• EFCC arrests Edo SUBEB bosses over N1.5bn fraud

    EFCC arrests Edo SUBEB bosses over N1.5bn fraud

    According to reports, the Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Office has arrested the Executive chairman and Director of Finance of the Edo State Universal Basic Education Board (SUBEB), Mr. Stephen Alao and Mr. Adams Osabuohien respectively, in connection with an alleged case of abuse of office, diversion and misappropriation of funds to the tune of one billion and five hundred million naira (N1.5bn).

    According to an EFCC source, the duo who are still being interrogated by the operatives […]

  • 333 Lagos retirees get N1.5bn pension entitlement

    333 Lagos retirees get N1.5bn pension entitlement

    Lagos State Government has paid N1.5 billion pension entitlement for the month of October, 2016, to 333 retirees in the state.

    The beneficiaries are retirees from the Mainstream Civil Service, Local Governments, and State Universal Basic Education Board (SUBEB), Teachers Establishment and Pensions Office (TEPO) and other parastatals of state government.

    The Director-General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga, while addressing the beneficiaries in Alausa, Ikeja, Lagos, said since monthly payment of accrued pension rights started in August, 2015, the […]