PENSIONERS BESIEGE FINANCE MINISTRY OVER UNPAID N200BN PENSION 

 

The federal ministry of finance was besieged Thursday by angry pensioners over their unpaid N200 billion pension.

 

The Retirees lamented that they have not been paid their pension in the last 15 months.

 

The angry pensioners coming together under the auspices of the League of Federal Service Contributory Pension Retirees and led by the Coordinator, Mr Chike Ogbechie said the association had made a submission to the National Assembly that if N200 billion for accrued pension is not approved in the 2017 budget the backlog would remain.

 

Members of the league cried that they have made several attempts to see the minister of finance, Mrs Kemi Adeosun over this matter. “The next time we come here we are going to occupy this ministry. We are going to bring our mattresses we will stay here” they threatened.

 

They also accused the Minister for Budget and National Planning of not having regard for pension matters. According to them, “that one, what he does is that when PENCOM submits the budget for accrued pension, he slashes it arbitrarily.”

 

 

 

The pensioners lamented further that “they (Budget and National Planning Ministry) slash our budget thus creating backlog. Then when the budget is approved, the Minister of Finance does not release funds. Last year she released only N18 billion for this purpose instead of N51 billion that was approved and even the N51 billion was inadequate, but she released only N18 billion.”

 

(Source: The Nation)

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