Economy
FG increases retirees pension by 32,000 Naira

The committee set up by the Federal government to review the new minimum wage, have revealed that retirees will now receive an increment of N32,000 in their monthly pensions.
This was contained in a memo signed by the National Salaries, Wages, and Income Commission made available to newsmen on the 27th of October 2024.
According to the memo, dated September 27, 2024 and signed by the Chairman of the NSIWC, Ekpo Nta, the affected retirees are those who retired under the salary schemes for doctors, health workers, lecturers, police, paramilitary, armed forces, and others.