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Business / Re: Shoprite To Leave Nigeria After 15 Years - News24 by AIICO2009(m): 10:16am On Aug 03, 2020 |
it is well with our Nation. call me for your Insurance matters 07032573919 |
Properties / Re: Multi-level Building Owners To Submit Insurance Certificates In Lagos by AIICO2009(m): 3:51pm On Jul 07, 2020 |
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Politics / Re: Hushpuppi: Call For Probe Of Atiku, Saraki, Myself Is Laughable - Timi Frank by AIICO2009(m): 3:24pm On Jul 07, 2020 |
[quote author=kidap post=91465302]Hushpuppi: Call for probe of Atiku, Saraki, Dogara, Dino, myself laughable, says Timi Frank Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Tuesday, described the call for the investigation of former Vice President Atiku Abubakar, ex-Senate President, Dr. Abubakar Bukola Saraki, ex-Speaker, House of Representatives, Yakubu Dogara, Senator Dino Melaye and himself as a huge joke. A suspected Nigerian internet fraudster, Ramon Abbas, popularly known as Hushpuppi was recently arrested in Dubai and extradited to the United States of America (USA) where he is currently facing trial. Following his arrest, the All Progressives Congress (APC) had called for the probe of some Peoples Democratic Party (PDP) chieftains, including Atiku, Saraki, Dogara, Melaye and Frank for appearing in certain photographs with the suspect. However, the PDP in a statement described the call for the arrest and probe of some of its prominent members over alleged links to Hushpuppi as “reckless and irresponsible,” saying it further exposed a victimisation agenda of the APC. Atiku, Saraki and Dogara have also in separate statements denied any business connection with the suspect. Frank in a statement in Abuja, said the photographs under reference were taken at a public function and therefore cannot be proof that any of them had business dealings with the suspect. The Bayelsa-born Political Activist said: “That Hushpuppi was privileged to be in a function where he took pictures with His Excellency Alhaji Atiku Abubakar, former Senate President, Dr. Abubakar Bukola Saraki, former Speaker Yakubu Dogara, Senator Dino Melaye and my humble self, does not prove that any of us had business dealings of any kind with him. “Hushpuppi is a Nigerian that was in a function with Nigerians and like any other Nigerian, asked for photo session with these Nigerian leaders which they obliged. “I understand that this is beyond the comprehension of the APC’s regime, especially the Head of State, Rtd. Maj. Gen. Muhammadu Buhari, because Nigerians loathe them and run away from them whenever they come across them in foreign countries, hence they are trying to rope us into an imaginary business dealings with Hushpuppi. “Does the APC think that the USA and its security agencies, like the Federal Bureau of Investigation (FBI) make arrests before investigation? “Does the APC government not realise that investigations were carried out before Hushpuppi was arrested? “America is not Nigeria where the APC’s militant wing, alias the Economic and Financial Crimes Commission (EFCC) and other security agencies, go about harassing innocent citizens even before any investigation is carried out. “We know that the APC’s government and its sycophantic town criers are very good at weaving lies, propaganda, stealing and embezzling of public funds, supporting Boko Haram insurgents, bandits and protecting APC political Hushpuppies like the cabals in the Villa who before 2015 were in debt and extreme poverty, but have within the last five years of Buhari’s regime become multibillionaires. “They even acquired Etisalat, now known as 9Mobile, Keystone Bank, etc. Some of these APC political hushpuppies even had bullion vans in their houses during the 2019 presidential election campaigns. “We have seen an APC governor open a bank in his ‘Babariga’ where he openly pocketed huge amounts of dollars without personal shame or repercussions from this government. “We have seen billions of dollars frittered away at the Nigerian National Petroleum Corporation (NNPC), Federal Inland Revenue Service (FIRS) and other government agencies under the APC regime. “Even the Attorney-General of the Federation and Minister of Justice, last week, called for the sack of the head of the EFCC over corruption allegations. The EFCC boss, Ibrahim Magu, is presently being quizzed by a Presidential Panel constituted by this regime. “What can be more embarrassing to a country than for the head of its anti-graft