5 hours Ago By Deborah Tolu-Kolawole
Federal Pensioners under the Contributory Pension Scheme have written to the Coordinating Minister of Finance and National Economy, Wale Edun, to demand the implementation of the earlier announced N32,000 increment in pension. The N32,000 increment for pensioners was announced shortly after the announcement of the N70,000 minimum wage for workers. The pensioners, who had earlier staged a peaceful rally at the Ministry of Finance on November 12, 2024, expressed appreciation for the minister’s ‘civilised way of handling their grievances.
’ However, they lamented that despite promises, the accrued rights account had remained uncredited, stating that they would not back down until their demands were met. Related News Police mum as Amnesty says 24 hunger protesters killed Pension payment subject to funding, FG tells retirees Unpaid pensions: Retirees set to occupy finance ministry The pensioners’ union leadership, in a letter dated November 25, 2024, called for “payment of the approved N32,000 monthly pension increase per retiree arising from the current national minimum wage of N70,000 to the least public worker.” The letter read, “From 12 pm on December 16, 2024, all CPS retirees nationwide will make the Federal Ministry of Finance and the Office of the Accountant General of the Federation at Abuja their homes until the government is ready to meet their demands.
“We call on the Federal Government to declare a state of emergency in the Contributory Pension Scheme and to take immediate steps to clear all government’s liabilities in this sector before December 16, 2024. “If the Federal Government would not want the whole world to watch Nigerian retired senior citizens under the Contributory Pension Scheme to turn the Federal Ministry of Finance and the Office of the Accountant-General of the Federation at Abuja as their homes until the government is ready to meet their demands.”.
