The National Union of Pensioners (NUP), the Federal Colleges of Education extraction has pleaded with President Muhammadu Buhari to prevail on the appropriate authorities to urgently release the funds budgeted for payment of the outstanding arrears of the year 2009 33 per cent pension increase.
A statement signed by south- west zonal chairman of the Federal Colleges of Education Component of the Nigerian Union of Pensioners (NUP), Doctor Stephen Akinnifesi Fatusin, said the union was aware that for the umpteenth time, the federal government had budgeted funds for this purpose without results.
The senior citizens said in 2017, more than N55billion was approved and released for offsetting of 33 per cent arrears but they were not paid.
Fatusin said despite media information quoting the House of Representatives committee chairman on pension, Honourable Shekarau as saying that such amount of money has been approved, Pension Transition Administrative Directorate (PTAD) denied the…
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