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The Ogun State Governor, Dapo Abiodun, has approved the immediate increase of the quarterly payment of gratuity from N1bm to N2bn, representing 100 per cent rise for both the state and local government pensions.
The Pension Reform Act 2014 provides that pensions should be increased after every five years or whenever there is an increase in the salaries of active workers.
Nigeria's National Senior Citizens Centre Act mandates the state to direct its policy towards ensuring “that old age care and....”
Members of the NUP, in Ogun State, on Thursday, embarked on a "one-day special prayer," against the payment of N68bn gratuities
The pensioners said while members cannot cater for themselves, government officials are lavishing state funds.