{"id":146656,"date":"2025-06-26T11:00:41","date_gmt":"2025-06-26T10:00:41","guid":{"rendered":"https:\/\/thepublicpulse.ng\/?p=146656"},"modified":"2025-06-26T11:00:41","modified_gmt":"2025-06-26T10:00:41","slug":"pensioners-appeal-to-national-assembly-on-approval-of-n758-billion-bond","status":"publish","type":"post","link":"https:\/\/thepublicpulse.ng\/?p=146656","title":{"rendered":"Pensioners Urge National Assembly to Approve N758 Billion Bond for Arrears Settlement"},"content":{"rendered":"<p>Pensioners Urge National Assembly to Approve N758 Billion Bond for Arrears Settlement<\/p>\n<p>Pensioners under Nigeria&#8217;s Contributory Pension Scheme (CPS) are urging the National Assembly to swiftly approve and release the N758 billion Treasury bond allocated to settle long-overdue retirement benefits, with some arrears dating back over 16 years.<\/p>\n<p>The bond, which received presidential assent in February 2025 during a Federal Executive Council (FEC) meeting chaired by President Bola Tinubu, was proposed to address long-standing liabilities owed to federal retirees. However, delays in legislative approval have left many pensioners in continued financial distress.<\/p>\n<p>Speaking on behalf of the affected retirees, the Chairman, Nigerian Union of Pensioners Contributory Pension Scheme Sector<br \/>\nMr. Sylva Nwaiwu expressed disappointment over the slow pace of implementation. \u201cMany of our colleagues celebrated the bond\u2019s approval but have sadly passed on without receiving a kobo. This delay is not just financial\u2014it\u2019s costing lives,\u201d he stated.<\/p>\n<p>Nwaiwu further emphasized that the union is prepared to organise a nationwide appreciation rally in honour of President Tinubu, should the National Assembly fast-track the process and ensure timely disbursement.<\/p>\n<p>He added that further delay could lead to more preventable deaths among elderly pensioners already battling health complications linked to stress and hardship.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pensioners Urge National Assembly to Approve N758 Billion Bond for Arrears Settlement Pensioners under Nigeria&#8217;s Contributory Pension Scheme (CPS) are urging the National Assembly to swiftly approve and release the N758 billion Treasury bond allocated to settle long-overdue retirement benefits, with some arrears dating back over 16 years. The bond, which received presidential assent in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":146657,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[1516,1515,1513,1514],"class_list":{"0":"post-146656","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-others","8":"tag-n758-billion-bond","9":"tag-national-assembly","10":"tag-pensioners","11":"tag-urge"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pensioners Urge National Assembly to Approve N758 Billion Bond for Arrears Settlement - The Public Pulse<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thepublicpulse.ng\/?p=146656\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pensioners Urge National Assembly to Approve N758 Billion Bond for Arrears Settlement - The Public Pulse\" \/>\n<meta property=\"og:description\" content=\"Pensioners Urge National Assembly to Approve N758 Billion Bond for Arrears Settlement Pensioners under Nigeria&#8217;s Contributory Pension Scheme (CPS) are urging the National Assembly to swiftly approve and release the N758 billion Treasury bond allocated to settle long-overdue retirement benefits, with some arrears dating back over 16 years. The bond, which received presidential assent in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepublicpulse.ng\/?p=146656\" \/>\n<meta property=\"og:site_name\" content=\"The Public Pulse\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-26T10:00:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thepublicpulse.ng\/wp-content\/uploads\/2025\/06\/National_Assembly_Building_Abuja_Nigeria2-768x432-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Njoku G. O\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Njoku G. 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