
Nigeria begins implementation of 20% increment in pension payment
The Federal Government has started the implementation of the 20 per cent increment in pensioners monthly take-home under the Defined Benefit Scheme (DBS), according to retirees’ welfare group, Nigeria Union of Pensioners (NUP). The union hailed President Bola Tinubu for the increment and the introduction of a minimum pension of ₦32,000 for retirees. The 20…