Ondo State Governor Approves N1.2bn to Clear 2014 Retirees’ Gratuity
Governor Lucky Aiyedatiwa Commits N1.2bn to Settle Retirees’ Gratuity In what appears to be a welcome development for retirees in the sunshine state, Governor Hon. Lucky Aiyedatiwa has approved a…
IGP Warns Against Police Force Exit from Contributory Pension Scheme
The ongoing debate surrounding the proposed exit of the Nigeria Police Force (NPF) from the current Contributory Pension Scheme (CPS) has taken a new turn. Inspector General of Police (IGP)…
Nigeria’s Micro Pension Plan Struggles to Gain Traction
Launched in 2019 by then-President Muhammadu Buhari, Nigeria’s Micro Pension Plan (MPP) aimed to extend pension coverage to workers in the informal sector, constituting over 87.9% of the working-class population.…
Palliative: Pensioners Under CPS Eligible for Conditional Cash Transfer
In a welcome development, pensioners under the Contributory Pension Scheme (CPS) are set to receive the federal government’s palliative resulting from the removal of the petroleum subsidy. This news follows…
Pensioners Urge PTAD to Implement New National Minimum Wage Payments
Pensioners, represented by the Association of Retired Federal Senior Public Officers of Nigeria (ARFESPON), have issued a call to the Pension Transitional Arrangement Directorate (PTAD), urging the commencement of payments…
Nigeria’s Pension Industry: A Two-Decade Transformation
In the 20 years since Nigeria’s return to democratic governance in 1999, two sectors have emerged as pillars of comfort for the majority of the populace: telecommunications and the pension…
