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This Pension fund wahala just tire me as more issues are arising. Nigeria needs to be rid of every corruption and soonest too, if she must make commensurate progress. Well, here is the news breaking!
A group under the aegis of Northern Youth For Equity, NYE, has alleged that part of the N282billion recovered by the defunct Pension Reform Task Team, PRTT, was used in awarding pipeline protection contract to former Niger Delta militant, Government Ekpemupolo  a.k.a. Tompolo.
National coordinator of the NYE, Comrade Abdullahi Ladan, who spoke in Abuja, Monday, said that it was worrisome that the Federal government would use money stolen from pensioners to fund pipeline protection when thousands of pensioners were yet to receive their pensions.
Ladan said that the government cannot deny the fact that the money recovered by the defunct PRTT was nowhere to be found as it has been misused, "while those responsible for the recovery of the money were ignominiously dismissed from service."

"There are incontrovertible facts to show that it was part of the Pensions Reform Task Team recovered N282billion that was used to award contract to Niger Delta militant, Tompolo. If it is not the money, the Federal Government should prove where it got the money to award the contract since there was no allocation for it in the budget.
"It is also sad to note that Maina and co, who fought hard to expose the rot in the Head of Service pension office were used as sacrificial lamb to appease the Senate. But time shall tell who is deceiving who," Ladan claimed.
He further alleged that of the N282billion only N16million was left in the vaults of the CBN, while accusing the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, of setting up a parallel Pension Commission in her office with a director already in that capacity, which he said was to continue with the impunity that has become associated with pension funds in the country.
It would be recalled that the Mr. Abdulrasheed Maina's PRTT was dissolved based on the insistence of the Senate following alleged refusal of the then chairman to honour invitation of the Senate Committee on Establishment and Local Governments to appear before it.
Already, six officials of the Head of Service Pension Office are facing trial over allegations of corruptly enriching themselves with pensioners' fund. Last week, a Federal Capital High Court ordered the Economic and Financial Crimes Commission to confiscate the properties of Abubakar Kigo, former director in the Police pension office before being made a permanent secretary, Mrs. Uzoma Atang, assistant director in the office amongst others.


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