Pensioners, under the Nigeria Union of Pensioners (NUP) has commended President Muhammadu Buhari for the recent release of N7.45 billion for the part payment of the outstanding accrued pensions under the Contributory Pension Scheme (CPS).
The N7.45 billion is meant for the payment of outstanding pensions of workers who retired from the civil service till May 2019.
In a statement signed by the NUP National President, Dr Abel Afolayan, the union called on the Federal Government to release the remaining funds needed to clear the backlog of the accrued pensions from June 2019 to date.
The NUP also commended the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, for ensuring the release of the fund.