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Senate moves to put in place legal frame work for national social security

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Senate Delegation to visit Ekweremadu in UK

Senate moves to put in place legal frame work for national social security

***As national social security commission. Bill scales 2nd reading

Hope came alive on Wednesday for vulnerable Nigerians as a bill seeking to empower them with social security benefits has passed Second Reading in the Senate.

Sponsored by the Deputy President of the Senate, Senator Ovie Omo-Agege, the bill seeks to establish the National Social Security Commission (NASSCOM) that would regulate, manage and administer social security benefits to eligible Nigeria.

Titled: ‘Nigerian Social Security Commission (Establishment, etc.) Bill, 2022 (SB 899)’, the proposed legislation will provide safety net for poor, weak and vulnerable Nigerians.

Senator Omo-Agege in his lead debate explained that out of the nine domains listed in the Social Security (Minimum Standards) Convention, 1952 (No. 102) of the International Labour Organisation (ILO) which Nigeria is a signatory to, only employment injury benefit is statutorily covered in the country.

He pointed out that when passed into law, Nigerians with several medical conditions, those incapacitated to work, unemployed citizens, senior citizens (70 years and above), families who have lost their breadwinners, widows incapable of self-support among others, will receive periodic social security benefits from the Commission.

He added that the National Social Security Commission (NASSCOM) bill aims to reduce poverty by providing a strong social safety net for vulnerable groups and serve as a model of governance reform anchored on the principles of transparency and accountability.

“Nigeria is a signatory to the Social Security (Minimum Standards) Convention, 1952 (No. 102) of the International Labour Organisation (ILO). This Convention articulates globally-agreed minimum social security standards in 9 domains. Except employment injury benefit that is already statutorily covered in Nigeria, eight of the domains are uncovered, and they are the focus of this Bill.

“Consistent with Convention No. 102, which allows nations to enact social security laws based on their peculiarities but without prejudice to the global minimum standards, this Bill seeks to provide a comprehensive legal and governance framework for the proper administration of an inclusive national social security protection system that offers adjustable periodic benefits to eligible Nigerians who face improvidence arising from the eight uncovered domains.

“This Bill seeks to establish a Commission which shall, amongst others, determine the beneficiaries of social security benefits across the country, taking into consideration available resources, equity, severity of ascertained improvident conditions and contingencies, and such other factors that will promote national peace, unity and security through the social security system,” he said.

In their separate contributions, Senate Leader, Senator Yahaya Abdullahi (APC, Kebbi State) and Deputy Chief Whip, Senator Aliyu Sabi Abdullahi (APC, Niger State), threw their support for the bill.

While commending the Deputy President of the Senate for the initiative, they noted that it would go a long way in resolving the security challenges confronting the nation as the poor, weak and vulnerable would be provided safety nets. With this, they argued that such persons would stop being willing tools for those with the sinister motive of wrecking havoc on the country.

“This is another people-centred legislation. It will be a landmark legislation that Nigerians will remember this Ninth Senate for. I therefore urge my colleagues to support this bill”, said Senator Aliyu Sabi Abdullahi.

President of the Senate, Senator Ahmad Lawan, referred the bill to the Committee on Establishment and Public Service for further work after passing Second Reading

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JUST IN: Ex-Delta Governor Emmanuel Uduaghan Is Dead

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Former Delta State Governor, Dr Emmanuel Uduaghan, has reportedly died, according to sources said to be close to his family.

The sources confirmed the development on Monday, October 19, 2026, although details surrounding the circumstances of his death remained unclear as of the time of filing this report.

“Uduaghan is no more; he is dead,” one of the sources reportedly said.

SEE ALSO: Document reveals Akpoti-Uduaghan demanded N10b damages from husband before marriage, firm reacts

The reported death comes months after claims that the former governor had died circulated on social media before being dismissed by his media aide, Henry Unini.

In June, reports of Uduaghan’s alleged death spread across Facebook and WhatsApp, prompting Unini to publicly debunk the claims and assure the public that the former governor was alive.

