FG Borrows N6.16tn From Worker's N8.499tn Pension Fund - Politics -

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The total pension assets under the Contributory Pension Scheme rose to N8.49tn as of the end of November 2018 financial period, latest figures obtained from the National Pension Commission on Tuesday revealed.


The pension commission said 72.5 per cent of the fund had been borrowed by the Federal Government and invested in the FGN securities totalling N6.16tn during the period under review.

The Pension Fund Administrators also invested 6.87 per cent or N584.321bn of the fund in domestic ordinary shares, while 0.71 or N60.529bn of the fund was invested in foreign ordinary shares.

According to the Pension Reform Act, the PFAs manage the funds which are in the custody of the Pension Fund Custodians.

The commission stated that it continued its consultative philosophy in the regulation and supervision of the industry.

“The Candidates”: Buhari And Osinbajo To Be In A Live Programme

The spokesperson of the Buhari Campaign Organization, Festus Keyamo, has indicated that the APC presidential candidate, President Buhari and his Vice, Yemi Osinbajo, will be participating in a live televised 2-hour presidential townhall programme on Wednesday, January 16th.

According to Keyamo, other presidential candidates will participate in the townhall programme. Read the statement below.

The President of the Federal Republic of Nigeria, President Muhammadu Buhari, GCFR and the Vice-President Prof. Yemi Osinbajo, GCON, who are also the Presidential and Vice-Presidential Candidates of the All Progressives Congress in the forthcoming Presidential elections will, on Wednesday, January 16, 2019, at 8:00pm (Nigerian time) participate in a live televised two-hour presidential town-hall programme. The venue shall be the Ladi Kwali Conference Center, Ballroom of Sheraton Hotel Abuja. Attendance is strictly by invitation. All guests are expected to be seated by 7:00pm.

The presidential series, which is titled “The Candidates”, is designed by the organisers to have both the Presidential and their Vice-Presidential Candidates of selected political parties on stage at the same time and at different dates to take questions from the moderator, Kadaria Ahmed and from the general public through various platforms.

The programme would be broadcast live on NTA, which shall in turn provide the live feeds to other partner stations like TVC, Wazobia TV, Oak TV and on all Radio Nigeria stations. It will also be streamed on-line at dtv.media to enable Nigerians in diaspora to participate.

Nigerians are encouraged to kindly tune in to participate.

Photos: Presidency confirms IGP Ibrahim Idris is leaving office today, Adamu Mohammed to take over in acting capacity

The presidency has confirmed that the Inspector General of Police, Ibrahim Idris will be leaving office today January 15th while AIG Mohammed Adamu, will take over in acting capacity.

President Buhari's personal assistant on New Media, Bashir Ahmad, disclosed this in a tweet this afternoon. He shared photos of both men in the presidential villa where they are currently holding a meeting with President Buhari.

Idris attained the mandatory 60 years for retirement today and will not be getting an extention of tenure as many people speculated.

Chris Pratt asked Arnold Schwarzenegger for permission before he proposed to Katherine Schwarzenegger

Chris Pratt sought the permission of Katherine Schwarzenegger's parents before he proposed to her, it has been revealed.

According to reports, Chris went to Arnold Schwarzenegger and Maria Shriver around Christmas to ask for permission to propose to their daughter.

An insider told US Weekly:

Chris asked for Maria Shriver and Arnold Schwarzenegger’s permission around Christmas.

Maria helped him with the proposal.

Maria Shriver was said to have set her daughter up with Chris Pratt, so helping with the proposal was a piece of cake. 

Chris Pratt's engagement to Katherine Schwarzenegger comes three months after he finalized his divorce from his ex-wife. He separated from Anna Faris in 2017 and finalized the divorce in October 2018.

Meanwhile, Anna Faris has congratulated her ex-husband on his recent engagement.

Kim Kardashian West confirms fourth child is on the way, says the baby boy is due 'Sometime Soon'

Kim Kardashian West has confirmed that she and her husband, rapper Kanye West are expecting their fourth child via surrogate.

Speaking on Monday night’s episode of 'Watch What Happens Live' with Andy Cohen, the reality star, 38, revealed the news after Cohen, who is also expecting his first child via surrogate, asked if she was “working on another child.”

“We are,” Kardashian West responded. The Keeping Up with the Kardashian star also revealed the baby is due “sometime soon.”

“It’s a boy, I think it’s been out there,” Kardashian West told Cohen.

“I got drunk at our Christmas Eve party and told some people. I can’t remember who I told because I never get drunk,” Kardashian West added.

Kardashian West and West, 41, are already parents to daughter North, 5, son Saint, 3, and daughter Chicago, 11 months, who they also welcomed via a surrogate.

"I married the incomparable Serena Williams" Alexis Ohanian writes sweet post about his wife and daughter as he joins the 10 year challenge

Alexis Ohanian took part in the trending  #10YearsChallenge by sharing side-by-side photos taken years apart.

The caption added with the photo makes his post on the 10 years challenge stand out from others.

The Reddit co-founder spoke about the progress he made in the last decade but elevated his wife, Serena Williams, and daughter, Alexis Olympian Ohanian, to the position of his greatest achievement.

He wrote:

2009 (freshfaced) on stage at @ted giving a talk about @reddit.

2019 (bearded with many grays) after countless speaking appearances, my toughest crowd is now convincing @olympiaohanian that raspberries alone are not a complete meal.

In between these photos, I left Reddit, started some other companies, wrote a bestselling book, returned to help lead the Reddit turnaround, left again in order to do @initialized full-time, married the incomparable @serenawilliams, and -- my proudest achievement yet -- co-created this little human. Not a bad decade. I cannot wait for the next 10 years. #DadThings

#10yearchallenge

Breaking: Big Brother Naija season 4 to hold in Nigeria...NA NOW WE GET SENSE

Organisers of popular reality show, Big Brother Naija have just announced that the 4th edition of the show will hold in Nigeria as against previous editions that held in South Africa.

Auditions for this year's edition will hold on February 1st and 2nd across 8 cities including Lagos, Ibadan, Benin, Enugu, Calabar, Warri, Port Harcourt and Abuja.

Ebuka Obi Uchendu will return as the show host while the headline sponsor has changed from Payporte to Bet9ja.

Recruitment For INEC Adhoc Staff For 2019 Election Thread - Jobs/Vacancies -

Inec has commenced the registration Of Ad hoc staff for 2019 general Election. The application is open for employees of federal government departments and ministries, ex corpers between 2013 to 2018, and Final year students in departments of Engineering, computer science and ICT.

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