Headlines
Retired Federal Workers to Receive Additional ₦32,000 Monthly Pension
 
																								
												
												
											By: Fabian Apechihin
Retired federal workers under the Contributory Pension Scheme (CPS) will soon begin receiving an additional ₦32,000 monthly, following President Bola Ahmed Tinubu’s approval of a ₦758 billion bond to clear outstanding pension liabilities.
The intervention ensures that CPS retirees benefit from the National Minimum Wage Amendment Act 2024 and consequential adjustments. The ₦32,000 monthly increase will serve as a baseline pension for retirees in education, health, security, and the Armed Forces, regardless of their individual savings balance.
On August 6, President Tinubu directed the “prompt implementation of long-overdue pension increases and a minimum pension guarantee, which would provide a safety net for the most vulnerable pensioners under the CPS.”
Officials of the National Pension Commission (PenCom) confirmed that with the National Assembly’s concurrence, the bond proceeds would soon be released for payments. One senior official explained that the initiative sets a minimum guaranteed pension, protecting retirees with low savings from falling into poverty.
PenCom Director-General, Omolola Oloworaran, detailed how the ₦758 billion bond would be allocated:
- ₦253 billion for accrued rights — entitlements of federal employees who joined service before the CPS began in 2004, or who were within three years of retirement at the time.
- ₦387.5 billion to settle pension increases dating back to 2007, covering nearly two decades of unpaid adjustments.
- ₦107 billion for the Pension Protection Fund, designed to support low-income retirees and ensure they receive a living wage.
Oloworaran noted that PFAs (Pension Fund Administrators) are prepared to promptly credit retirees’ accounts once the funds are available, with PenCom providing oversight to guarantee transparency and immediate disbursements.
“This intervention is critical to restoring trust in the Contributory Pension Scheme,” she said. “Confidence had waned due to years of unresolved liabilities, but this initiative shows government’s commitment to protecting the welfare of ordinary Nigerians.”
The National Salaries, Incomes and Wages Commission (NSIWC) had last year announced the pension adjustment, confirming retirees would receive the additional ₦32,000 monthly in line with the new minimum wage law.
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Headlines
FG Dismisses Coup Rumour, Reaffirms Confidence in Nigerian Military
 
														By: Fabian Apechihin
The Federal Government has dismissed widespread rumours of an alleged military coup plot against President Bola Tinubu, declaring its full confidence in the loyalty and professionalism of the Nigerian Armed Forces.
Minister of Information and National Orientation, Mohammed Idris, made this known in an interview with The Punch on Sunday, insisting that the administration has “no reason whatsoever” to doubt the assurances given by the Defence Headquarters, which had earlier denied reports linking the detention of 16 military officers to a coup attempt.
“The Federal Government has no reason to doubt the military on what it has said,” Idris stated.
“We believe the Armed Forces of Nigeria remain committed to protecting the nation’s territorial integrity and strengthening the fight against insecurity. The government commends their sacrifice and will continue to support them in safeguarding the country.”
The minister’s remarks came a day after the Director of Defence Information, Brigadier General Tukur Gusau, firmly debunked a report by Sahara Reporters alleging that the detention of 16 officers was connected to a failed coup plot and the cancellation of the 65th Independence Day parade.
Gusau described the publication as “false, mischievous, and deliberately aimed at creating unnecessary tension and public distrust.”
He clarified that the cancellation of the October 1 Independence Day parade was a purely administrative decision — taken to allow President Tinubu attend a key bilateral meeting abroad and to enable military units sustain ongoing counterinsurgency operations nationwide.
On the issue of the detained officers, Gusau said their case was “an internal disciplinary process” and not related to any political matter.
“The investigation involving the 16 officers is routine, aimed at upholding discipline and professionalism within the ranks,” he explained. “An investigative panel has been constituted, and its findings will be made public in due course.”
Reaffirming the military’s constitutional role and unwavering commitment to civilian rule, Gusau stressed emphatically:
“Democracy is forever.”
Headlines
FG Moves to Reform Civil Service Disciplinary System for Greater Efficiency
 
														By: Fabian Apechihin
The Federal Government is set to overhaul the disciplinary control system in the civil service to promote efficiency, accountability, and timely resolution of cases.
The Chairman of the Federal Civil Service Commission (FCSC), Prof. Tunji Olaopa, made this known during a one-day joint retreat between the FCSC and the Office of the Head of the Civil Service of the Federation (OHCSF).
In a statement issued on Tuesday by the Commission’s Head of Press and Public Relations, Taiwo Hassan, Olaopa emphasized that the review would drive culture change, value reorientation, and improve the overall disciplinary framework in the public sector.
He likened the relationship between the FCSC and OHCSF to that of “Siamese twins,” noting that both bodies share crucial responsibilities in policy implementation, regulatory enforcement, and leadership across the service.
Olaopa also underscored the need for stronger collaboration and communication between the two institutions to avoid misunderstandings, build trust, and enhance service delivery.
The FCSC chairman further advocated for an integrated system that links merit-based recruitment, competency-driven human resource management, and performance evaluation with the civil service wage structure, saying such reforms would help reposition government as an “employer of choice.”
Speaking on behalf of the Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, Esther Walson-Jack praised Olaopa’s reform initiatives, describing the retreat as a renewed commitment to strengthening collaboration and efficiency within the civil service.
The renewed push for reform follows rising concerns about bureaucratic bottlenecks, delayed disciplinary actions, and weak accountability mechanisms in Nigeria’s public administration.
Headlines
BREAKING: Tinubu Drops Fiscal Bombshell: FIRS, Customs, NUPRC Can No Longer Keep Billions — Every Kobo Now Goes to Nigerian
 
														In a landmark move to boost transparency and strengthen Nigeria’s economy, President Bola Ahmed Tinubu has abolished the long-standing practice where revenue-generating agencies like the Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) withheld huge sums as their “cost of collection.”
The new directive, announced by Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, mandates that every kobo collected must now go directly into the Federation Account, as required by the Constitution.
Until now, agencies deducted massive amounts before remitting funds — for instance, FIRS alone retained over ₦250 billion in 2024. This practice reduced what was available for federal, state, and local governments through the Federation Account Allocation Committee (FAAC).
With Tinubu’s reform, more money will now be available to fund roads, schools, hospitals, jobs, and critical infrastructure across the country.
“This is about fairness, transparency, and accountability. Nigerians deserve to feel the impact of every naira collected,” Edun emphasized.
The policy also ties into Tinubu’s Renewed Hope Agenda, ensuring fiscal discipline while funding social protection programs. This October, the government is reaching 10 million vulnerable households with direct cash transfers, with a target to cover 50 million households by year’s end.
Analysts hail the reform as a “turning point in Nigeria’s fiscal history”, marking the end of leakages and a bold step toward a transparent, people-driven economy.
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