TheCable

Felix Amadi, a pension expert, is set to unveil a book on managing retirements in Nigeria.

Over the year, there has been series of protests by senior citizens over non-payment of pension owed them by the federal and state governments.

In a statement, Amadi said the book titled “Retirement in Nigeria: A Management Approach” seeks to identify strategies in preventing such demonstrations and managing pensions.

The book is scheduled to be unveiled at the Muson Centre in Lagos on November 5, while a formal public presentation will be held at the Transcorp Hilton Hotel on November 19.

Comprising 30 chapters, the book is grouped into five parts, with each focusing on a key aspect of the retirement horizon.

In the foreword, Bamanga Tukur, former national chairman of the Peoples Democratic Party (PDP), said it will fill an existing literature gap and support capacity building efforts for retirement planning and management.

Tukur, a former chief executive of the Nigerian Ports Authority (NPA), said the book positions retirement as a process that is amenable to general management principles even as he would not hesitate to recommend a comprehensive study of the process.

Commenting on the book, Alfred Martins, Catholic archbishop of Lagos, said the publication has brought to the fore, critical issues which have remained outside Nigeria’s social policy framework.

“Let the legislators and policy makers know it is time to begin to consider the welfare of the elderly as is obtainable in all civilised societies,” he said.

Eze Ajoku, the national president, Coalition of Societies for the Rights of Older Pensions in Nigeria, said the book “should be a compendium for leaders, planners, learners, researchers and most importantly lawmakers whose efforts today guide our future”.

In his comment, Abdalla Adamu, vice-chancellor of National Open University of Nigeria (NOUN), described the book as a must read for all stakeholders.

“I have perused the book and so, consider it an important document for individuals, groups and corporate organizations. It is a must read for all stakeholders as it affects retirement and the management approach thereto,” he said.

Dauda Birmah, a former minister of education, also added that as “much as it is important for everyone to understand and follow the management process advocated in the book, the process must also enjoy the support of economic growth and social investments necessary to create employment and alleviate pervasive poverty in the land”.