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NPA: Our pensioners get their N700m monthly entitlements before we pay regular staff

NPA: Our pensioners get their N700m monthly entitlements before we pay regular staff
October 09
19:47 2019
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The Nigerian Ports Authority (NPA) says it ensures that all its pensioners get their N700m monthly entitlements early before serving members of staff.

In a statement on Wednesday, Jatto Adams, NPA’s general manager of corporate and strategic communications, said the organisation is committed to the overall welfare of its former staff.

He said the authority does not recognise the Nigerian Ports Authority Concerned Pensioners (NPACP) as the union representing the pensioners.

Adams said the NPA has, however, put adequate measures in place to address the grievances of pensioners.

“Although members of this group, led by Mr. Charles Ayo Binitie are former employees of the Authority, most of who left the service between 2006 and 2007, they have refused to belong to the recognised Nigerian Ports Authority Pensioners Welfare Association (NPAPWA),” he said.

“The NPAPWA is recognised by management on the strength of a July 20, 2018 letter addressed to the Managing Director by the Chief Registrar, Federal High Court Lagos, Mr. A.A Tahir recognizing Alhaji Umar Ali Imam as the authentic caretaker committee member to take charge of the association.

“Even though the Authority has found this a legitimate ground not to have anything to do with the group, management has at various times in the past three years, given them audience and taken steps to address their complaints.

“Some of the steps, which have resulted from meetings with some of their representatives and affected NPA’s 8000 pensioners include harmonisation of pensions ranging from 15% to 158% paid to all categories of pensioners including the 2006/2007 set.

“The increase of pensions to all categories of pensioners including members of the NPACP by 3%. Payment of 18months arrears of 3% increase on the harmonized pension/salary from January 2016 to June 2017.

“The NPA ensures that all its pensioners get their monthly entitlements which cumulatively runs into about N700m on the 22nd day of every month, way ahead of serving members of staff.”

Adams added that all pensioners have access to the authority’s medical facilities at no cost.

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Exchange Rates

October 14, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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