crusade to be indicted for corruption? “APC and this regime should bury their head in shame as this is the most corrupt democratic administration in the history of our beloved country. “If Hushpuppi had been extradited to Nigeria, this corrupt and clueless Buhari-led APC regime would have set him free. “The FBI does not need anybody to urge them to act or investigate any individual, if they have evidence against anybody they will do the needful as they are professionals in their job. “Finally, Buhari and the APC should stop wasting time sponsoring unnecessary protests, rather they should focus on delivering the fake promises they made to Nigerians during their electioneering campaigns and to think of how to repay all the debts they have accumulated through incessant foreign and local loans. END Comrade Timi Frank Political Activist and former Deputy National Publicity Secretary of the APC Abuja It is well with Nigeria....... meanwhile call me for you car third party insurance at a cheaper price less than 5k. 07032573919 |
Art, Graphics & Video / Re: Personalities On N1000 Note Wear Face-Masks As Artist Draws Note On The Wall by AIICO2009(m): 10:14am On May 07, 2020 |
Slawormir: Do you have issues with the painter before.......what happen now..... |
Jobs/Vacancies / Re: How To Get A High Paying Job In 4 Months In Nigeria by AIICO2009(m): 12:38pm On May 05, 2020 |
BiafranBushBoy: how can we go about it. |
Health / Re: Lockdown: Abuja Residents Say They Are Not Resuming Work, COVID-19 Is Real by AIICO2009(m): 10:20pm On May 03, 2020 |
Davash222:really.......... |
Career / Re: Sacked Pregnant Access Bank Cashier Collapses In Lagos After Receiving Letter by AIICO2009(m): 12:52pm On May 03, 2020 |
One thing many of you don't understand is that pple were not sacked from Access bank because of covid 19 negative effect on the economy rather is as a result of merging of Diamond and access bank. I expected any one in any of those bank to have prepared for that before now. Economy meltdown was just an excuse for retrenchment. As far as the board let go of some rented apartment definately staffs will be layoff. |
Politics / Re: 196 New COVID-19 Cases Reported. Total 1728. 306 discharged. 51 deaths by AIICO2009(m): 2:50am On Apr 30, 2020 |
Of coz that is the best time after colllation for the day. it's a daily occurrences. if that declare result that kin evening and for night another case surface. How dem go do am. you self think am. |
Politics / Re: 196 New COVID-19 Cases Reported. Total 1728. 306 discharged. 51 deaths by AIICO2009(m): 2:47am On Apr 30, 2020 |
The fact remains that the government was in a tight corner is making the decisions to relax lock down as millions of Nigerians are complaining of hunger forgeting the fact that it's a win situation for the govenment if lock down is relax coz trillion of naira are lost on daily basis as a result of the economy shut down. The implication is that from May 4 work begins its a game of survival of the fitest as death case will increase. only the survival will run the economy after all this saga. History is about to repeat itself. last last some of us go dey alright. Be wise........... 2 Likes 1 Share |
Travel / Re: Lockdown: 3rd Mainland Bridge Today's Morning (Photos) by AIICO2009(m): 2:37pm On Apr 20, 2020 |
las las we go survive......... |
Business / Re: Things That Happen When You're Broke by AIICO2009(m): 1:53pm On Apr 17, 2020 |
That is why you need to subscribe to an investment that will never make you broke. Even when all businesses fail you, this investment will not fail you. wise up today chat me on whatsapp 07032573919. 1 Like 1 Share |
Politics / Re: Riot At Iyana Ipaja Over Keke, Okada Ban In Lagos by AIICO2009(m): 1:54pm On Feb 05, 2020 |
RapistOnBail: is that the best you can suggest on this development. .......... |
TV/Movies / Re: Drop Your Favourite Horror/Paranormal Movie Titles Here by AIICO2009(m): 6:43am On Dec 06, 2019 |
Madam Gagu..... |
Career / Re: Retirement In Nigeria: How Much Does One Need To Have? by AIICO2009(m): 4:19pm On Nov 10, 2019 |
AIICO ANNUITY PLAN (SALARY FOR LIFE INSURANCE
PLAN), FURTHER EXPLAINED
Aiico Annuity plan is a retirement plan that allows the
policy holder to plan towards earning a regular income
after retirement for the duration of their remaining life. It
provides an avenue for newly retired employees or self
employed individuals to convert a lump sum deposit into
an immediate annuity. In addition, the policy provides a
lump sum benefit in the event of the policy holder’s
death.
