Wednesday, March 27, 2024
HomeNEWSNaijaPresident Buhari Approves New Minimum Wage For Pensioners

President Buhari Approves New Minimum Wage For Pensioners

Following an approval by President Buhari, Pensioners are To receive a new minimum wage.

According to Dr. Chioma Ejikeme, Executive Secretary, Pension Transitional Arrangement Directorate, “The arrears from April 2019 will be paid along with the pensioners’ monthly benefit starting from May 2021 payroll.”

“I emphasise that the Nigeria Union of Pensioners has no reason to go on protest because the matter has been finalized,” she said.

According to her, “True to that statement, we are here today to confirm that the consequential adjustment will be implemented from May 2021 payroll.

“As a responsible agency of government saddled with the responsibility of overseeing the payment of pension benefits to pensioners under the DBS and their welfare, we are encouraged to do more for our pensioners.

“And we will continue to strive to improve the quality of their lives.

“We have concluded arrangements to send SMS to all pensioners, informing them of the payment and to caution them on the activities of the pension scammers.

“The time has come for DBS pensioners to continue to eat the fruits of their labour.

“We appeal to pension unions to always cooperate with the directorate in order to further facilitate better welfare opportunities for our pensioners.”

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