BY NKECHI NAECHE-ESEZOBOR—Nigeria’s ongoing pension reforms took centre stage in Abuja as the Nigerian Union of Pensioners (NUP) honoured the Director General of the National Pension Commission (PenCom), Omolola Oloworaran, at its National Thanksgiving Conference.
The event, which drew over 3,000 pensioners from across the country, highlighted renewed confidence in the Contributory Pension Scheme and recognised efforts to improve the welfare, dignity, and timely payments of retirees.
The highlight of the conference was the presentation of an Award of Excellence to the Director General in recognition of her impactful leadership and commitment to pension reform.
The honour underscored her role in driving initiatives aimed at strengthening the Contributory Pension Scheme, expanding inclusion, and ensuring that retirees benefit more effectively from ongoing reforms.
At the Conference, pensioners expressed appreciation to President Bola Ahmed Tinubu’s administration for the approval and disbursement of ₦758bn to settle more than two decades of outstanding federal pension liabilities.
Oloworaran , while addressing attendees and noted that the Contributory Pension Scheme has been revitalized after years of neglect.
She also highlighted ongoing reforms, including efforts to improve retirees’ welfare and healthcare through the “Pension Revolution 2.0” initiative.
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