Economy

Retirees Lament Implementation of Pension Increase

By Olusegun Folarin

Senior citizens under the aegis of the Nigerian Union of Pensioners (NUP) have lamented the delay in payment of the 33 percent pension increase and consequential adjustment to pensions approved by President Bola Tinubu since last year.

Zonal Public Relations Officer of the Union in the Southwest, Dr Olusegun Abatan, made this known at the end of a quarterly southwest meeting of the Pensioners in Abeokuta, the capital of Ogun State.

Dr Abatan lamented the failure of governors in the southwest region to start paying the 32,000 naira to Pensioners as directed by President Bola Tinubu, pointing out that only Governor Seyi Makinde of Oyo State had shown commitment by initiating partial payment of the money.

The pensioners’ spokesman who also applauded Governor Makinde for the prompt release of funds to offset the pension and gratuities in the state, urged other governors in the region to emulate the kind gesture.

He appealed to President Bola Tinubu to ensure compliance by the state governors and urged the Pension Transitional Arrangement Directorate to step up the implementation for retired federal workers to alleviate the sufferings of senior citizens in the country.

Dr Abatan equally appealed to relevant authorities to rescue all pensioners banking with the defunct Heritage Bank who could not access their monies for the past 18 months.

Earlier, the National President of the Union, Comrade Goodwin Abumisi had promised continuous engagements with the relevant stakeholders on the need to pay greater attention to the welfare of senior citizens in the country.

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  1. Mohammed saba says:

    it’s even very unfortunate that Nigeria government have been talking about fighting corruption and they are not taking care of their retired workers after retirement those who are working will not put their best because they see what is happening to those who are retired.

  2. Johnson F Ajayi says:

    Thank you so much as the pensioner seriously sufferings due to non payment of the increment since January 2024. Pls continue pressing the Ptad ES. Weldone sir

  3. Auwalu Ahmed Gwangwazo says:

    Comrade good effort we in North West there’s nothing like that but we will join hands by Allah grace get our own

  4. Good morning everyone the loumsoum of 25% paid by pencome is too too small to start a business in Nigeria today I want to suggeste that the leaders of the union look into it so that civil servant in Nigeria will not be a silve for life. I had saved for 35years made the contribution from my salary during the period why can I access my contribution ? Why should I not have a say? Please the policy is not good enough for the Nigerian civil servants.please elders of the union help Nigerians thanks

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