FG’s Retirees Groan Under N230bn Pension Arrears
Federal retirees are suffering due to N230 billion in unpaid pension arrears, with no payments made in the first half of 2024. The legally mandated upward review of pensions has been suspended for 15 years. Pensioner groups suggest boycotting government securities, but experts advocate for regular dialogue and pressure from labor unions. The government's failure to release funds and implement pension adjustments has caused significant distress among retirees, many of whom wait over a year for benefits. Stakeholders emphasize the need for immediate and consistent pension payments to ensure retirees' well-being.
LASG to Mount Cameras on BRT Buses
The Lagos State Government plans to install cameras on all public buses operated by the state. This was disclosed at a meeting organized by the Lagos Metropolitan Area Transport Authority (LAMATA). The initiative aims to enhance the safety and monitoring of the Bus Rapid Transit (BRT) system. Dr. Olukemi Amure of LAMATA led the discussion, addressing previous resolutions and the progress made. Governor Babajide Sanwo-Olu noted that imported BRT buses had cameras, but locally supplied ones did not. The initiative is part of LAMATA's continuous efforts to improve service delivery.
Hotel manager remanded for alleged N.3m theft
A 30-year-old hotel manager, GodsWill Akpan, was remanded by the Chief Magistrate Court in Yaba for allegedly stealing N360,000. Employed at Switch Guest House, he was required to remit N180,000 weekly but failed to do so for two weeks, absconding with the money. Arrested after a police report, Akpan did not deny the charges. The court set bail at N500,000 with two sureties and adjourned the case to July 17, 2024.
Man United offer Hojlund plus cash for Osimhen
Manchester United is interested in signing Napoli striker Victor Osimhen. They proposed a player-plus-cash deal involving striker Rasmus Hojlund. Despite his impressive performance last season, Hojlund might be part of the deal. Napoli, anticipating offers, lowered Osimhen's asking price to €100 million. No official approaches have been made yet, though Osimhen has attracted interest from multiple top clubs.