- President Muhammadu Buhari on Thursday, March 28, revealed his plans for Nigeria's pension scheme
- President Buhari, at the launch of the Micro Pension Plan session held in Abuja, said that his administration will sanitise the system
- This, according to him, will help public servants reap from their labours and efforts through grants and plans to set up small businesses
President Muhammadu Buhari on Thursday, March 28, said that he will do his utmost to see that worthy public servants are duly rewarded by reviewing the country's pension system.
The president made this promise at the Micro Pension Plan, organised by the National Pension Commission (NPC), Leadership reports.
Speaking at the State House Conference Centre in Abuja, he said: “The dignity of retired public servants who sacrificed their lives for this country will be restored. We will ensure all hard working Nigerians in the private sector, both formal and informal, can retire without fear.
“In addition to this program, we are also working tirelessly to sanitise some of the rot within the pension system we inherited.
"I want to assure all Nigerians that this government remains committed to resolving all pending issues on pension payment in the federal public sector despite the lean resources of government.
“Today, millions of traders, farmers and other entrepreneurs in various cottage industries are completely excluded from the different pension programs in existence.
“The Micro Pension Plan is the natural next step. The program guarantees that when these hard working citizens retire, they can still live in dignity and comfort."
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Moreover, President Buhari said that the federal government has made provisions for grants, concessionary loans and technical support through small and medium enterprises as well as clinics to farmers, traders and SMEs.
Earlier, Legit.ng reported that President Muhammadu Buhari on Thursday, March 28, launched the Micro Pension Plan (MPP) that is aimed to benefit self-employed Nigerians.
President Buhari launched the programme at the State House, Abuja with the registration of a Keke NAPEP operator, Sagir Shawa.
The president said the programme was conceived for Nigerians in the informal sector of the country.
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