FG to increase pensions next year

Pensioners may get a raise in their pensions next year, according to the National Salaries, Incomes, and Wages Commission (NSIWC).

NSIWC told the executive committee of the Nigeria Union of Pensioners Nationwide that the commission is following up on the report it submitted to the Federal Government as regards the pensions of retirees.

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The pensioners, led by their chairman, Samuel Adewale, paid a courtesy visit to the chairman of the wages commission, Ekpo Nta, where the NWISC boss answered some of their questions, according to a statement issued in Abuja on Friday by the commission’s head of Press Unit, Emmanuel Njoku.

The statement reads in part: “The chairman of the commission informed his guests that the commission had forwarded to the government sometime in May 2023 its report on the harmonisation of pensions for consideration after synthesising inputs from relevant stakeholders, including pension unions, and the availability of funds, and that the commission was regularly following this up since it would have a bearing in considering pension increases in 2024.”

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FG to increase pensions next year

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