Why We Haven’t Paid Pensioners New Minimum Wage, Military Explains

• Concerns rise as retired military personnel experience delays in the payment of their pension allowances
• However, a statement clarified that the delay in the payment of the new pension rates to military pensioners is due to the non-release of funds
• The clarification came hours after the Nigeria Union of Pensioners pleaded with the federal government to release funds for the payment of the accrued rights portion of retirees’ pension benefits

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

As governors commence payment of the new minimum wage, the Military Pensions Board has clarified that the delay in the payment of the new pension rates to military pensioners is due to the non-release of funds to the board.

Minimum wage: Military Pensions Board clarifies delay in payment

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Following anxiety from some retired veterans about the delay in payment of the new pension allowances, the board pointed out that it has nothing to do with the ongoing electronic verification exercise.

The Board, in a statement issued on Monday, October 28, signed by the chairman and addressed to veterans, appealed to all pensioners to jettison the insinuation making the rounds linking the outcome of the ongoing electronic verification exercise to the payment of the new pension rates approved by the Asiwaju Bola Ahmed Tinubu-led federal government.

Meanwhile, the nationwide electronic verification of military pensioners, initiated on July 1, 2024, is set to conclude on October 31, 2024, and is aimed at accurately assessing the pensioner population for better budgeting.

However, AVM Irumheson, the chairman of the Board, assured veterans that their entitlements, including arrears, will be fully paid.

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New minimum wage: 20 states begin payment to workers - report

Vanguard confirmed the development in its publication on Monday.

Read more on minimum wage:

• New minimum wage: 20 states begin payment to workers - report
• N70k minimum wage: Jigawa governor suspends top aide over unauthorised statement

Rhodes-Vivour insists “N85k not enough for Lagos workers

In a related development, Legit.ng reported that Lagos-based Labour Party chieftain Gbadebo Rhodes-Vivour criticised Governor Babajide Sanwo-Olu's government over the N85,000 minimum wage.

Rhodes-Vivour insisted that the amount would not make a difference in the lives of Lagos state workers, considering the current economic situation.

In a post shared on his X page, the LP governorship candidate suggested that N100,000 would suffice in this difficult time.

Source: Legit.ng