• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, September 15, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Pensioners worst hit by fuel subsidy removal – NUP

Pensioners

The Matters Press by The Matters Press
August 27, 2023
Reading Time: 1 min read
0
Old pension scheme beneficiaries get a boost in entitlements

Abuja, Aug. 27, 2023: Pensioners are worst-hit by galloping inflation that had set in after fuel subsidy removal, the Nigeria Union of Pensioners declared on Sunday in Abuja.

RELATED POSTS

BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties

IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy

Finance bill 2027, a wake-up call to free trade zone stakeholders

Head of its information unit, Mr Bunmi Ogunkolade, said that meagre pensions paid to retired persons had sent the cost of goods and services out of their reach.

“Pensioners go to the same markets as others; they are also a special breed because most of them are on regular drug regimens for age-related ailments.

“They are prone to high blood pressure, diabetes and other old age sicknesses. That is why we are always appealing to governments to take care of these special people.

“We want governments to always put pensioners into consideration whenever they are planning welfare programmes for workers.

“We want government to double payable pensions and provide free medical care for pensioners,’’ he said.

Ogunkolade also noted that Federal Government’s proposed palliatives to states to cushion the effect of the removal of fuel subsidy were temporary.

“What government is giving is temporary solution; palliatives for pensioners should be provided until the end of their lives.

“We want government to be explicit on what it would do to sustain pensioners beyond palliatives that are temporary.

It should also ensure that all pensioners receive living minimum pensions,’’ Ogunkolade said,

Tags: Pensioners
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties

September 13, 2026
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy

September 13, 2026
Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Next Post
Non-remittance of third party deduction by IPPIS worries agencies

Non-remittance of third party deduction by IPPIS worries agencies

Nissan recalls 1,150,000 vehicles in 3 months

CNG vehicle economical, affordable - Oyebanji

Recommended Stories

CIIN president tasks Insurance directors on manpower development

NECA seeks NAICOM’s collaboration on group life insurance

May 13, 2023
We have nothing to hide – NNPC

NNPC, Indorama sign 800mscf gas supply, industrialisation agreement

September 16, 2023
EU-ACT programme spends over N4.2b in capacity building in Nigeria

EU fosters plan to grow Nigeria’s human capital

January 20, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties
  • IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy
  • Finance bill 2027, a wake-up call to free trade zone stakeholders

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us