NLC President, Ajero Vows To Shut Down States, Firms Owing Pensioners.

Hamilton Nwosa
Writer

Ad

Details: Why Roosevelt Ogbonna Quit Access HoldCo board

• He remains Bank MD, Says Access By Obinna Uballa Access Holdings Plc has explained that Mr. Roosevelt Ogbonna, Managing Director and Chief Executive Officer of Access Bank Plc, resigned from the Board of the HoldCo to comply with regulatory guidelines issued by the Central Bank of Nigeria (CBN). The company, in a statement signed…

U.S. Crude Stocks Fall Another 2.4 Million Barrels

Crude oil inventories in the United States decreased by 2.4 million barrels during the week ending August 22, after falling 6 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 418.3 million barrels according to government data, which…

NASA Chief, Experts Hail SpaceX as its Starship nails key test flight after fiery failures

By Obinna Uballa SpaceX's major win on Tuesday as its big Starship rocket successfully completed a critical test flight, marking a turnaround after a string of explosive setbacks earlier in the year, has elicited reactions, reports said. Experts have reportedly hailed the move as groundbreaking. The more-than-400-foot rocket, central to SpaceX’s commercial ambitions and NASA’s…

Ad

The President, Nigerian Labour Congress (NLC), Comrade Joe Ajero has vowed to shut down States and companies owing pensioners.

Ajero who disclosed that most States government bluntly refused to pay the backlog of arrears-owned pensioners, noted in dismay that most of the retired workers died while waiting for their money.

He stated that over 70% of retirees relied on their pension to survive and buy drugs to take care of themselves as ageing comes with different challenges.

The NLC President disclosed that at the moment, the Abia State government is currently owing pensioners 22 months arrears.

He disclosed that the NLC has put machinery on motion to shut down the state.

The President also noted in dismay that the state is yet to implement the ₦30,000 minimum wage since it was introduced by the federal government.

Ajero also disclosed that States that are financially vibrant like Rivers State are owing about 15 months pension arrears.

The President lamented that inspite of the glaring hardships in Nigeria, Anambra State government still pays a pantry sum of ₦333.45k as monthly payment to pensioners.

He assured that the Labour movement must work hard to curb the excesses of states government in this regard.

Ajero stated that as Workers’salaries are being reviewed, so that of the Pensioners will be reviewed as well.

Ad

X whatsapp