Senate President Godswill Akpabio Represents Tinubu At Launch Of Pension Security Initiative

Senate President Godswill Akpabio Represents Tinubu At Launch Of Pension Security Initiative

According to a government update shared on his verified Instagram page, @senator_akpabio, on November 11, 2026, Senate President Godswill Akpabio represented President Bola Ahmed Tinubu at the launch of the Presidential Pension Security Initiative at the State House Banquet Hall in Abuja.

During the ceremony, Akpabio delivered the president’s official address, announcing the formal commencement of Nigeria’s minimum pension guarantee alongside the introduction of the PenCare scheme after a 22-year delay. He explained that the Minimum Pension Guarantee ensures eligible retirees under the Contributory Pension Scheme receive a guaranteed monthly minimum floor of 52,500 naira, while PenCare provides essential healthcare support at no cost to low-income pensioners.

Both welfare initiatives are designed to directly address income stability and accessible medical care, safeguarding citizens who dedicated their productive years to national service against financial hardship during retirement.

Following the announcement, retirees, labour unions, and social media users commended the federal government’s policy implementation, describing the twin programmes as a vital milestone for dignity and social protection in old age.

Steadynewshub feedback-opera-news-app@opera.com

📰 Original Source Attribution

Reported by News Hub Creator.

Read Original Report at news hub creator ↗
Share: WhatsApp WhatsApp
💬

Comments (0)

Join the Conversation

No comments yet. Be the first to share your opinion!

You may like