An Abuja High Court has given an order of interim injunction restraining the Minister of Federal Capital Territory (FCT), Nyesom Wike, and others from selling a landed property.

The property is located at Plot No. 4411, Cadastral Zone A09, Guzape District, Abuja.

Justice Mohammed Zubairu made the order following an ex-parte motion moved by counsel to the applicant, Reuben Atabo, SAN.

Although the motion ex-parte, marked: M/16807/2024, was moved by Atabo on Monday, its certified true copy was made available newsmen on Tuesday.

Justice Zubairu, who is a vacation judge, held that he was inclined to grant the application as prayed in the interest of justice and the spirit of fair hearing.

“The interim order of injunction is to last for few days pending when all parties are served and appeared before this court for the hearing of the motion on notice.

“Consequently, an order of interim injunction is hereby made restraining the defendants/respondents whether by themselves or agents. privies, servants, workmen and any person howsoever called acting on their behalf from trespassing into and interfering wilh the claimant’s exclusive possession of the properly.”

He said the order subsisted pending the hearing and determination of the motion on notice.

“In the same vein, prayers 2, 3 and 4 are granted as prayed,” he added.

The judge, who directed that the motion on notice already filed before the court be served on all the defendants, adjourned the case until Dec. 30 for hearing of the substantive suit.

In the motion ex-parte dated and filed Dec. 16, the applicant, Nextdora Nigeria Limited, sued Mr Eric Anyamene Nnamdi, Hajiya Bilikisu Mallam, FCT Minister and Federal Capital Development Authority (FCDA) as 1st to 4th defendants respectively.

The company sought four interim orders which were granted.

The fourth relief is an order of Interim injunction restraining the defendants from developing or assigning the properly lying and situated at Plot No.4411, Cadastral Zone Ao9, Guzape District, Abuja which is coveted by a Right of Occupancy wilh File No. MISC 128232 or any portion thereof to a third party pending Ihe hearing and determination of tne motion on notice.

Report says that the company, in a motion on notice filed on Dec. 16 and marked: CV/5517/24, had sued the four defendants, praying the court to bar them from selling its landed property, among others.

The writ of summons sought seven reliefs, including a declaration that the claimant is the title holder of the property lying and located at Plot No. 4411, Cadastral Zone A09, Guzape District, Abuja.(NAN)

Tyson Fury’s mission to avenge his only professional defeat ended in crushing disappointment Saturday evening as he lost on a unanimous points decision to unified heavyweight champion Oleksandr Usyk.Another classic encounter between the well-matched rivals ended in Riyadh, Saudi Arabia with Usyk retaining his world championship belts by finishing 116-112 ahead on all three judges’ scorecards.

The Ukrainian thus continues on as holder of the titles belonging to the World Boxing Council (WBC), World Boxing Association (WBA) and World Boxing Organisation (WBO). The result was a fair reflection of the Ukrainian’s control of the rematch given he set the pace for most of the 12 rounds.He was the harder worker, landing more frequently and with greater impact.Fury described his grim-faced demeanour this week as “beast mode” and while his greater focus was evident on a night when there was no showboating.Simply, he was unable to make a dent on the extraordinary Usyk.Usyk’s performance confirmed his status as an all-time great and the 37-year-old will now look to become undisputed champion for the second time.This will be by toppling International Boxing Federation (IBF) champion Daniel Dubois.Fury entered the fight at a fully-clothed 20stones 1lbs, almost four stones heavier than Usyk.Right from the start he took to the centre of the ring, showing more intent to carry the fight to his opponent.Towering over the champion, the Briton spat out his jab but he was also taking shots to the body.By the second round he was being stalked around the ring by Usyk -– a theme of the first fight.The pace was being set by Usyk but both fighters were landing in a lively start to the clash with Fury’s jab causing problems.Usyk connected with two big left hands in a fourth round that ebbed and flowed and as the fight approached the halfway stage it was desperately close.Fury staggered the Ukrainian with a short left uppercut and, having taken a flurry of blows to his body, he hit back with intent.Unlike their first meeting which saw the Briton suffer the first loss of his career, there was no grandstanding from the challenger.The fifth was the Gypsy King’s best round yet as he imposed his size and power, all while working behind his pinpoint jab.But he was caught several times in the sixth.Fury’s output began to drop and he was being driven backwards with Usyk’s left hand giving him plenty of problems.It was relentless pressure from Usyk, who put together a lovely sequence of shots in the eighth and finished the three minutes by backing Fury up against the ropes.The ninth round was the turning point in May when 36-year-old Fury was saved by the bell.While those dramatics were missing this time, Usyk was showing similar purpose as he continued to build momentum.He swarmed over the bigger man in the 10th, but also took shots himself.As the last two rounds arrived, it was Fury who needed to do something special to catch the judges’ eyes.A storming final round saw the rivals exchange blows with each having their moments in a high quality finish full of courage and skill.Once again the judges were called upon to separate the two and there could be no complaints.Usyk emerged a conclusive winner on each card to continue his reign as the division’s dominant force.(dpa/NAN)

