URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Democratic System In Nigeria Gradually Lossing Popularity, Primate Ayodele Tells Tinubu
    August 25, 2024
    ‘We’re Not Barren But Fruitful, Obaseki’s Wife Response Against oshiomhole’s Outburst
    September 8, 2024
    Outstanding  Salaries: we’ll Embark On Nationwide Strike, SSANU, NASU Warns FG
    September 19, 2024
    Latest News
    Ardo, Atiku Opposition Coalition Seeks New Party, ADA Registration From INEC
    June 20, 2025
    Food Cost, Checkpoints, Illegal Taxes Top Discourse As Nigerian Governors Raise Alarm
    June 19, 2025
    Farotimi: Tinubu’s Administration Dangerously Discourages Free Speech
    June 19, 2025
    Why Trump Dismisses Ceasefire, Justifies Real End To Iran Nuclear Threat
    June 17, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Payment of Pension Backlog To Commence Soon-Finance Minister Edun Says
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Business > Payment of Pension Backlog To Commence Soon-Finance Minister Edun Says
Business

Payment of Pension Backlog To Commence Soon-Finance Minister Edun Says

urbanexpresslive
Last updated: November 13, 2024 1:51 pm
urbanexpresslive
Share
2 Min Read
SHARE

Taiwo Popoola

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will soon begin payment of the pension backlog.

Edun gave this assurance on Tuesday in Abuja during a peaceful rally by the Nigeria Union of Pensioners Contributory Pension Scheme Sector, NUPCPS, at the Federal Ministry of Finance.

“We will start next week to pay everything that we can under the current budget as approved by the National Assembly.

“What has happened now is that there is a backlog in terms of contributions and there is a solution.

“There has been a committee under the Office of the Head Of Service which has met the minister of budget, and I. We have a plan for dealing with the backlog under the Contributory Pension Scheme (CPS).

“We are committed to paying it. It has to be paid this year. We are committed to doing that starting from next week,” Edun said.

He emphasized the Federal Government’s commitment to pensioners’ welfare.

Speaking earlier during the protest, the National Chairman of NUPCPS, Mr Sylva Nwaiwu, said CPS had never benefited from any increment of the National Minimum Wage Act.

Nwaiwu said that the Federal Government had not released accrued rights for pensioners for over 20 months (since March 2023 till date).

“Our senior citizens are suffering, after using our youthful years to serve our fatherland and we get this in return.

”Please use your good office to help us. Some of our members are bedridden and some have died in the struggle.

You Might Also Like

How External Reserve Hit 22-month High of $37.39billion-CBN

If Sustained, US Tariffs Will Hit Economies of Mexico, Canada, Others-IMF

Trump Hints at Possible Meltdown of Tariffs On China

Power Outage In Abuja, Nassarawa-what AEDC Is Doing As Mitigation-Acting MD Okwuokenye

How Nigeria’s Money Supply Increased By 65% To N107.1tn In August-CBN

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Revenue: Nigeria Customs Hint at Generating N5.07tn 2024 Target
Next Article Lukarawa Terror Group Shall Be Thing of The Past, NSA Ribadu  Vows
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Cyberterrorism: How Seven Chinese Nationals Were Jailed For Internet Fraud Involvement
Crime Lence Crime Reports June 21, 2025
Club World Cup 2025: How Two teams Qualify For Round of 16
Uncategorized June 21, 2025
EPL: Aina Set To Sign New Long-term Contract At Nottingham Forest
Urban Sports June 21, 2025
Transfer: Why Ex-Golden Eaglets Captain Joins Czech Club Dukla Prague
Urban Sports June 21, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account