Connect with us

Uncategorized

NGO Warns Against Reversing Military Pension to Old Order

Published

on

Kindly share this post

The executive director of a Non-Governmental Organisation, Blissful Life Initiative, and Chief Adekunle Seidu has joined in the ongoing debate of military pension by calling on the federal government, the National Pension Commission (PENCOM), The National Assembly and concerned Nigerians to prevail on those clamouring for a return of the to the old order to retrace their steps. He stated that the pensioners including the military men have suffered untold hardship in the past, stressing that their situation has improved in the past years under the management of the pension commission. He warned that if the situation is allowed to degenerate to the old order, it might spell untold hardship for the people who laid down their lives to save the rest of us. He recalled that before now, “collecting pension was a Herculean task which led to the untimely death of some soldiers including slumping and dying while on queue to collect their retirement benefits.” He stated that before 2004 when the contributory pension scheme came on board, it was stressful for government and the generality of Nigerians for pensioners to collect their pension, stressing that the situation has since changed.  Seidu warned that “if the military pension was reversed back to the old order, the soldiers of low rank particularly those who are very old and based in the rural areas may be alienated.” He stated that it was unfortunate that some people he declined to name have been mounting pressure on the National Assembly to reverse the military pension to the old order. These lobbyists, he said are “seeking to take us ten steps backward to where we left five years ago, stating that ‘it was the most un progressive thing to embark upon” He stated that in the past there was allegation that some people unduly sat on the retirement benefits of others while others were short paid or never get paid, if they where not in the good books of the masters. The executive director opined that the current scheme has done a lot to guarantee military pensioners their retirement benefits, adding that it has also averted the number of casualties which pervaded the old order. He recalled some of the ugly incidents of the past to include endless verification exercise, long queues, collapse and eventual death of retirees at payment centres. Under the new contributory pension reform, military workers contribute just 2.5 percent of the 15 percent while the rest is entrusted into their employer. This is unlike that of the private sector and the public services workers, where there is a shared contribution of 7.5 percent ach between the employer and the employed. Under Section 9(2) of the Act, the rates of contribution gave an option such that an employer may agree or elect to bear the full burden of the scheme, provided that in such case the employers’ contribution shall not be less than the 15 percent of the monthly emoluments of the employee. Seidu reiterated the fact that the issues raised by the proponents of the amendment could be taking care of under the current scheme, without having to take the military out of the scheme. The NGO leader applauded the opposition of concerned Nigerians who have raised their voice against the reversal, among them the Nigerian Labour Congress (NLC). NLC said it "believes that the proposed exemption of the military if passed through will trigger a whole lot of unintended and undesired reactions that will undermine the sanity that the Contributory Pension Scheme has brought into pension administration in this country." He pledged the commission’s readiness to dialogue with interested parties on how to accommodate the differences. It would be recalled that a group of people have been clamouring for a return to the old order on the basis of certain factors, Among the issues include the delay in the payments of entitlements, disparity in the lump sum paid to the personnel of the same rank, low monthly pension being owed retired personal as well differential between the old and the new system of pension administration. Proponents of the review are seeking to insert immediately after the figure "291" in S.8 (2) of the Pension Reform Act 2004, the phrase "and members of the Armed Forces of the Federation in sections 217 and 318 (h)". The effect of the amendment is to include the Military in the list of category of persons exempted by the Act from the Contributory Pension Scheme, such as Judicial Officers". The director-general of the commission Alhaji Mohammad Ahmad had advised those clamouring for a reversal that the issues calling for such amendment could be accommodated under the provisions of the Act as presently constituted.  He added that it was inimical to the collective interest of our people. He cautioned that “conceding to the request for policy reversals at this critical juncture when all efforts should be directed towards institutional consolidation would be unrealistic and counter productive". Seidu called on the National Assembly not to consider the reversal as doing so would be counter productive.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

Uncategorized

Report Finds 30% More Young Gamers Targeted by Cybercriminals in H1 2024 vs. H2 2023

Published

on

Kindly share this post

The number of unique users targeted by cybercriminals using popular children’s games as a lure surged by 30% in the first six months of 2024 compared to H2 2023, according to Kaspersky experts.

