The latest Abuja pensioners protest has put Nigeria’s pension system back in the spotlight, with elderly retirees demanding unpaid entitlements and a better deal under the Contributory Pension Scheme. The demonstration reflects a wider problem facing Contributory Pension Scheme retirees. For many of them, the issue is no longer simply about how much they receive,…
President Bola Tinubu has accused former Vice President Atiku Abubakar of leaving behind unpaid pension liabilities during the privatization of government-owned enterprises under the Olusegun Obasanjo administration, saying his government is now working to resolve the issue. Tinubu made the remarks at the Presidential Villa in Abuja while receiving a delegation of North-East stakeholders who…
Nigeria’s pension industry has reached a new milestone, with total pension assets rising to ₦31.48 trillion following recent reforms by the National Pension Commission (PenCom). The Commission also disclosed that 938,229 new contributors joined the Contributory Pension Scheme (CPS) over the past two years, bringing total membership to 11.32 million. Speaking at a State House…
