• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 15, 2025
  • 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

Tinubu’s N25, 000 wage award excites pensioners

Pensioners

The Matters Press by The Matters Press
October 6, 2023
Reading Time: 2 mins read
0
Free public transportation for retirees begins in Lagos

Abuja, Oct. 6, 2023: The Nigeria Union of Pensioners (NUP) has commended President Bola Tinubu for approving N25, 000 wage award as palliative for federal pensioners.

RELATED POSTS

Nigeria First policy, unique, revolutionary – TMSG

Group seeks action against the menace of fake news, deliberate falsehood

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

Mr Godwin Abumisi, National President of NUP, gave the commendation in an address to mark the 2023 Pensioners and Older Persons Day on Thursday in Abuja.

The theme for the celebration was, “Subsidy Removal and its Negative Effects on the Lives of the Pensioners/Older Persons.’’

According to Abumisi, the union is grateful to the Federal Government for its commitment to the welfare of the pensioners by graciously approving N25,000 as wage award to vulnerable pensioners.

“We trust that the Minister of Humanitarian Affairs who is entrusted with the responsibility of handling the payment would expedite action on the payment.

“This is without further delay in order to assuage the pains and sufferings of the pensioners and the older persons.’’

He appealed to government to extend the payment of the wage award from three to six months as was done for other regular workers.

The NUP national president said that for any approved palliative to get to its members across board, government agencies should handle the disbursement.

Abumisi said that such agencies must have accurate database records containing the account details of all pensioners for easy access and delivery such as PTAD, PENCOM, among others.

“We consider the above channels as effective, seamless means of getting across to our members with any form of palliative,” he said.

He noted that NUP members were faced with lingering challenges that needed immediate solutions.

Abumisi said that the challenges included the non-harmonisation of pension and omission of 2015 pension review.

He said listed other challenges as the non-payment of arrears of pension increment of 15 per cent, 33 per cent and the consequential adjustment of 2007, 2010 and 2019.

Abumisi said that another challenge was the non-release of the timely monthly accrued rights to the contributory pensioners which had brought upon them untold hardship.

According to him, the total accumulated accrued rights stand at about N140 billion.

“We hereby call on the Federal Government for its timely intervention to save the souls of this category of pensioners from untimely death,” he said.

He also appealed to the president to expedite action on the payment of the outstanding balance of N33 billion to Nigeria Airways workers.

Abumisi said the theme of the event was apt and in tandem with the prevailing economic hardship occasioned by the removal of fuel subsidy, among others.

Tags: Pensioners
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 10, 2025
Next Post
Nigeria regains top crude oil production spot in Africa

Oil, gas suppliers seek emergency measures on prices

Flour millers to establish wheat procurement centres in 15 states

Nigeria targets 70,000 hectares of wheat in dry season farming

Recommended Stories

Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

Prices of food continue to rise in May- NBS

July 5, 2023
SON sure to certify 75% products in Enugu, Ebonyi states by 2023

SON vows to checkmate quacks in management system practice

March 30, 2023
Infrastructure gulp N2,7tn in Nigeria

AfDB commits to funding construction of Abidjan-Lagos highway

October 4, 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
  • NLNG not responsible for gas supply shortfall, price hike

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

    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

  • Nigeria First policy, unique, revolutionary – TMSG
  • Group seeks action against the menace of fake news, deliberate falsehood
  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

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