Thread by @Laurestar

💥PMB ACHIEVEMENTS💥
PENSION
1. In January 2019, Pres @MBuhari launched Nigeria’s Micro Pension Scheme– which allows self-employed persons & persons working in organisations with less than 3 employees to save for d provision of pension at retirement or incapacitation
#5YearsOfPMB

2. @MBuhari Admin is prioritizing payment of pension arrears owed staff of current & defunct Federal agencies:

N54 billion released to settle outstanding 33% pension arrears (the 33% pension arrears date back to 2010 when the minimum wage was increased to N18,000).
#5YearsOfPMB

3a. Delta Steel Company (liquidated in 2005):
3,542 pensioners have now been placed on the payroll, ending a 13 year wait for their entitlements.

3b. NITEL: 9,216 pensioners payrolled, after more than a decade of neglect.
#5YearsOfPMB

4. Retired Biafran Police Officers (dismissed by the Fed Govt in 1971, after the Civil War ended, and pardoned by Pres Obasanjo in 2000):
@MBuhari approved payment of their pensions, from 2000.
N571.56 million was paid to a total of 174 beneficiaries in October 2017
#5YearsOfPMB

5. Nigeria Airways: President @MBuhari approved the release of N24 billion in September 2018, for the settlement of 50% of workers disengaged when the airline was liquidated in 2003/4.
#5YearsOfPMB

6. Recoveries: The Pension Transitional Arrangement Directorate (PTAD) has recovered cash and non-cash assets totaling N16 billion previously trapped in various insurance companies and underwriters managing the pension funds of Federal Parastatals and Universities.
#5YearsOfPMB