 

Researchers analysed gaming risks for young players and discovered that more than 132,000 users had been targeted by cybercriminals. More details can be found in the latest Kaspersky report on cybercrimes targeting young gamers.

The most exploited children’s games

Kaspersky looked into the threats disguised as popular kids’ video games and analysed the period from July 1, 2023, to June 30, 2024.

Throughout the reported period, Kaspersky security solutions detected more than 6.6 million attempted attacks, where cybercriminals used the brands of the kids’ games as a lure.

Out of the 18 games chosen for this research, the majority of attacks were related to Minecraft, Roblox, and Among Us. According to Kaspersky’s statistics, more than 3 million attempted attacks under the guise of Minecraft were launched throughout the reported period.

Most likely, cybercriminals chose this method of attack based on the popularity of games among players, as well as the ability of gamers to use cheats and mods. Since the majority of mods and cheats are distributed on third-party websites, attackers disguise malware by posing as these applications.

Kaspersky experts believe that the higher success rates detected in 2024 can be explained by the trends observed in the recent developments of the general cyberthreat landscape.

On the one hand, following popular trends, cybercriminals launch more cunning attacks, exploiting the current agenda and crafting less obvious schemes, instead of using generic attacks.

On the other hand, cybercriminals are increasingly using AI to automate and personalise phishing attacks that are more likely to deceive young gamers. At the same time, new advanced phishing kits — pre-made templates of phishing pages — created with automated tools consistently appear on the dark web, allowing an increasing number of attackers to deploy highly effective phishing sites that mimic popular gaming platforms.

Scams on children’s favourite games

One of the most common scams in gaming is the offer to receive new skins for your character — essentially clothing or armor — that enhance the hero’s skills. Some skins are common, while others are extremely rare and, therefore, more desirable.

Kaspersky experts have found an example of a scam that uses both the name of popular game Valorant and that of the world-famous YouTuber Mr. Beast. By selecting this blogger and using his photo, the fraudsters aim to capture children’s attention and hook them into their fraudulent scam.

To receive the desired Mr. Beast skin, young users are asked to enter their login and password for their gaming account, enabling their credentials to be potentially stolen by scammers as a result.

Another popular trap is the offer of receiving in-game currency. In one of the discovered scams exploiting the Pokémon GO brand, users are asked to enter the username for their gaming account. Next, they’re asked to take a survey to prove they’re not a bot.

Once the survey is complete, they are redirected to a fake website, usually one promising free prizes or giveaways. This is where the real scam kicks in.

The scammers aren’t actually after personal data like credit card details; they’re using the guise of gaming to lure users into another hoax — one involving fake downloads, prize claims, or other deceptive offers.

The whole process is a clever way to redirect users to a different, more dangerous scam under the pretense of a legitimate verification step.

“Throughout our research, we see attacks on children are becoming a common vector of cybercriminals’ activities. That’s why cyber hygiene education and the use of trusted cybersecurity solutions are a ’must-have’ in building children’s safety in the online environment.

By fostering their critical thinking, responsible online behaviour, and a strong understanding of the risks, we can create a safer and more positive online experience for this generation of digital natives,” comments Vasily Kolesnikov, security expert at Kaspersky.

 


Kindly share this post
Continue Reading

Uncategorized

NCC, ALTON, MainOne Back Oketola’s Book on Tech Evolution

Published

on

Kindly share this post

Dr. Aminu Maida, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, has confirmed his participation as the immediate past Editor of The PUNCH, Dayo Oketola,  launches a book on Information and Communications Technology evolution.

The book, ‘The Catalyst: Nigerian Tech Evolution Through a Journalist’s Lens,’ will be launched on September 17, 2024, at an exaugural lecture to mark the end of Oketola’s time as Editor, The PUNCH and celebrate his nearly 20 years in journalism and leadership practice.

The Head, Media Relations at the NCC, Dr Omoniyi Ibietan, who communicated NCC’s support to the author, said, “It is a consequential work. Congratulations.”

Read Also: NCC Threatens to Fine Telcos over Poor QoS

Similarly, the Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Engr. Gbenga Adebayo, and the CEO, MainOne, an Equinix Company, Ms. Funke Opeke, have also thrown their weight behind the book launch and exaugural lecture while congratulating the author.

