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FCTA Suspends 13 Officers over EFCC Prosecution

The FCT Administration has approved the suspension of 13 officers undergoing prosecution by the Economic and Financial Crimes Commission (EFCC). The FCT Permanent Secretary, Dr. Babatope Ajakaiye made this disclosure in Abuja. According to him, the suspension is in line with the Public Service Rule 030406,...

Bafarawa to Buhari: Prosecute Economic Crimes Committed by APC Members

Former Governor of Sokoto State and Garkuwan Sokoto, Alhaji (Dr.) Attahiru Bafawara has descended heavily on President Muhammadu Buhari on the anti-corruption stance of his administration. The former Governor, in an open letter to President Buhari, a copy of which was made available to Economic...

N17.2bn Debt: NERFUND to Drag Defaulters to EFCC

The management of the National Economic Reconstruction Fund has said it would engage the services of the Economic and Financial Crimes Commission in the recovery of its non-performing loans, which are estimated at about N17.2bn. Some 1,143 projects in the Small and Medium Enterprises sector...

Pension Fund as Tool for Infrastructural Development

If the recent news about the collaboration of National Pension Commission, with Economic and Financial Crimes Commission, EFCC, in a bid to compile and prosecute list of employers who have not been remitting deducted pension contributions, then there is no doubt the pension commission...

Pension Funds Hit N5.8trn

The nation’s pension fund has hit N5.8 trillion, the National Pension Commission, PenCom, disclosed. Presenting a paper at the forum of Finance Correspondents’ Association of Nigeria, FICAN, in Abuja, Head of Investment Supervision Department, Mr. Ehimeme Ohioma, who represented the Director-General, Mrs. Chinelo Anohu-Amazu,...

EFCC to Prosecute Firms Not Remitting Pensions

The National Pension Commission said it was engaging the Economic and Financial Crimes Commission to prosecute individuals and companies that had yet to remit the pensions of their employees that were deducted at source. It said the leaderships of both agencies had met to discuss...