“A Nation That Honours Yesterday’s Workers Inspires Tomorrow’s Workforce” – Elumelu Hails Pension Initiative Launch

Leading Nigerian investor and philanthropist, Tony Elumelu, has commended President Bola Tinubu over the launch of the Presidential Pension Security Initiatives, saying the programmes will help protect retirees and promote inclusive economic prosperity.

Elumelu, who delivered goodwill remarks at the launch in Abuja on Wednesday, said the initiatives demonstrated the importance of building a country where Nigerians who had contributed to national development could retire with dignity, security and peace of mind.

The initiatives, comprising the PenCare Retiree Healthcare Initiative and the National Minimum Pension Guarantee, are designed to address two major concerns of retirees: access to healthcare and security of income.

Describing the programmes as investments in human dignity, philanthropist said the true measure of national progress extended beyond wealth creation to protecting citizens, particularly vulnerable members of society.

“Today, we are making an important statement about the kind of Nigeria we want to build.“A Nigeria where those who have worked hard, served diligently, and contributed to our nation’s development can retire with dignity, security, and peace of mind,” he declared.

The Chairman of Heirs Holdings said economic prosperity must be inclusive, stressing that growth should translate into improved living conditions for Nigerians, including those who had completed their years of active service.

“As an entrepreneur, investor, and advocate of Africapitalism, I have always believed that economic prosperity must be inclusive.“Growth must translate into improved lives, and our institutions must work for all Nigerians, including those who have completed their years of active service,” he added.

The master entrepreneur particularly commended the Nigerian pension industry for funding the PenCare initiative, describing it as an example of what responsible institutions could achieve when they prioritised people’s welfare.

He also expressed the private sector’s readiness to support policies and partnerships aimed at strengthening institutions, deepening financial inclusion and building a more secure future for Nigerians.

And, emphasised that protecting elderly citizens was important not only for their welfare but also for inspiring younger generations.

“A society that protects its elderly gives hope to its young. A nation that honours yesterday’s workers inspires tomorrow’s workforce,” he stated.

The influential Nigerian congratulated PresidentTinubu, the Director-General of the National Pension Commission, Omolola Oloworaran, and other stakeholders on the launch, expressing hope that the initiatives would advance the goal of ensuring that no Nigerian was left behind.

In a post on his social media platforms after the event, Elumelu said he had flown into Abuja to deliver the goodwill remarks at the launch, describing the occasion as an important milestone in the country’s efforts to secure the welfare of retirees.

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