NLC Calls For Upward Review Of Pensions
Economic hardship is really affecting most pensioners in Nigeria, especially with the persistent increase in prices of goods and commodities.
As a result, the Nigeria Labour Congress (NLC) says it is calling for an upward review of pension to help minimize the suffering of pensioners.
Speaking at the 16th edition of Pensioners Day Celebration in Abuja, NLC President Comrade Ayuba Wabba said the review is long overdue.
“Section 173(3) and 210(3) of the federal republic of Nigeria constitution 1999 (as amended) stipulate that pension be reviewed every five years or together with any increase in workers’ wages.
“Our country is so blessed with various resources, but it is a pity that we cannot account how it been spent.”
According to him, it is criminal that federal government pays N4000 as pension to old people who cannot fend for themselves.
Meanwhile, Executive Secretary of Pension Transitional Administration Directorate, Sharon Ikeazor, said the payroll for pensioners for December was ready and pensioners would get their pension before Christmas.
“We got releases to pay six months out of 12 months been owed civil service pension out of the 36 month we have paid six months out of it.
“For police pension we paid them one year out of the 33 months and we just have a balance for 12 months for police pensions.
“Government is making the money available we will pay up,” she said.
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