The Nigerian Union of Pensioners Contributory Pension Scheme (NUPCPS) has urged the federal government to promote the social welfare of retirees and workers in order to foster economic growth.
He asserted that the government could not adequately address economic difficulties until it satisfied the desires of both retirees and those in the workforce.
This was the group’s presentation at the eighth annual National Conference of the Nigerian Association of Insurance and Pension Editors (NAIPE) in Lagos, with the theme “Role of Insurance and Pension in Building Sustainable Economic Growth Under the New Government.”
Bisan John, Secretary of the Union, stated that the government’s pension arrangement in the country is much below standard, as pensioners from public service are unable to meet their commitments.
According to John, the portrayal of retirees’ anguish in the media continues to be frightening, giving concerned citizens negative feelings about public service.
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