Tinubu’s Re-election Not Behind New Pension Scheme, Says PenCom

The National Pension Commission (PenCom) has dismissed suggestions that the introduction of the N52,500 minimum pension guarantee and free healthcare initiative for retirees was designed to boost President Bola Tinubu’s re-election chances ahead of the 2027 general elections.
The Director-General of PenCom, Omolola Oloworaran, said the commission’s pension reforms had been ongoing since July 2024 and were driven by its mandate to improve the welfare of retirees, rather than political considerations.
Oloworaran spoke on Tuesday in Abuja during a press conference at the State House following the launch of the minimum pension guarantee scheme and the PenCare healthcare initiative.
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