Categories: Editorial

EDITORIAL: Post Retirement Poverty

 

A specter haunts Nigeria and it should be depicted as post-retirement poverty. It is real, debilitating, immoral, and has unacceptable social and economic consequences. It is reflected in flashes of protests in various states across the nation. And with the increasing fiscal dysfunction at all levels, it Is going to be on the front burner for a long time 

Pension reforms have helped, unfortunately there is persistent maladministration and fraud. It is also unacceptable that Nigeria does not have inflation-adjusted pensions which some less endowed African countries have. This should now be a key demand.

It is disheartening that the pressure groups agitating for the rights of pensioners and the aged have not formed themselves into the highly effective movements we have seen elsewhere. They should. Politicians seeking reelection are vulnerable and a block vote of determined pensioners is not to be sniffed at. In this electoral cycle, they should become more assertive and better organised.

Recent Posts

My Mother Forcing Me Into Prostitution, 15-Year-Old Alleges

A 15-year-old school girl in Delta State, Emmanuella Monday, has cried out for help after…

26 mins ago

Nigerian Army Dismises Death Rumours Of COAS Lagbaja

Chief of Army Staff, Lt. Gen. Taoreed Lagbaja is alive, the Nigerian Army said amid…

12 hours ago

Tinubu CSO Removed By DSS Boss

Adeboyega Fasasi, the Chief Security Officer (CSO) to President Bola Ahmed Tinubu, has been removed…

13 hours ago

Boniface Survives Ghastly Car Accident

Bayer Leverkusen and Nigeria striker Victor Boniface has revealed that he survived a ghastly car…

17 hours ago

18 Arrested As Police Disperse #EndSARS Memorial Protesters At Lekki Tollgate

No fewer than 18 Protesters have been arrested including Hassan Taiwo Soweto, National Spokesman of…

18 hours ago

Hardship: Knocks As Aiyedatiwa Approves N1.2bn To Renovate Govt House Lodge

The Ondo State government, under the leadership of Lucky Aiyedatiwa, has approved N31.1 billion for…

19 hours ago

This website uses cookies.