Tinubu unveils ₦52,500 minimum pension for retirees

Vanguard News | 10-11-2026 11:16pm |

President Bola Tinubu has unveiled a ₦52,500 monthly minimum pension guarantee for 173,209 eligible retirees under the Contributory Pension Scheme (CPS), ending a 22-year delay in implementing the provision of the Pension Reform Act. The President also inaugurated the Pension Industry Healthcare Plan for Retirees, known as PenCare, designed to provide free essential healthcare services to low-income pensioners. Tinubu, who ...

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