Heryeendey's Posts
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save voyage... tanoids u can go and hug transformer .. |
sontin wey musicians go flaunt na hin sambo dhe hide...poitician !! |
where is Barcnist d analyst |
WHR pishure ![]() |
itel1701 |
make dem do Justice enuf of dis |
pmb carry on I support ur mandate |
cute man...tanks 4 ur deliverance 4rm DAT useless past administration |
s DAT ur help 2wards fighting insurgency ![]() ![]() ? |
op
|
shhhhhhhhhhhhhhhhhhhhhhhh |
fearless president with heavy promises |
bunch of liars |
ritababe:abeg which game b dia? |
guys switch 4 itel prime note 1701. .. |
some _ will want us to blv he didn't steal anytin if una no get sense we we get |
By the end of May this year, the total funds under the Contributory Pension Scheme rose to N4.9tn, statistics obtained from the National Pension Commission have shown. According to the commission, N568.9bn (11.58 per cent) and N72.97bn (1.49 per cent), of the funds have been invested in domestic ordinary shares and foreign ordinary shares, respectively, while N2.48tn and N601.65bn were invested in Federal Government of Nigeria’s bonds and Treasury Bills, making 50.64 per cent and 12.25 per cent of the funds in that order. PenCom stated that N166.2bn (3.38 per cent) and N140.06bn (2.8 per cent) were invested in state government securities and corporate debt securities, respectively. The Pension Fund Operators invested N12.69bn (0.26 per cent) and N580.09bn (11.8 per cent) in supra-national bonds and local money market securities, respectively. According to the PenCom report, N5.005bn (0.10 per cent) and N21.5bn (0.44 per cent) of the funds were invested in foreign money market securities and open/closed-ends fund; while N209.12bn (4.26 per cent) and N12.07bn (0.25 per cent) were invested in real estate properties and private equity funds, respectively. The operators also invested N568.7m (0.01 per cent) in infrastructure funds, while N34.2bn (0.7 per cent) of the funds was invested in cash and other assets. Funds under the CPS had risen from N4.54tn and N4.71tn in January and February to N4.74tn and N4.86tn in March and April, respectively. The total assets rose from N4.05tn at the end of 2013 to N4.6tn at the end of the 2014 financial period. According to PenCom, pension funds will only be invested in the bonds of states that are compliant with the CPS. At the end of the 2014 financial year, it noted that about 24 states had adopted the CPS, while 12 others were at various stages of implementing the scheme, with one state yet to commence the process. The Director-General, PenCom, Mrs. Chinelo Anohu-Amazu, said the Pension Reform Act, 2014 re-enacted the fundamental provisions of the repealed PRA 2004, which included the establishment of the CPS, uniform standards for pension administration as well as approving the commission as the sole regulator and supervisor of pension matters in Nigeria. She added that there were new developments introduced by the PRA 2014 such as the upward review of the minimum rate of pension contributions and the sanctions/penalties for infractions of the provisions of the Act. Prior to the enactment of the PRA 2014, she said several states of the federation had adopted the CPS and were at various stages of implementing it. Recent developments with regard to inadequate finances of most states of the federation are a pointer to the urgent need for the states to adopt the CPS, she said. Anohu-Amazu added, “In our quest to assist the states in guided implementation, PenCom has established functional offices in the six geo-political zones, including Awka for the South-East. “These offices have been equipped to provide the required technical assistance to states and local governments in their efforts to adopt and implement the CPS.” Source: www.punchng.com/news/pension-assets-rise-to-n4-9tn/ |
Kano - Boko Haram gunmen killed dozens of people in four villages in northeast Nigeria, slitting some residents' throats and opening fire on others, one resident and the police said on Tuesday. "Boko Haram gunmen came into our villages at night, killing 43 people," said Sheriff Kulo, from Kilwa village near Monguno, who escaped to the Borno state capital, Maiduguri. There was no corroboration of his death toll but the state police commissioner confirmed the raids, which happened late last Friday. Details have only just emerged because of poor to non-existent phone networks in the remote area. Villagers slaughtered Boko Haram has mounted almost daily raids, bombings and suicide attacks in northeast Nigeria since 29 May, when Muhammadu Buhari became president vowing to crush the six-year Islamist uprising. On Monday, he sacked his entire military high command, who were appointed by his predecessor Goodluck Jonathan, in the latest sign he is making a fresh start in the counter-insurgency. Kulo said the gunmen seized food and cattle then set villagers homes on fire. "In Kilwa alone, they killed seven people, including the village head and left one seriously injured with a fracture on his leg," he added. "They then proceeded to Gwollam, Misala and Magaram, where they did the same thing. In all they killed 43. "They opened fire on residents and in some cases they used knives to slaughter their victims." Many women and children fled to Monguno but were living in the open air with little food, he said. Others made it to Maiduguri to raise the alarm. The Borno state police commissioner, Aderemi Padokun, confirmed the attacks. "From what we heard, the gunmen raided these villages. They shot dead their victims and in some cases slit their throats. They also carted away foodstuffs and livestock," he said. "We don't have details of the actual number of people killed in the attack but I can confirm it happened." Boko Haram mounted a similar raid on a nearby village in the Monguno area on 1 July, killing 48. The latest deaths take the number of people killed since Buhari's presidency began to more than 625, according to an AFP count. |
Saucekide25:. mehn d phone inner memory ain't real |
PROPHETmichael:TRUTH NI |
PROPHETmichael:WHEN OP IS HIGH |
Naijiant:F T C |
Tundenoni:JUST LEAV DEM HATERS.. I SMH FOR DEM GENERATION |
Eshinery:AMIN |
GO ICAN WEBSITE |
OP JST COUNT URSEF LUCKY |
chukwudi44:..SHHH |
msmon:MY GOOD PRESIDO |

