News – Page 23 – Democracy Radio

P&ID Case Lawyers Urge Procurement Reform, Applauds CBN Legal Counsel

By Oluwakemi Kindness The Federal Government has received critical recommendations from foreign legal counsel who successfully represented Nigeria in the high-profile legal battle against Process & Industrial Developments Ltd. (P&ID), aimed at preventing future contractual disputes. The legal experts emphasized the importance of implementing robust safeguards when entering into high-value contracts. Central to their recommendations is the need to strengthen the nation's procurement processes and ensure comprehensive due diligence on prospective contractors and service providers. According to the legal team, […]

May 23, 2025 15 2 2

2 2

General

PenCom Tasks Fund Operators’ Vendors to Enforce PRA 2014

By Oluwakemi Kindness The National Pension Commission (PenCom) has issued a new directive to all Licensed Pension Fund Operators (LPFOs), comprising Pension Fund Administrators PFAs) and Pension Fund Custodians (PFCs). The directive prohibits transacting with service providers and vendors that do not remit pensions for their employees as evidenced by a Pension Clearance Certificate issued by PenCom. Section 2 of the PRA 2014 mandates all employers in the public and private sectors—including Federal, State, and Local Governments—to participate in the […]

May 23, 2025 13 2 2

Featured

FCT Administration Reads Riot Act to Traffic Offenders

By : Sofiat Adenekan The Federal Capital Territory Administration (FCTA) has issued a stern warning to motorists who engage in traffic violations. It listed the violations to include driving against traffic and running red lights while pledging strict enforcement measures, including vehicle impoundment and prosecution. The warning, issued through the FCT Transportation Secretariat, comes amid growing concern over the increasing incidence of traffic infractions across Abuja. The Director, Directorate of Road Traffic Services (DRTS), Abdulateef Bello, says offenders will be […]

May 23, 2025 10

Featured

Professor Sulaiman Celebrates Kwara Students’ UTME Success

By Sofiat Adenekan The Director General of the National Institute for Legislative and Democratic Studies, Professor Abubakar Olanrewaju Sulaiman, has praised the exceptional performance of public secondary school students in Kwara State in the 2025 Unified Tertiary Matriculation Examination. In a statement released Thursday, by his media aide, Mohammad Abdulkadri, Professor Sulaiman describes the students’ success as inspiring, particularly singling out pupils from Ansarul Islam Secondary School and the University of Ilorin Secondary School in Ilorin. Among the top performers, […]

May 22, 2025 6

News

NSITF Begins Partnership with DBI to Boost Staff’s Digital Literacy

By Chinedu Echianu The Managing Director, Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has identified technology, digital skills and Literacy as critical tools to boost service delivery in the operations of the Fund and other government agencies. To this end, he stated that the NSITF is committed to specialized training and continuous training of its workers to ensure effective service delivery, pointing out that the Fund is embracing and employing every measure to deepen inhouse capacity, and work […]

May 22, 2025 67

Featured

Wike Defends N1.78trn 2025 FCT Budget Before National Assembly

By Sofiat Adenekan The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Wednesday defended the FCT’s N1.78 trillion statutory budget proposal for the 2025 fiscal year before the Senate and House Committees on the FCT. Defending the budget at the National Assembly, Wike disclosed that 72.30 percent of the proposed sum amounting to N1.29 trillion is allocated to capital expenditure, while the remaining 27.70 percent, or N494.13 billion, is earmarked for recurrent spending. According to the minister, the […]

May 21, 2025 15

News

AI and Digitalization Can Boost Workplace Safety and Health -NSITF MD

By Chinedu Echianu Managing Director of Nigeria Social Insurance Trust Fund, (NSITF), Barrister Oluwaseun Faleye has advocated the adoption of Artificial Intelligence also known as AI and Digitalization in ensuring workers safety in Nigeria. Speaking in Abuja at the Occupational Safety and Health Forum in commemoration of the World Day of Safety and Health organized by the Fund, Barrister Faleye, advised that while embracing technology, care should be taken not to forget the core objectives that drive safety and health […]

May 20, 2025 20

3

National Assembly

Reps Urge Swift NEMA Response to Okpe Communities’ Crisis

By Oluwakemi Kindness The House of Representatives on Tuesday urged the National Emergency Management Agency (NEMA), to as a matter of urgency, conduct a Post Disaster Assessment on Jeddo, Ugbokodo and Ughoton of Okpe Local Government Area of Delta State. The House also urged the National Emergency Management Agency to provide the affected communities with the needed relief materials and other necessary assistance. The resolution of the 10th House followed a matter of urgent public importance by Representative Benedict O. […]

May 20, 2025 10 3

5

Economy

CBN Reassures Public on Banking Sector Stability

By Oluwakemi Kindness The Central Bank of Nigeria, CBN, has reassured the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound. The reassurance by the CBN follows certain publications and social media reports containing misleading information regarding the operations of a regulated financial institution. The CBN in a statement says like all other regulated institutions, the institution referenced in these reports is held to stringent regulatory requirements, and there is no cause for concern regarding the safety […]

May 20, 2025 9 5