Retirees Starve to Death Decades After Serving Nigeria.
Many retirees are struggling due to the Federal Government’s failure to pay pensions. As of May 2024, the FG owes an estimated N250 billion in accrued pension rights. Retirees like Yomi Gbadamosi and Mabel Adarabioyo, who have waited years for their pensions, face severe hardships. The delays stem from the FG’s inability to settle accrued rights, which has led to severe financial distress among retirees. The government has recently begun efforts to address these issues, but delays persist, with the 2024 pension allocation reduced by 21.3%
