The National President of the Nigeria Union of Pensioners, Godwin Abumisi, has commended President Bola Tinubu for approving the payment of N39.6bn being 10.6 per cent pension increase arrears owed to pensioners under the Defined Benefit Scheme.
Abumisi spoke in an interview with TVC News shortly after the Pension Transitional Arrangement Directorate and the Ministry of Finance announced the disbursement on Friday.
He said the gesture, alongside other pension interventions by the Federal Government, had strengthened confidence in the administration’s commitment to the welfare of elderly citizens.
He said, “We are very happy with the present government. No president in Nigeria has achieved as much as His Excellency, Bola Tinubu, President of the Federal Republic of Nigeria, GCFR. No other president has done as much as he has.
The pensioners’ leader listed other interventions he attributed to Tinubu, including N758bn released for the arrears of pension and gratuity owed to contributory pensioners under the Contributory Pension Scheme, and N58bn for the payment of pension arrears for those on the Defined Benefit Scheme.
“He has released funds to pay 10.6 per cent arrears of pension increase, amounting to N39.6bn. He also made available the sum of N758bn for arrears of pension and gratuity for PENCOM, for contributory pensioners.
“And he provided N58bn for the payment of pension arrears for those on the Defined Benefit Scheme.
