NLC urges government to make retirement easier for Nigerian workers

The Nigeria Labor Congress (NLC) has called on the Federal Government to facilitate retirement for Nigerian workers, especially at a time when Nigeria is facing economic challenges.

NLC Chairman Joe Ajayero on Wednesday welcomed a delegation from XEM Consulting Limited, a subsidiary of XEM Group, the organizer of the inaugural Pre-Retirement Summit scheduled to be held in Abuja from April 24th to April 25th. I made this appeal when I arrived.

Ajayero said much has been said about contributory pensions, but there has been no significant improvement from regulators.

“The majority of states have not yet started cooperating and are beginning to question the nature of the legislation.

“Even when the law made non-participation a crime, no state ever prosecuted, fined or collected,” he said.

Mr. Ahaero regretted that the pension issue in the country had become more about rhetoric than action.

He therefore called on the federal and state governments to take workers' pension issues seriously and ensure that workers are able to enjoy their retirement.

“Governments in this industry are not just employers of workers, they are also regulators, and if regulators are not doing something, there will be problems.

“The main victims are us. Even when people retire, Pension Fund Administrators (PFAs) find it difficult to pay them and therefore make long journeys that make it difficult to access their money.” ,” Ahaero added.


Leave a Reply

Your email address will not be published. Required fields are marked *