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COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives (10510 Views)

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COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by zakim(m): 9:59pm On Apr 24, 2020
The Federal Government has said that it will not borrow from the contributory pension fund to provide palliatives to cushion the effect of the COVID-19 lockdown in the country. The Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19, Boss Mustapha, said this on Friday in Abuja at the 19th joint national briefing of the committee.

The Contributory Pension Scheme, which came into existence in 2004, has grown to over N10trn. Apparently reacting to an earlier comment by the Nigeria Labour Congress (NLC) President, Mr. Ayuba Wabba, who opposed the reported move, the SGF said that although the government had toyed with the idea of borrowing from the fund, it concluded that it was too early for government to dip its hands into the fund. Mustapha said, “We had looked at the issue of pension funds.

As a matter of fact, we even got the minister of state for education to do us a position paper and our conclusion was that the time is not even right for us to go there because the entire world order in terms of our economy and in terms of our health system has been disrupted by COVID -19 and the consequences nobody can imagine until probably the dust is settled.” Meanwhile, the Federal Ministry of Labour and Employment has promised to intervene and resolve the industrial dispute between the Plateau State Government and some state health workers who were allegedly sacked.

The Minister of State for Labour and Employment, Mr. Festus Keyamo, at the briefing said that while the National Industrial Court (NIC) had closed, due to the COIVID-19 lockdown, for workers to seek immediate judicial relief, the ministry would be ready to act as conciliator in the matter between the health workers and the state government. According to him, the ministry will only intervene in industrial cases that involve health workers because of the nature of the services they are providing during this pandemic.

“Our duty in the ministry of labour is to act as conciliators in such a circumstance. For now, because we are very much aware of the impediments, if any such thing occurs now in respect to health workers who suffer any kind of injustice from their employers, the impediments are that the courts are not opened especially the National Industrial Court (NIC), they can’t rush to court and get a relief.

“Even the ministries are closed for now. But perhaps, they can try and get in touch with us through the ministry’s emails or even my personal social media handle. If they send me a direct message, because these are unusual times, to act as conciliators at this time. We understand the primacy of the work of health workers now so we can make exception only for health workers; to come out of our confinement to act as consolidators in such cases,” Keyamo said.

https://www.dailytrust.com.ng/covid-19-fg-denies-plan-to-borrow-pension-fund-for-palliatives.html

1 Like 2 Shares

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by rapcy(m): 10:24pm On Apr 24, 2020
Audio government, Na so so excuse upon excuses

5 Likes 1 Share

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by psucc(m): 10:26pm On Apr 24, 2020
How much come remain of that money sef?

6 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by simonlee(m): 10:30pm On Apr 24, 2020
They are even eyeing my future too? embarassed
chai... my yams!! cry

42 Likes 1 Share

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by yanabasee(m): 10:49pm On Apr 24, 2020
Thank God oh..... They'd have looted it off and be looking out for another money to embezzle....



These days, when I hear coronavirus, I just imagine fraud....

7 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by LordviccoDaGuru(m): 11:01pm On Apr 24, 2020
grin grin grin
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by KGREAT(m): 11:42pm On Apr 24, 2020
i just remember self, where is festus keyamo. He is in isolation abi?

6 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by omoakoraye: 5:22am On Apr 25, 2020
Why now, things suppose to change better.
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Nobody: 5:23am On Apr 25, 2020
.
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by RapistOnBail: 5:24am On Apr 25, 2020
Federal Government should leave pension alone so our parents won't die of depression and frustration.

They should instead go for corpers Allowee. They are useless and their pays should be channeled into subsidizing the inflated Face Mask.

7 Likes 1 Share

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by helinues: 5:24am On Apr 25, 2020
FG have been lying per second billing since Uncle Corona surfaced

4 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by RUGAgbuogidia1: 5:24am On Apr 25, 2020
G
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by seunlayi(m): 5:25am On Apr 25, 2020
When Jesus saw a flag with Green White and Green


And Jesus said, it is finished
Jesu si wipe, o ti pari
Ma Jisus siri, O biliwo
Yesu kuma ya ce, an gama!

6 Likes 1 Share

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by timocruzcmbb(m): 5:25am On Apr 25, 2020
Hunger de ooooo kakaraka.�
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by olaboy33(m): 5:25am On Apr 25, 2020
Pension or no pension,

Make salary sha enter.
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by funmike83(f): 5:25am On Apr 25, 2020
With all the money they have gotten, it's better they don't eye the pension fund o. I wonder what they are using all the money for whether they are giving covid patients gold. They are just shouting palliatives up and down yet we are still waiting, even though they have given billions out as parliatives. God will judge this government. This keyamo is not to be trusted. I don't believe him

7 Likes 1 Share

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by seunlayi(m): 5:26am On Apr 25, 2020
yanabasee:
Thank God oh..... They'd have looted it off and be looking out for another money to embezzle....



These days, when I hear coronavirus, I just imagine fraud....

Things won't be the same with us in Nigeria again. Everything already spent or sold out

2 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by virginboy1(m): 5:27am On Apr 25, 2020
This one they wanna borrow money for palliatives in this last week of lockdown, Hope they ain't planning to extend the lock down ooo undecided

To show how incompetent they have acted on loans given to them...nobody to lend them again.

Now its our pension funds dey are eyeing... cry
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by magicminister: 5:27am On Apr 25, 2020
Wooooow!!!!

Reading this gave me anxiety!!
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by seunlayi(m): 5:27am On Apr 25, 2020
timocruzcmbb:
Hunger de ooooo kakaraka.�

It is everywhere. Only God can help those who believe in Him

2 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by dyfaze: 5:27am On Apr 25, 2020
Upon all the donation wey dem collect.. Scam Govt

2 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by seunlayi(m): 5:27am On Apr 25, 2020
helinues:
FG have been lying per second billing since Uncle Corona surfaced
you are right

1 Like

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by nairaman66(m): 5:30am On Apr 25, 2020
Always denying!!
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by mykelswa(m): 5:31am On Apr 25, 2020
Their work is to deny.
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Chiedu4Trump: 5:33am On Apr 25, 2020
THEY WANT TO CHANGE NIGERIA TO LOOTGERIA

https://www.youtube.com/watch?v=asItI3vLBaY
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by richard870(m): 5:33am On Apr 25, 2020
Are these people okay?

1 Like

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Nobody: 5:34am On Apr 25, 2020
undecided
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Bigleaf1006: 5:34am On Apr 25, 2020
All the ones una don collect, make una come do account first undecided
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Elvis2kay: 5:35am On Apr 25, 2020
shocked
Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by gambia(m): 5:36am On Apr 25, 2020
Una eyes don dey that money tay tay.

1 Like

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Amorprincesa24: 5:45am On Apr 25, 2020
So they want to steal and enter people's future. What kind of useless government is this? Bad Leaders

4 Likes

Re: COVID-19: FG Denies Plan To Borrow Pension Fund For Palliatives by Fuckgovt: 5:53am On Apr 25, 2020
Thieves

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