficiaries
Following the multiple queries raised by the office of the Auditor General of the Federation against the Pension Transitional Arrangement Directorate (PTAD) since its inception in 2013, the House of Representatives Committee on Public Accounts has instituted a high-powered technical ad-hoc committee to carryout forensic audit on monies appropriated annually to the Agency.
The Chairman of the Committee Rep Busayo Oluwole Oke announced the decision of the Committee during a hearing on the the multiple queries with the management team of the Agency in Abuja on Monday.
The Committee lamented that despite trillions of Naira released to the Agency as yearly appropriation, pensioners were still crying about the non payment of their entitlements across the states of the Federation and the federal Capital Territory, FCT, Abuja.
The Adhoc committee to be chaired by the Vice Chairman of Public Accounts Committee, Rep. Saa’d Abdulkadir was charged to take into account the utilisation of the agency’s capital and recurrent releases and ensuring they were in conformity with financial regulations.
According to the Oke,” This is pathetic, on what basis do you justify the non or late payment to our teeming fathers and mothers who had spent the better part of their productive years serving the government in various capacities, we can not allow this ugly development to continue.
“The ad-hoc committee will have to look in to the activities of the Agency and come up with something that will guide the Committee to carry out its assignment”
The Committee also demanded for a comprehensive list of beneficiaries under the agency’s pension scheme as well as evidences of direct remittance to them on monthly basis to enable it verify the complaints of non payments of the pension.
The PAC Chairman also instructed the committee clerk to write the CBN Governor requesting PTAD’s bank statements over the years and a similar one to the Accountant General of the Federation AGF for copies of letters of releases for pension payment on monthly basis.
PTAD took over the functions of the various pension departments of the Public Service and is now responsible for payment to existing retirees of the Federal Government that retired up to June 2007, thus exiting the private sector-led contributory pension scheme.
The leader of PTAD team, who is the Director Civil Service Pension in the Agency, Mr. Sulayman Shellong, while testifying under oath admitted that for the financial year ending December 2020, the agency got a budgetary allocation of N124 billion out of which N119.2 billion was released and N127.9 billion was expended on pension payment and arrears to beneficiaries.
He said the balance was muppped up and paid into the consolidated revenue account at the end of the financial year and denied any infraction on the part of the agency in the area of pension to beneficiaries under its scheme.
While ordering the forensic audit on the finances of the pension agency Rep Oke mandated the Committee’s in-house Technical Team to do a thorough perusal of PTAD’s audited reports that originated the queries from the Auditor-Genaral of the Federation AuGF and submit an interim report which will form the basis of the next line of action on the Agency.
END
Legislature
President Tinubu urges Senate to approve ₦1.767trn External Loan
President Bola Ahmed Tinubu has formally requested the National Assembly’s approval for a $2.209 billion (₦1.767 trillion) external borrowing plan to finance part of the ₦9.17 trillion fiscal deficit in the 2024 budget. The loan, included in the 2024 Appropriation Act, is critical to the government’s broader strategy for economic recovery and growth.
In a letter to Senate President Godswill Akpabio, President Tinubu noted that the borrowing aligns with the provisions of Sections 21(1) and 27(1) of the Debt Management Office (DMO) Establishment Act, 2003. He also indicated that the Federal Executive Council (FEC) had approved the plan.
The President explained that the funds would be sourced through Eurobonds or similar external financial instruments. A detailed summary of the loan’s terms and conditions accompanied the letter to guide legislative scrutiny.
“This borrowing is necessary to address the budget deficit and fulfill our fiscal strategy for 2024. Swift approval will enable us to move forward with mobilizing these funds,” the President stated, emphasizing the urgency of the request.
Senate President Akpabio referred the matter to the Committee on Local and Foreign Deb
Legislature
Senator Natasha Transforms Kogi Central Schools with 5,000 Digital Learning Devices
By Isah Bala
Access to quality education is a cornerstone of societal progress, and Senator Natasha Akpoti-Uduaghan is embodying this vision by bringing transformative educational tools to Kogi Central. In a groundbreaking initiative, the senator recently provided 5,000 digital learning devices to public primary and secondary schools in her district, aiming to bridge the digital divide and set a new educational standard.
The devices, unveiled at Abdul Aziz Attah Memorial College (AAAMCO), are preloaded with the Nigerian curriculum from UBEC and internationally acclaimed educational resources, including Khan Academy and Discovery Kids. Through this initiative, students will experience interactive learning, enabling them to explore subjects in depth, enhance digital literacy, and engage with complex topics in a hands-on way.
This project is just the beginning of Senator Natasha’s ambitious plan to make “smart schools” the norm in Kogi Central. She envisions a future where every child in her district has equal access to digital learning, stating, “My dream is to equip all public primary and secondary schools in Kogi Central with digital learning devices before the end of my tenure in 2027.”
Beyond device distribution, the senator’s initiative includes UBEC-led teacher training to ensure educators are equipped to integrate these tools into their classrooms effectively.
With this dual approach of student and teacher empowerment, Senator Natasha is laying a foundation that will support digital literacy and skill development for years to come.
Senator Natasha’s commitment to educational advancement represents a significant step forward for Kogi Central, ensuring that young students have access to the tools they need to succeed in an increasingly digital world. This initiative marks her dedication to the constituency that entrusted her with this mandate.
Legislature
Newly Appointed Ministers Thank Senator Basheer Lado for Supportive Screening Process
Seven newly appointed ministers-designate have expressed their deep appreciation to Senator Basheer Lado, the Special Adviser to President Bola Tinubu on Senate Matters, for his instrumental role in ensuring a smooth Senate screening and confirmation process.
During a visit to Lado’s office, Ambassador Bianca Odumegwu-Ojukwu, the designated Minister of State for Foreign Affairs, spoke on behalf of her colleagues. She praised Lado’s guidance and support throughout the process, noting his efforts to make them comfortable at every stage.
“We can’t thank you enough for navigating us through this process and making everything feel manageable,” Odumegwu-Ojukwu remarked. She shared her initial anxiety, explaining how Lado’s personal touch—regular communication, detailed explanations, and readiness to help at any hour—helped them feel reassured and prepared.
The six other ministers-designate, who joined her in expressing gratitude, include Dr. Nentawe Yilwatda (Humanitarian Affairs and Poverty Reduction), Muhammadu Maigari Dingyadi (Labour and Employment), Dr. Jumoke Oduwole (Industry, Trade, and Development), Idi Muktar Maiha (Livestock Development), Rt. Hon. Yusuf Abdullahi Ata (Housing and Urban Development), and Dr. Suwaiba Said Ahmad (Minister of State for Education). Each expressed their thanks for Lado’s dedication to their success.
Odumegwu-Ojukwu conveyed the group’s appreciation, emphasizing Lado’s patience and availability: “Your commitment, your guidance, and even the late hours you kept to assist us—these made a significant impact on each of us. We are truly grateful for your support.”
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