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REPORT: Tinubu’s nominee NOT statutorily qualified to be PenCom DG

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Except the Pension Reform Act, 2014 is amended ahead of her confirmation hearing by the senate, Omolola Oloworaran is not statutorily qualified to be the director-general of the National Pension Commission (PenCom).

 

Announcing the appointment on Saturday, Ajuri Ngelale, the presidential media aide, described Oloworaran as a “finance and banking expert with many years of experience”.

 

However, there are questions as to whether Oloworaran’s qualifications and experience align with the prescriptions of the Pension Reform Act (PRA) 2014.

Report by TheCable

THE LAW

Section 26 (1) of the PRA 2014 empowers the president to appoint the director-general of the agency, stating that such appointment will be subject to the confirmation of the senate.

 

However, section 26 (2)(d) of the act, stipulates that the director-general must “possess a relevant and adequate professional qualification in pension matters with 15 years cognate experience”.

 

OLOWORARAN’S CAREER PATH

In the last 20 years, Oloworaran’s career path in the private sector has been in the financial industry.

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According to her LinkedIn profile, her career has cut across various companies: Renaissance Capital, FDHL GROUP, Stanbic IBTC and First Bank.

 

Between June 2004 and March 2008, Oloworaran worked at treasury operations, Citi Group, before joining Renaissance, where she rose through the ranks from the position of a senior specialist to finance manager.

 

Oloworaran left Renaissance in April 2013 to join FDHL Group, where she had a short stint as a consultant — exiting in November of the same year to join Stanbic IBTC as head of global market operations.

 

Three years later, she became Stanbic IBTC’s head of the international business centre, but left the company for First Bank of Nigeria (FBN) in June 2009 to serve as head of transaction banking operations.

 

According to her profile on the FBN website, she is the group head of First Shared Services.

 

From the findings, Oloworaran does not have the requisite experience contained in the PRA to head PenCom.

 

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A HISTORY OF CONTROVERSIAL APPOINTMENTS

This will not be the first time the appointment of a PenCom DG will cause controversy.

 

The original PRA, enacted in 2004 when pension reform began, stipulated that the DG must have professional skill “with not less than 20 years cognate experience relating to pension matters and/or insurance”.

 

Chinelo Anohu, who was the acting DG in 2014, did not meet the requirement but the act was amended and the requirement was reduced to 15 years — thereby paving the way for her to be confirmed in a substantial position.

 

She was removed controversially in April 2017 by President Muhammadu Buhari, who then nominated Dikko Aliyu AbdulRahman for the position — even though he was statutorily barred because he was chairman of Premium Pension Limited, one of the pension fund administrators (PFAs) regulated by PenCom.

 

PRA 2014 expressly states in section 5(a): “The Chairman and members of the Board shall not (a) own controlling shares in any Pension Fund Administrator or Pension Fund Custodian prior to and during their tenure of office as Chairman or members of the Board; or (b) be directors or shareholders in any Pension Fund Administrator or Pension Fund Custodian before the expiration of three years after ceasing to be a Chairman or member of the Board.”

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Vice-President Yemi Osinbajo, as acting president when Buhari was on medical leave in May 2017, reversed the appointment and nominated Funso Doherty as new PenCom DG.

 

Ironically, Doherty was disqualified by the same law as he was the MD of ARM, one of the largest PFAs in Nigeria.

 

Osinbajo served on the ARM board before he became vice-president in 2015.

 

Doherty’s nomination did not fly and Aisha Dahir-Umar, who was acting DG, was eventually named by Buhari in 2020 for the substantive appointment.

 

She was confirmed for a five-year tenure in December 2020 but there is no security of tenure for the position.

CULLED FROM THE CABLE

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FG explains repatriation deal, says only Nigerians without valid documents to live in UK affected

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The Federal Government has explained that the agreement it signed with the UK government only relates to Nigerians who do not have legal status to live and remain in the UK.

It explained that the Nigerian government was not taking foreigners, as the UK was not compelling Nigeria to take those who are not our citizens.

“For clarity, it is important to state that the agreement signed by the Minister of Interior, Olubunmi Tunji-Ojo, during the state visit of President Bola Tinubu on behalf of the government of Nigeria, and Home Secretary, Shabana Mahmood, on behalf of the UK government, only relates to Nigerians who do not have legal status to live and remain in the UK.

“Nigerian government is not taking back non-Nigerians. The UK government is not compelling Nigeria to take those who are not our citizens. This clarification becomes necessary because of those who have already revved up their misinformation machinery,” a statement signed by a presidential aide, Temitope Ajayi, partly read.

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It further noted that the agreement guarantees that returnees who are citizens of Nigeria would be treated with dignity, rights retention under domestic law, and may re-enter in the future if they meet the applicable immigration requirements.

Quoting a social media post by the Ministry of Interior, the statement added, “It also provides detailed arrangements for the dignified return and reintegration of NIGERIANS who do not have the legal right to remain in the UK.

“This arrangement includes: the use of secured travel documentation, case-by-case identity verification, and safeguards for vulnerable individuals and potential victims of trafficking.

