NLC seeks termination of contributory pension scheme

News NLC seeks termination of contributory pension scheme Published on May 2, 2026 By Matthew Atungwu googletag.cmd.push(function() { googletag.display('div-gpt-ad-1500386953281-8'); }); Nigeria Labour Congress, NLC, in Rivers State has called for the immediate termination of the contributory pension scheme in the state. The State Chairman of NLC, Alex Agwanwor, made the call while speaking at the 2026 Workers Day celebration in Port Harcourt. The NLC chairman raised concerns over alleged lack of transparency in the scheme’s operational guidelines, and government’s failure to fulfill its counterpart funding. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524595905268-5'); }); He further said that the state government had failed to constitute a pensions board, and ensure retirees’ enrollment into the scheme. Agwanwor stated that the contributory pensions scheme had failed to protect the interest of Rivers workers. “It is our humble appeal that the scheme should be terminated and reversed to the traditionally defined benefit scheme. The NLC official urged Gov. Siminalayi Fubara to address the issue of exclusion of some local government workers from the verification portal, and resultant stoppage of their monthly salaries. “We are also asking for speedy domestication of the Federal Government’s reviewed peculiar service allowances. “This will help to cushion the effect of the economic challenges currently faced by workers,” he said. The chairman commended the Fubara-led government for its commitment to infrastructure upgrade and workers welfare. He pledged the continued commitment of Rivers workers to support the policies and programmes of the government. Don't Miss BREAKING: Benue Head of Serivce, Agbogbo Ode is dead You may like May Day: NLC, TUC berate Gov Oborewvori over non-appointments of substantive perm secs in Delta NLC urges Bauchi govt to clear gratuities, improve workers’ welfare May Day: Akwa Ibom NLC begs Gov Eno for ICT centre, injection of more funds into primary schools N1m salary useless without strong economy – NLC Mass Sack: NLC shuts down AEDC operations in Abuja, three Nigerian states NLC provides fresh solution to blackout, rejects FG’s planned N6tn bailout

SOURCE: https://dailypost.ng/2026/05/02/nlc-seeks-termination-of-contributory-pension-scheme/