“I can tell you for a fact that Dr. Emmanuel Uduaghan is alive,” Unini said at the time.

“Frankly, I don’t know where the writer got his information from. The death of someone is not something you take and write about casually,” he added.

Unini acknowledged at the time that Uduaghan had been experiencing health challenges but maintained that he was receiving medical attention.

“It is now common knowledge that Dr. Emmanuel Uduaghan has been sick, but he is receiving proper medical care,” the media aide said.

He also stated that the former governor was recuperating, assuring the public that there was no immediate cause for concern.

“There is no cause for alarm whatsoever,” Unini said.

The media aide thanked friends, well-wishers and residents of Delta State who contacted the family to verify the former governor’s condition. He also urged the public to avoid spreading unverified information.

“The rumour was uncalled for,” he said while addressing the earlier reports.

As of the time of filing this report, further details about the circumstances surrounding Uduaghan’s reported death had yet to emerge.

 

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Delta Begins ₦5bn Empowerment Scheme for 100,000 Beneficiaries

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Economic Hardship: Delta Protest Aborted, Soldiers Arrest Journalist

The Delta State Government has commenced a ₦5 billion grassroots empowerment programme targeting 100,000 small-scale business owners and other beneficiaries across the state’s 500 wards.

The initiative, announced on Monday, will see each beneficiary receive ₦50,000 to support small businesses, strengthen household finances and stimulate economic activities across the state.

SEE ALSO: Two Arrested as Delta Police Uncover Cache of Illegal Weapons

The Executive Assistant to the Governor on Public Enlightenment (Projects and Policies), Mr Olisa Ifeajika, disclosed this while speaking with journalists in Asaba.

Ifeajika explained that the programme was designed to complement the state government’s investments in critical infrastructure with direct financial assistance to residents.

According to him, Governor Sheriff Oborevwori directed local government councillors to facilitate the distribution of the funds, with each of the 500 wards expected to reach at least 200 beneficiaries.

He added that the initiative reflects the administration’s commitment to improving livelihoods and expanding economic opportunities for Deltans, in line with the people-centred objectives of the MORE Agenda.

 

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Alausa Hails Dangote Foundation’s Plan to Give Four Million Students IPO Shares

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The Minister of Education, Dr Maruf Tunji Alausa, has commended Alhaji Aliko Dangote and the Aliko Dangote Foundation for plans to acquire Initial Public Offering (IPO) shares of Dangote Refinery on behalf of eligible Nigerian tertiary institution students.

Alausa described the initiative as an innovative approach to promoting financial literacy, youth empowerment and wealth creation among young Nigerians.

According to a press release issued by the Federal Ministry of Education on Monday, October 19, 2026, the initiative is expected to benefit up to four million students aged 18 and above, with each eligible student expected to receive 10 IPO shares without requiring prior investment or share purchase.

The minister said the programme would expose students to capital markets, responsible investing and long-term financial planning, preparing them for greater economic participation and financial independence.

He noted that the initiative aligns with the Nigeria Education Sector Renewal Initiative (NESRI) and President Bola Ahmed Tinubu’s Renewed Hope Agenda by connecting education with enterprise, human capital development and inclusive economic growth.

According to Alausa, the initiative reflects the importance of partnerships between the education sector and private organisations in equipping young Nigerians with the knowledge and skills needed to participate in the economy.

He said the Federal Ministry of Education remained committed to strengthening private-sector partnerships to improve educational quality, relevance, equity and efficiency while preparing learners for a changing economy.

While appreciating the foundation’s contribution to youth development, the minister clarified that the ministry’s commendation was based on the initiative’s educational and developmental value.

He stressed that the ministry’s position “does not constitute an endorsement of any particular investment decision.”

Alausa also encouraged other corporate organisations to support similar initiatives that promote financial awareness, economic productivity and entrepreneurship among young Nigerians.

He urged businesses to support NESRI and the Renewed Hope Agenda in building a financially informed and economically productive generation.

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