“This framework also sets out clear definitions, scope, and areas of cooperation, including information sharing, capacity building, training, and joint research on migration management and border security.”

Under the agreement, the UK will, for the first time, be able to return affected individuals using “UK letters,” an alternative identification document issued to those without valid passports, after the Nigerian government agreed to recognise them, according to the Home Office.

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“Visa overstayers, foreign criminals and failed asylum seekers will be removed from British soil far more easily under a new agreement struck this week during the state visit of Nigeria’s President, Bola Tinubu.

“UK letters, an alternative identification document issued to individuals without a valid passport and used to support the return of people with no right to remain in the UK, will be recognised by the Nigerian government for the first time.

“The agreement, reached between the Home Secretary, Shabana Mahmood, and Nigeria’s Minister of Interior, Dr Olubunmi Tunji-Ojo, removes one of the major administrative hurdles to returning people, meaning the UK will no longer have to wait for emergency travel documents to be issued by Nigeria,” the statement by the UK Home Office read partly.

UK Minister for Border Security and Asylum, Alex Norris, said the agreement reinforced efforts to tackle illegal migration.

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‘Individuals took advantage to act irresponsibly’ — Community leaders deny rape claims, blame youths for exploiting festival to harass women

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Leaders of Ozoro community in Delta state has reacted to allegations of rape and harassment of young women during the community’s Alue-Do festival.

On Thursday, there was widespread anger on social media after multiple videos circulated on X showing men tearing the clothes of young women during the festival.

In one of the viral videos, young men were seen groping women in a manner widely described as animalistic and despicable.

In the clip, a young woman could be seen crying and clutching her torn clothing as some men violently harassed her.

In its reaction to the shocking incidents, the state government described them as “barbaric, heinous and unacceptable”.

The government said no individual or group should be allowed to hide under the guise of a festival to perpetrate criminal acts.

As outrage grew, the state police arrested Omorede Sunday, a community leader, and four other suspects over allegations of rape and assault.

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However, a statement on Friday, co-signed by Berkley Asiafa, president-general, and Obaro Egware, secretary-general, said the viral videos portrayed the festival in a bad light.

“Ozoro Kingdom is made up of five traditional communities, each with its distinct customs, traditions, and festivals,” the statement reads.

“On the said date, Uruamudhu Community celebrated one of its ancient festivals known as the Alue-Do Festival.”

The community leaders described Alue-Do as a “festival of fertility, widely believed to be a cultural practice that brings blessings of children to individuals or couples experiencing difficulty in childbirth”.

“As part of this long-standing tradition, certain symbolic practices are observed, including the act of playfully dragging and pouring sand on married individuals who are yet to have children, as a cultural expression believed to invoke fertility,” the statement added.

The leaders, however, said “some youths misinterpreted and misapplied the cultural practice in a negative and unacceptable manner, leading to the harassment of some young women”.

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The community leaders, however, maintained that, contrary to widespread reports, there was no rape at the festival, but two young women were harassed.

“We wish to clearly state that reports circulating on social media alleging that rape and widespread atrocities occurred during the festival are false and misleading,” the statement reads.

“No incidents of rape were recorded. The situation involved the harassment of two young women by individuals who took advantage of the occasion to act irresponsibly.”

The statement added that the community leadership contacted security agencies, who brought the situation under control and have commenced investigations.

“The leadership of Ozoro Kingdom strongly condemns any form of harassment or misconduct. Such behaviour is not part of our culture and traditions and will not be tolerated,” the statement reads.

“Appropriate steps are being taken to address the actions of those involved and to ensure that future celebrations are conducted in a peaceful, respectful and orderly manner.”

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The community leaders urged the public to disregard false reports and refrain from spreading misinformation that may tarnish the image of its cultural heritage.

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Delta community head, four suspects arrested over alleged sexual assault during festival

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The Delta state police command has arrested one Omorede Sunday, a community head, and four other suspects over reported cases of rape and assault of young women during a festival in Oruamudhu community in Ozoro, Isoko north LGA of the state.

On Thursday, viral videos of men ripping apart the clothes of young women, while groping them, appeared on social media.

One of the clips showed a young lady crying and clutching her torn clothing as some young men violently groped her.

According to tradition, women  in the community were expected not to venture outdoors from 12pm to the next day during the festival.

Some social media users also claimed that it was the youths in the community who turned the festival into a “rape event” because women were prohibited from participating in the festival.

Meanwhile, videos of the incident have sparked outrage on social media, with many Nigerians calling on security agencies to arrest the perpetrators and protect the women.

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In a short statement released on Friday, Bright Edafe, Delta police spokesperson, said Sunday, the community head, is the “chief organiser” of the festival.

Edafe disclosed that the Delta police commissioner had ordered the transfer of the suspects to state criminal investigation department (CID).

“The community head and chief organiser of the event, one chief Omorede Sunday and four other suspects from Oramudu quarters in Ozoro have been arrested,” Edafe said.

“The CP has ordered that they should be transferred to State CID with immediate effect. The CP vows that anyone involved will be arrested and brought to justice.”

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