Pensioners Union hails Presidency, describe his administration as the best in many years.

Retirees under the aegis of Nigeria Union of Pensioners, Contributory Pension Scheme Sector [NUPSCPS] have written to President Muhammadu Buhari applauding his administration as the best in 14 years of the pension scheme.

In a letter dated December 10, 2018, signed by the Chairman of the Union, Comrade Slyva C. Nwaiwu, the pensioners said they were registering their "unanimous acknowledgement and commendation of the good performance" of the administration in the Contributory Pension Scheme Sector in particular, and Nigeria Pension Industry in general.

Distancing itself from partisan politicking, NUPSCPS said the union was made of "elders statesmen and women who must stand for the truth, no matter whose ox is gored, " adding: "We owe no one any apology for expressing the truth we know about the good works of your administration."

The Union said further "Your administration inherited huge pension liabilities as a result of excesses and recklessness of the previous administrations which mismanaged pension fund meant for the payment of retirement benefit.

"Nevertheless, your contribution in just few years in office is one of the best we have seen in the 14 years of existence of the Contributory Pension Scheme [CPS] in our nation."

"Your insight, determination, political will and commitment as demonstrated in the release of bailout funds to ameliorate the suffering of Nigerian workers/pensioners is unequalled and highly appreciated by the union and other stakeholders."

The union also urged the President to complete the good work he has started by authorizing additional bailouts to clear the outstanding backlog from last year.

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