
The House of Representatives has urged the Federal Government to commence the immediate implementation of all approved pension increments without further delay.
This resolution came after the House adopted a motion addressing the hardships faced by pensioners due to the non-payment of approved pension increases and the withholding of government-sanctioned palliatives by relevant institutions.
Presenting the motion during Wednesday’s plenary, Hon. Ibrahim Ayokunle recalled that President Bola Tinubu, in October 2023, approved a N25,000 wage award as a palliative and an additional N32,000 pension increment for Nigerian pensioners.
He expressed concern over the ongoing difficulties pensioners are enduring, especially the failure to implement the approved increments and the delay in disbursing crucial palliatives meant to ease their burden.
Ayokunle lamented that many retirees across the country are still grappling with insufficient income, inability to afford basic necessities, and declining health conditions due to these unresolved issues.
He further stressed that the delay in implementing the approved pension increases and palliative measures undermines constitutional values and poses a risk to national social stability.
Accordingly, the House called on the Federal Government—through the Ministry of Finance and other relevant bodies including the Ministry of Humanitarian Affairs, the Office of the Accountant General, the Central Bank of Nigeria (CBN), PTAD, and other concerned agencies—to urgently implement all approved pension increments without further delay.