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NUP expresses concerns over meager monthly pension payments, calls for reform

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Nigeria Union of Pensioners NUP e1523979755285

According to the National Union of Pensioners, retirees in certain states are receiving monthly pensions as low as N450, N500, and N1,000.

During a press briefing in Abuja on Thursday, the union president, Godwin Abumisi, voiced concern over the economic hardship faced by many of its members.

Abumisi criticized the government, stating, “In Nigeria, the government does not think about the poor people. Otherwise, how can pensioners in Enugu receive as low as N450 as a monthly pension? We have been saying this but it seems as if we are crying wolf but it is a reality.”

Abumusi highlighted that the issue of retirees receiving extremely low pension payments, ranging from N450 to N1,000, was particularly prevalent in the South-Eastern states.

The NUP President further explained that the disparity in pension rates across the country was due to a lack of pension harmonisation, an issue which the union has consistently advocated for.

He stressed that the situation is exacerbated by the failure of many states to implement the reviewed minimum wage of N18,000 in 2010 and N30,000 in 2019.

Abumisi pointed out that the failure of many state governments to implement and review the minimum wage has further led to pension increases which correspond to these wage reviews not being realized in the referenced states.

In 2023, the Federal Government indicated an interest in raising the pension of retirees.

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