Pensioners hail Tinubu over N39.6bn arrears payment

Pensioners in Nigeria are expressing strong gratitude towards President Bola Tinubu following his approval of N39.6 billion to settle 10.6 percent pension increase arrears owed under the Defined Benefit Scheme. Godwin Abumisi, the National President of the Nigeria Union of Pensioners, conveyed this appreciation in an interview with TVC News, stating that this action, along with other pension interventions, has significantly boosted confidence in the current administration's dedication to the welfare of elderly citizens.

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We are very happy with the present government. No president in Nigeria has achieved as much as His Excellency, Bola Tinubu, President of the Federal Republic of Nigeria, GCFR. No other president has done as much as he has.

Abumisi lauded Tinubu's administration, asserting that no previous Nigerian president has achieved as much for pensioners. He specifically cited the release of N758 billion for pension and gratuity arrears for contributory pensioners under the Contributory Pension Scheme and an additional N58 billion for those on the Defined Benefit Scheme. "He has released funds to pay 10.6 percent arrears of pension increase, amounting to N39.6bn. He also made available the sum of N758bn for arrears of pension and gratuity for PENCOM, for contributory pensioners," Abumisi detailed.

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He has released funds to pay 10.6 percent arrears of pension increase, amounting to N39.6bn. He also made available the sum of N758bn for arrears of pension and gratuity for PENCOM, for contributory pensioners. And he provided N58bn for the payment of pension arrears for those on the Defined Benefit Scheme.

The pensioners' leader further emphasized the government's commitment to regular monthly pension payments since Tinubu took office. He noted that pensioners no longer face the significant delays that were once characteristic of pension administration in the country. "Since he took office, Nigerian pensioners and elderly citizens have been paid their pensions regularly. We no longer have the problems we used to have," he stated, expressing hope for further improvements.

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This government is very much committed to the welfare of elderly citizens in Nigeria. We also know he has plans in place for the regular payment of monthly pensions.

In light of these developments, Abumisi urged fellow pensioners to remain loyal to the Tinubu administration and to support his bid for re-election in the upcoming general election. He believes the current government's actions demonstrate an unparalleled commitment to the well-being of Nigeria's elderly population.

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My advice is that we should be loyal to this government, because no other government has done as much as he has. We should support his bid to