“We would like to express our sincere gratitude for the invitation to your upcoming exaugural lecture and book launch. Congratulations on reaching this significant milestone,” MainOne said in a letter.

Former President Olusegun Obasanjo, GCFR, will be the Special Guest Speaker at the event.

Oketola said the evolution of Nigeria’s telecommunications sector, which began with the introduction of GSM in 2001 by Obasanjo, had attracted over $70bn in investments and created over 500,000 jobs in the country.

He highlighted the bold initiatives that opened the sector to private investment, from 450,000 telephone lines before 2001 to a vibrant market today, and also charts a path through which Nigeria can maximise its digital economic potential.

Oketola, now a senior member of the PUNCH Editorial Board, left as Editor of The PUNCH  in June.

While serving as editor, he won the Editor of the Year prize at the Nigeria Media Merit Awards (NMMA) in December 2023.

He also led the organisation to win the Newspaper of the Year at the same award ceremony.

Oketola, a consistent journalism prizeman, also won Editor of the Year Award at The Industry Awards 2022.

He is a two-time winner of the Zimeo Excellence in Media Awards in Johannesburg 2015 and Nairobi 2016, among numerous awards during his illustrious journalism career.

In a statement, Oketola said, “I am excited to announce the upcoming launch of my book, The Catalyst: Nigerian Tech Evolution Through A Journalist’s Lens, scheduled for September 17, 2024.

“On the same day, I will also be hosting an exaugural lecture to celebrate my tenure as Editor of The PUNCH and nearly 20 years in journalism.”

Speaking further, the former editor described his years in journalism as one that had driven advocacy and impacted different sectors of the economy.

“My 20 remarkable years of stewardship to the nation via media and leadership practices have driven advocacy and impacted areas such as business and economy, ICT, energy, agriculture, social inclusion, anti-corruption, drug trafficking prevention, and nation-building, a testament to the power of journalism in shaping our society,” Oketola remarked.

Read Also: NCC Unveils DMS to Protect Mobile Phone Users

Other influential guests hosted at the media event are a former Chief Executive Officer of MTN Nigeria, Michael Ikpoki, who will chair the occasion, and the Convener of the Centre for Social Media Research, Dr Akin Olaniyan, who will be the book reviewer.

The Minister of Information, Alhaji Mohammed Idris, will grace the occasion as the Chief Host.

Similarly, the Managing Director/ Editor-in-Chief of PUNCH Nigeria Limited, Mr. Adeyeye Joseph, is the host, while the President of the Nigerian Guild of Editors, Mr. Eze Anaba, is the co-host.


Kindly share this post
Continue Reading

Uncategorized

DLM Asset Management Partners Your Study Path on “School is an Asset” Webinar

Published

on

Kindly share this post

DLM Asset Management, a subsidiary of DLM Capital Group, in collaboration with Your Study Path, is excited to announce the “School is an Asset” webinar, scheduled for September 19, 2024.

This engaging virtual event will spotlight the crucial role of education as a foundation for a prosperous future and spotlight the Child Education Plan designed to help parents secure their children’s educational opportunities.

The “School is an Asset” webinar will emphasize that education is not just a path to personal success but a significant investment with lasting benefits for individuals, families, and communities.

As the world evolves, the importance of education in fostering personal and professional growth cannot be overstated. This event aims to inspire students and parents to fully embrace and leverage their educational opportunities.

We are pleased to feature an esteemed lineup of speakers, including Egunjobi Daniel Ololade, CEO of Your Study Path; ThankGod Ojabugbe, Portfolio Manager at DLM Asset Management; Goziem Nancy Idonor, Business Development Manger at DLM Capital Group; and Gbotemi Kolowale, Digital Marketer at DLM Capital Group.

Each speaker will provide valuable insights into the significance of education and discuss the Child Education Plan designed to assist parents in financially planning for their children’s education. Attendees will also have the opportunity to engage with the experts during live Q&A sessions to receive personalized advice and answers to their questions.

The webinar will take place on September 19, 2024, from 11:00 AM (WAT). It will be hosted virtually, and free registration is available here.  Join us for the “School is an Asset” webinar and take an essential step toward securing a brighter future through education.

 


Kindly share this post
Continue Reading

Trending