Retirees from the Edo State Civil Service under the state’s Contributory Pension Scheme (CPS) staged a peaceful protest on Tuesday, demanding to be exited from the scheme.
The retirees lamented that many of them receive as little as N7,000 to N10,000 monthly, which they say is grossly inadequate to meet their basic needs.
The protest highlights the plight of pensioners across Nigeria, who often face delays and meager payments due to mismanagement of pension funds.
The Edo State Government has yet to respond to the protesters’ demands, but the issue underscores a broader systemic failure in the administration of pension schemes in the country.
As the cost of living continues to rise, pensioners are increasingly finding it difficult to survive on their meagre earnings.
The protest serves as a stark reminder of the need for comprehensive pension reforms to ensure that retirees receive their due entitlements promptly and in full.
