Thursday, June 24, 2021

Buhari launches pension plan for self-employed Nigerians


Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via [email protected], or, or @McRamalan on Twitter.
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President Muhammadu Buhari on Thursday launched a micro pension plan for self-employed Nigerians.

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During the launch which took place at the State House Conference Centre, Abuja, Mr Buhari said the programme was conceived for Nigerians in the informal sector of the country.

He, therefore, appealed to trade associations, workers unions and non-governmental organisations, NGOs, in the informal sector to join hands with the government in enlightening their members on the importance of the scheme.

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“This initiative will capture those that are not fully captured in the existing pension scheme.

In the past three years, we have provided loans to farmers and others in the informal sector. The micro pension plan is the next step,” he said.

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