Aiico Annuity plan is for:
-Employees planning for retirement
-Self Employed individuals
-Income earners who want to augment their retirement
annuities.
Benefits Include:
- A guaranteed regular income after retirement until death
- Flexible annuity plans ranging from immediate annuity
plans to deferred annuity plans.
- Surrender values for deferred annuities after one year
- A spousal annuity option of 75% of the original annuity
after the death of the annuitant
- Tax relief on contributions.
Coverage Include:
- Regular income to annuitants until death (it does not
matter how long you live)
- Opportunity for regular increase in the annuity payment
- Guaranteed annuity payment period
- Spousal annuity (optional)
- Death benefit (optional)
ILLUSTRATION 1
A 57 year old who wishes to start earning N12,000,000.00
annually starting from age 60, would be paying
N31,911,880.00 annually for three years. After which the
premium payment will seize as earning commences from
age sixty and throughout his life time until death.
The man, if paying N31,911,880 yearly would have paid
N95,735,640.00. However, with a yearly annuity income of
N12,000,000.00, He would have collected a total of
N96,000,000.00 within eight ( years and the yearly
earnings continues throughout life.
Frequently Asked Questions
1.Can I surrender my Annuity Policy before the agreed
period?
Ans: Yes, this is possible
If the policy has been in force for four (4) years and
above,100% of contribution is refunded at compounded
interest rate.
If the policy has been in force for less than four (4) years,
contribution is refunded but, with some penalties.
Penalties apply as follows:
If the policy has been in force for one (1) year, (penalty is
10% of contribution)
If for two (2) years ( penalty is 7.5% of contribution)
If for three (3) years (penalty is 5% of contribution).
2.What if death occurs before the commencement of the
annuity earnings?
Ans: On death before annuity earnings commences, all
contributions shall be refunded to the beneficiary with
compound interest.
3.What if death occurs before the end of the guarantee
period (the least period an annuitant can earn) In this case
10 years guarantee period is in focus?
Ans: On death of the annuitant after annuity payment had
commenced, payment will be in two parts:
-A lump sum of 5 times the annual annuity shall be paid
at the point of death (10m x 5) 50,000,000.00
- Together with any balance resulting from guarantee
period becomes payable
E.g:
(If an annuitant dies two yrs after annuity payment of 10m
annual payment
had commenced, the balance eight yrs becomes payable
to the beneficiary) 80,000,000.00
I.e- 50,000000.00 + 80,000000.00= 130,000000.00 will
be given to the beneficiaries.
4.What if I live beyond the guarantee period?
Ans: If you live beyond the guarantee period, payment
continues untill death.
Please Note: Salary for life (annuity plan) payment can
only commence from age 50.
ILLUSTRATION 2
Another example of a calculated premium based on the
illustration above: A 35 year old man who wishes to start
earning 12m naira annually for life from age 50 will pay:
N243,500 x 12 =2,922,000 annually for 15 years.
* The minimum annuity plan is N1M
For further enquiries, hit the message botton or post your
questions on the comment box. You can also call
09025760189
The key to a brighter future starts now. 2 Likes 1 Share |
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