Nigeria pensioners have threatened to embark on a nationwide protest over the non-implementation of the Consequential adjustment of pensions.
National President of the Nigeria Union of Pensioners (NUP), Abel Afolayan, made this known during a briefing in Abuja on Friday.
The NUP president condemned the federal government for failing to implement the adjustment arising from the implementation of the National minimum wage for workers.
Afolayan, however, noted that the union is giving the Federal Government a 21-day ultimatum to make amend, hence its members will occupy streets in protest.
He said it is disheartening that after two years of implementing the national minimum wage, the Federal Government is yet to approve their demands as stipulated in the constitution.
Quoting from the 1999 constitution with respect to sections 173(3) and 210 (3) as it affects the 5 -yearly review of pension, Afolayan said they should be a review or together with the salary reviews of workers
The pensioners said further that two years after the adjustment of salaries and the implementation of the N30,000 national minimum wage as approved by the Government, they are still waiting for the approval of their own consequential adjustment of monthly pensions, in compliance with the above constitutional stipulation, even after several efforts by the national leadership of the union.