Pension N450: NUP Advocates for Improved Conditions Amidst Economic Hardship.

The Nigerian Union of Pensioners (NUP) has raised an alarm about the dire consequences of the economic downturn on its members, attributing increased hardship and a high cost of living as major contributors to the escalating crisis. In a press briefing held in Abuja, Mr. Godwin Abumisi, the National President of NUP, disclosed that the union has sadly witnessed the loss of approximately 1,500 members in recent times due to economic struggles.

Mr. Abumisi emphasized the severe limitations faced by the union in providing relief to its members, citing resource constraints. He expressed frustration over the perceived lack of consideration for the welfare of the poor by the Nigerian government, particularly highlighting the meager monthly pensions received by pensioners in certain states. For instance, he pointed out that pensioners in Enugu are receiving as little as N450 monthly, a paltry sum insufficient to cover basic living expenses.

The NUP president went on to highlight the alarming disparity in pension rates across different states, revealing instances where pensioners are grappling with monthly pensions as low as N500 and N1,000. States like Borno, Gombe, Jigawa, Katsina, Kogi, Kwara, Niger, and Taraba were specifically mentioned, with Abumisi attributing these low figures to the non-harmonization of pensions and the failure to implement previous minimum wage reviews.

Abumisi expressed discontent with the excuses put forth by state governments, arguing that their inability to implement previous wage reviews has cascaded into insufficient pension adjustments for retirees. He decried the impact of the economic downturn and questioned the government’s commitment to the well-being of its citizens, particularly those who have served the nation in various capacities.

In a bold move, Mr. Abumisi announced the NUP’s intention to propose a National Minimum Pension of N100,000 to the Tripartite Committee. This proposal aligns with the Nigeria Labour Congress’s call for a N200,000 National Minimum Wage, reflecting the NUP’s commitment to securing improved living conditions for pensioners in the face of economic challenges.

The union leader concluded by expressing concern over the unacceptable and unpardonable increase in federal allocation to states by the present administration. He urged for fairness and justice in addressing the plight of pensioners and emphasized the need for a more compassionate and comprehensive approach to pension reforms and welfare programs in the country.

 

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