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Tag: Pensioners

Finance

Govs treating pensioners like ghosts with ₦450 monthly pay – NUP

The Nigerian Union of Pensioners has expressed deep concern over the harsh treatment of retirees by some state governors, who pay them extremely low monthly pensions of ₦400 or ₦450, making survival difficult amid economic challenges. The NUP President, Comrade Godwin Abumisi, addressed journalists in Abuja on the poor conditions faced by pensioners, particularly at […]

Pensioners lament FG’s decision to scrap PTAD
Finance

PTAD disburses N55.9bn to pensioners, next-of-kin

The Pension Transitional Arrangement Directorate has disclosed that it disbursed a total of N55.9bn to pensioners and the next-of-kin of deceased retirees under the Defined Benefits Scheme in December 2025. The disclosure was made in a statement issued on Friday and signed by the Head of the Corporate Communications Unit of the directorate, Olugbenga Ajayi. […]

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Pensioners plan nationwide ‘naked’ protest over unpaid N32,000 arrears

The Coalition of Federal Pensioners of Nigeria has announced that it is planning a nationwide ‘naked’ protest to press home its demand for the payment of outstanding pension increment arrears and palliative allowances owed to its members. Mukaila Ogunbote, the National Chairman of the Coalition and also the Chairman of the Nigeria Union of Pensioners […]

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Pensioners threaten naked protest over unpaid N32,000 arrears

The Coalition of Federal Pensioners of Nigeria has threatened a nationwide naked protest on November 24 if the government fails to pay their outstanding pension increment arrears and palliative allowances. The coalition’s National Chairman, Mr. Mukaila Ogunbote, announced this while briefing newsmen in Lagos yesterday. Ogunbote, who also serves as the Chairman of the Nigeria […]

Pensioners lament FG’s decision to scrap PTAD
News

PTAD announces new pension increments for 832,000 pensioners

The Pension Transitional Arrangement Directorate has announced the start of implementation of new pension increments for pensioners under the Defined Benefit Scheme. The adjustments will be reflected in the September 2025 payroll cycle and include a fixed N32,000 payment alongside percentage increases of 10.66 per cent and 12.95 per cent for eligible categories. This will […]

Finance

Pensioners to benefit from ₦758bn bond, PenCom DG assures

The National Pension Commission has assured pensioners across Nigeria that all outstanding pension increases approved by the Federal Government will be fully implemented before the end of the year, backed by a ₦758 billion bond released by President Bola Ahmed Tinubu. The Director General of PenCom, Omolola Oloworaran, gave the assurance during a courtesy visit […]

Pensioners threaten strike over economic hardship
News

Pensioners threaten strike over economic hardship

The Nigeria Union of Pensioners reports that a large number of its members are passing away as a result of the economic crisis. Solace Base stated that, the union claims that the nation’s cost of living has increased as a result of the economic slump. The president of the NUP, Godwin Abumisi, answered questions from media […]

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