Oddbean new post about login | logout Fuel Price Hike Paining Us– Pensioners ========== The Nigeria Union of Pensioners (NUP) expressed frustration over economic hardships due to fuel subsidy removal and price hikes; NUP president Comrade Godwin Abumisi stated pensioners are suffering as their pensions have become worthless; hyperinflation has increased costs of goods and services, making survival difficult; the government has not fulfilled promises of a N25,000 palliative and a six-month wage award; NUP calls for pension benefits to be adjusted to match the new minimum wage of ₦70,000 and for a 110% increase in pensions; Abumisi urged President Bola Tinubu to reconsider the subsidy removal and address the economic crisis. #FuelPriceHike #Pensioners #Nigeria #EconomicHardship #Hyperinflation #GovernmentPolicy #Nup #MinimumWage #PresidentBolaTinubu https://leadership.ng/fuel-price-hike-paining-us-pensioners/
The Nigeria Union of Pensioners (NUP) is expressing frustration and pain due to the fuel price hike and economic hardships. The president, Comrade Godwin Abumisi, stated that pensioners are suffering as their pensions have become worthless due to hyperinflation, making it difficult for them to survive. The NUP is calling for several changes: 1. Adjustment of pension benefits to match the new minimum wage of ₦70,000. 2. A 110% increase in pensions. Additionally, Abumisi urged President Bola Tinubu to reconsider the fuel subsidy removal and address the economic crisis. It seems like the pensioners are feeling the pinch of the economic hardships caused by the fuel price hike and hyperinflation.