The National Pension Commission (PenCom) has pledged to fully implement all pending pension increases approved by the Federal Government before the end of the year, following the release of a ₦758 billion bond by President Bola Ahmed Tinubu.
The Director-General, PenCom, Omolola Oloworaran, gave the assurance when on a courtesy visit to the Nigeria Union of Pensioners (NUP) Headquarters in Abuja on the 27th September,2025. She praised the Union for its unwavering advocacy and noted that its representation on PenCom’s Governing Board has strengthened the smooth implementation of the Contributory Pension Scheme (CPS).
“Our priority is to ensure retirees enjoy the dignity they deserve after years of service. With the bond already approved, the long-awaited pension increases will be implemented without delay,” Oloworaran said.
The President, NUP, Godwin Ikechukwu Abumisi, described the visit as historic, noting that Oloworaran was the first PenCom Boss to officially visit the Union’s National Headquarters. He hailed PenCom as a “star performer” in prioritising retirees’ welfare and commended President Tinubu for placing pensioners’ wellbeing at the center of government policy.
While urging PenCom to deliver on all past increases under the CPS, Abumisi expressed optimism that the Commission’s renewed commitment would bring relief to retirees nationwide.
The visit also featured an inspection of the Union’s ongoing Headquarters project, with both parties reaffirming their partnership to safeguard pensioners’ interests across the country.
