President Bola Ahmed Tinubu has raised pensions by 20% and set a minimum pension of N32,000 for retirees, SAVANNAH NEWSNOW REPORTS.
This adjustment applies to retirees from certain salary schemes, including those in the healthcare sector, education, law enforcement, and the military.
The Nigeria Union of Pensioners has expressed its gratitude for recent measures aimed at enhancing the lives of pensioners across the country, praising President Bola Tinubu for addressing the financial challenges faced by retirees under the Defined Benefit Scheme, according to the union’s National President, Mr Godwin Abumisi.
Abumisi noted that this marks the first time such adjustments have been made without protests being necessary.
The Pension Transitional Arrangement Directorate (PTAD), under the leadership of its new Executive Secretary, Ms. Tolulope Odunaiya, was praised for the swift implementation of the changes.
Abumisi expressed concerns about irregularities in the payment process, highlighting that some pensioners have not received their full entitlements, and urged PTAD to review its records and rectify any errors promptly to ensure all pensioners receive their due benefits.