The National Pension Commission (PenCom) on Thursday said it had issued over 38,000 Pension Clearance Certificates (PCC) so far to organisations, in 2024.

The Director-General of PenCom, Ms Omolola Oloworaran, said this at a workshop organised by PenCom for journalists covering the pension industry in Lagos.

The theme of the workshop was,  “Tech-Driven Transformation: Shaping the Pension Landscape”.

Report says that in 2023, PenCom issued 30,293 PCCs to firms.

PCC is an evidence of compliance with the Pension Act.

it serves as a prerequisite for all suppliers, contractors, or consultants soliciting contract or business from Ministries, Departmentss, and Agencies  (MDAs)  of the  Federal  Government.

PenCom commenced the issuance of PCC to organisations in 2012 in line with the Pension Reform Act,  (PRA), which mandates all organisations with at least three employees to participate in the Contributory Pension Scheme (CPS).

However, the certificate  is valid up to Dec. 31 of the year it was obtained, irrespective of the date it was issued within the year.

Organisations are, thus,  required to apply for new PCC’s each year.

Oloworaran said that the commission also achieved a major milestone with the launch of the e-Application Portal for the PPC in October.

She said that the initiative replaced the previous manual process, enabling companies to seamlessly apply for and receive PCCs online, significantly enhancing ease of doing business and ensuring compliance.

The director-general said that the Pension Industry Shared Service Initiative is in an  advanced stage of implementation.

She said that the initiative would digitise pension contributions and remittances, ensuring seamless processing of contributions and resolving discrepancies caused by incomplete remittance details.

“To further enhance contributors’ experiences, we have introduced a revised programme withdrawal template, simplifying access to voluntary contributions and revising the threshold for en-bloc payments in line with the new minimum wage.

“These measures are designed to make retirement processes more efficient and user-centric.

“But beyond policies and systems, what really excites me is the potential to transform lives,”she said.

According to her, technology has become the backbone of transformation across all sectors, and the pension industry is no exception, hence PenCom has embraced the transformation wholeheartedly.

Oloworaran said that there are over 10.5 million contributors, while pension assets are in excess of N21.9 trillion as at October.

She said that this progress demonstrated the strength of the CPS,  though not without challenges.

“Inflation, for instance, continues to erode the purchasing power of pensioners, and we are actively seeking innovative solutions to address this issue.

“We also continue to face the persistent issue of delays in the payment of accrued rights.

“Recently, N44 billion was approved under the 2024 budget appropriation to settle accrued pension rights for retirees from March to September 2023.

“Moving forward, we are working with the Federal Government to put in place a sustainable solution that ensures that retirees receive their benefits promptly and without undue stress,” she said.

She said that since assuming office, she  and her team had been focused on strengthening compliance, enhancing service delivery, diversifying pension assets to optimising returns.

She said that they had also been improving benefits and expanding coverage to include more Nigerians, especially those in the informal sector.

Oloworaran expressed passion over the micro-pension initiative, in particular, noting that it is the commission’s way of fostering financial inclusion, no matter how small an earning might be.

She said that the commission intended to use technology to scale the micro-pension plan.

“Technology plays a vital role in driving this inclusion from mobile enrollment to real-time account management,” she said.

She said that PenCom planned to rebrand the micro-pension scheme, and also target onboarding not less than 20 million Nigerians in the informal sector.

Oloworaran acknowledged the role of the media as stakeholders in the success of the pension system.

“As we integrate technology across every aspect of the pension industry, we are paving the way for a future where the CPS becomes more accessible, reliable, and sustainable.

“However, this transformation cannot succeed without your unwavering support as media practitioners.

“Your role in amplifying our initiatives and educating stakeholders across Nigeria is essential to achieving this vision,” she  said.

She  described the ability of  the  media  to inform, educate, and hold institutions  accountable as invaluable.

“Together, we can ensure that every Nigerian, including the most vulnerable, has access to a secure and dignified retirement,” she  said.(NAN)