THE FLOATING BRIDGE: ASSESSING THE POLITICS OF PENSION AND GRATUITY IN NIGERIA

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Authors: Laura Chinenye Oranika-Umeasiegbu, Nnamdi Michael Nwadiogbu
Cited by: 0

Abstract

Pension in Nigeria has been very problematic and has provoked a lot of researches. Workers work and retire in good health and suddenly drifted into ailment and abject penury due to non-payment of gratuity and epileptic pension payment. Therefore, this study investigated different pension regimes in Nigeria and their inability to address the plight of the retirees. The study adopted qualitative research methodology and content analysis technique was used as medium of analysis. After interrogating the nuances of pension in Nigeria, some revelations were made and based on the revelations, the study concludes that: Government should mount awareness campaign drive by in print, electronic and social media. Scale up micro pension in the informal sector. Government should prudently manage the pension fund to ensure that retirees receive their monthly pension instantly at retirement and to reorganize PenCom, PFAs and PFCs, and also organize regular workshops and seminars for the pension agencies and stakeholder.

Fields of Study & Subjects

Financial Literacy Pension Retirement Analysis Methodology and Impact of Social Science Research Retirement Disability and Employment

Publication details

Journal / source
Zenodo (CERN European Organization for Nuclear Research)
Publication date
6 January 2026
Language
EN