Dignity Of Retired Public Servants Who Sacrificed For Nigeria Will Be Restored – President Buhari

President Buhari on Thursday in Abuja said the dignity of public
servants, who worked tirelessly and sacrificed for the greatness of
Nigeria, will be restored, assuring that the Federal Government will rev
up the process of sanitizing the pensions system.
Speaking at the launch of Micro Pension Plan, organized by National
Pension Commission at the State House Conference Centre, President
Buhari said retired public servants deserved better treatment and
effective service that meets their needs to carry on after retirement,
promising to remove the “rot within the pension system’’.
“The dignity of retired public servants who sacrificed their lives
for this country will be restored. We will ensure all hard working
Nigerians in the private sector, both formal and informal, can retire
without fear,’’ he said.
The President noted that the Federal Government will continue to
support the National Pension Commission to ensure a successful roll-out
of the Micro Pension Plan, which will capture citizens that are not
fully captured in the formal corporate sector.
“In addition to this program, we are also working tirelessly to
sanitize some of the rot within the pension system we inherited. I want
to assure all Nigerians that this government remains committed to
resolving all pending issues on pension payment in the federal public
sector despite the lean resources of Government,’’ President Buhari
added.
He said trade associations, unions, non-governmental organizations
and other stakeholders in the informal sector should join hands with the
government and pensions industry to enlighten their members and general
public on the benefits of Micro Pension Plan.
“Today, millions of traders, farmers and other entrepreneurs in
various cottage industries are completely excluded from the different
pension programs in existence. The Micro Pension Plan is the natural
next step. The program guarantees that when these hard working citizens
retire, they can still live in dignity and comfort,’’ he said.
As part of efforts to diversify the economy and create a more
inclusive and enabling environment for all Nigerians, President Buhari
said the government has provided grants, concessionary loans and
technical support through Small and Medium Enterprises clinics to
farmers, traders and SMEs.
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