News
PenCom & NPAN Team Up to Enhance Media Pension Compliance
The National Pension Commission (PenCom) says it will forge a strategic partnership with the Newspaper Proprietors Association of Nigeria (NPAN) to ensure compliance of pension remittance by managers of media organisations in Nigeria.
Director General of the National Pension Commission, Ms. Omolola Oloworaran, made the disclosure in Abuja when she led her management team on a courtesy visit to the President of the Newspaper Proprietors Association of Nigeria (NPAN), Malam Kabiru Yusuf, on Monday.
She said the purpose of the visit was to seek support for the compliance within the media sector to conform to the Pension Reform Act of 2014, which mandates that all employers must remit pension contributions for their employers on a monthly basis within seven days.
Accordingly, the DG highlighted that the mandate of PenCom is to enforce and ensure full compliance with the Act and as part of the drive for compliance, the commission has been having several meetings with employers across the country, while noting that many media houses are not remitting pension for their staff as employers currently owe over N700 million in pension remittance.
“A couple of weeks ago, we met with the Press Council as well to help us in this drive to ensure compliance with the Pension Reform Act.
What we do in PenCom is we try to engage employers and get all employers to be compliant with the Act by ensuring that everyone is contributing towards the financial security of their staff.
So, we are the watchdogs to enforce that. Unfortunately, it’s been a tall task particularly within the media sector.
“The findings are very troubling because based on the investigations we’ve done, the media houses are owing pension contributions to the tune of N720million.
That’s a whole lot. “It seems to me like a number of them don’t even bother to pay at all. And it’s striking because we hold the media in high esteem in society.
And like I said, the media helps to shape national discourse and we hope and assume that at least they will be leading in the case of contributing pensions for their workers,” she added.
She, however, commended Media Trust Group for being the sole media outfit that has been compliant with remitting staff pension into their Retirement Savings Account (RSA).
“I must first of all commend the Media Trust Group because they have essentially been leading by example in this area. You’ve been compliant since 2015.
She reiterated that the purpose of the visit was not focused on being punitive but to seek NPAN’s collaboration towards financial security of workers
In his response, the President of NPAN who also doubles as the Chairman Board of Directors of Media Trust Group, Malam Kabiru Yusuf, noted that newspaper houses are struggling to survive as many cannot pay salaries, let alone remit pension.
“The industry is in deep trouble. Maybe that is partly why this compliance is not happening. I do know for a fact that many newspapers cannot even pay their obligation to their staff,” he noted.T
o address the situation, He said “We have a super group called the Nigerian Press Organisation which is made up of the NPAN, the Nigerian Guild of Editors and the Nigerian Union of Journalists.
We work together sometimes. So, it is important to arrange a meeting with all these associations and chart a way forward,” he explained.
He proposed that the meeting be slated in August or September to interface with PenCom to find a lasting solution to pension remittance in the media industry.
News
Uzodimma to Editors: You should be held accountable for what happens to Nigeria
“The narratives you shape between now and the election will determine whether Nigerians approach 2027 with hope or cynicism, with trust or suspicion, with a sense of shared stake or through a tribal lens.”
Senator Hope Uzodimma, the Governor of Imo State, says the Nigerian media industry should be held accountable for what’s happening in the country and to its citizens, both positively and negatively.
“Your reports and comments paint a picture of tomorrow. Therefore, the picture you paint of 2027 is what Nigerians should expect,” said Uzodimma.
In a keynote address , he delivered today during the 21st edition of the All Nigerian Editors Conference in Abuja.
Uzodimma, critique the theme, ‘Democratic Governance and National Cohesion: The Role of Editors,’ and a sub-theme: ‘Electoral Integrity and Trust Deficit: What Nigerians Expect in 2027,’ said : I will not let you escape accountability for electoral integrity, trust deficit, and what Nigerians expect in 2027.
Here is why. If you have a role to play in “Democratic Governance and National Cohesion,’ then you also have a role to play in ‘Electoral Integrity and Trust Deficit.’
Without electoral integrity, there can be no democracy. Electoral integrity begets democracy, and democracy begets good governance, and good governance fast-tracks the exorcism of trust deficit.
In all of these, your role as facilitator, amplifier, or catalyst is key.
“Your reports and comments paint a picture of tomorrow. Therefore, the picture you paint of 2027 is what Nigerians should expect.”
He emphasised that what editors actually do is akin to a pastoral duty.
“You decide what becomes urgent and what disappears.
You choose the lens through which millions of Nigerians see their country, their leaders, and each other.
“That is how the media is structured. A policy shift is either “Government U-Turn” or “Strategic Adaptation.”
A land border closure is either “Economic Protectionism Impoverishing the People” or “National Security Imperative.” Same facts, different frames. Entirely different public perception.,” he said.
He added: ” You are not spectators in 2027. You are active participants. You are catalysts and facilitators, whether r you acknowledge it or not.
The narratives you shape between now and the election will determine whether Nigerians approach 2027 with hope or cynicism, with trust or suspicion, with a sense of shared stake or through a tribal lens.”
News
Editors demand 10-year corporate tax relief for the media industry
The President of the NGE, Mr Eze Anaba, who made the call on behalf of the media organisations, lamented that the present economic realities in the country have put the media in distress.
•President of the NGE, Mr Eze Anaba
The Nigeria Guild of Editors (NGE) is requesting for 10-year corporate tax relief from the federal government.
The guild presented their demand on Wednesday during the opening ceremony of the All Nigeria Editors Conference (ANEC) with the theme “Democracy, Governance and National Cohesion: The Role of Editors”, held at the State House Conference Hall, Abuja.
The President of the NGE, Mr Eze Anaba, who made the call on behalf of the media organisations, lamented that the present economic realities in the country have put the media in distress.
He emphasized that the economic situation in the country has forced some media houses to shut down, while some that struggle to operate cannot pay workers’ salaries.
The NGE boss also called for tax exemption, the establishment of low-interest loans for the media, and a digital transformation and innovation fund.
Anaba further proposed a Media Freedom and Safety Charter to protect journalists from a hostile environment.
News
Ethiopia wins bid to host 2027 COP32 climate summit
•Ethiopian Prime Minister Abiy Ahmed
Ethiopia has been selected to host the 32nd United Nations Climate Change Conference (COP32) in 2027.
Richard Muyingi, chair of the African Group of Negotiators (AGN), disclosed that Ethiopia’s bid was endorsed last week after the country resubmitted its expression of interest , beating Nigeria in a closely contested bid.
“The matter was discussed by the African group in a meeting last week, and Ethiopia was confirmed as the host of COP32,” Muyingi said.
The hosting of COPs rotates among global regions, with Africa due to host the summit in 2027.
The host country for COP31 is yet to be decided between Turkey and Australia.
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