President Bola Tinubu has issued a directive to fast-track the launch of a free healthcare initiative for low-income retirees.
He emphasised its importance for social protection and dignity in retirement.
The President also called for the immediate implementation of long-awaited pension increases and a minimum pension guarantee to support the most vulnerable pensioners.
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The directives were announced following a briefing by Omolola Oloworaran, the Director General of the National Pension Commission (PenCom).
According to a press release from Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu stressed the need to provide a safety net for those who have served the nation.
A key point of Tinubu’s directive is the resolution of the long-standing police pension issue.
He stated that members of the police force, who are responsible for the nation’s security, deserve to retire with dignity and peace of mind.
Oloworaran also briefed the President on ongoing efforts to protect pension fund assets from inflation and macroeconomic pressures.
Additionally, she shared plans to introduce foreign currency contributions, which would allow Nigerians in the diaspora to participate in the pension system.
Tinubu expressed strong support for these reforms, reaffirming his administration’s commitment to inclusive growth and protecting the welfare of all Nigerians.
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The briefing highlighted a range of initiatives aimed at improving retiree welfare and broadening the scope of the pension scheme.
The move signals a renewed focus on the well-being of the nation’s senior citizens and a commitment to ensuring their financial security and access to healthcare in retirement.
