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HomeNIGERIANUP wants FG to compel mortgage bank over pensioners’ arrears

NUP wants FG to compel mortgage bank over pensioners’ arrears

By Chuks NZEH

The Nigeria Union of Pensioners, NUP, has called on the Federal Government to the plight of pensioners especially by prevailing on the managing director of Federal Mortgage Bank of Nigeria, FMBN, to pay her members their entitlements.

The union made this known to journalists in Abuja where they disclosed that over 100 of her members have died following the refusal of the Managing Director of FMBN, Arch Ahmed Musa Dangiwa, to pay their pension arrears.

Comrade Barr. Ladipo Ani said “we want to bring to the notice of the President the decision of the emperor in charge of FMBN affairs, the Managing Director, Arch. Ahmed Musa Dangiwa from Kastina, who is using the name of Mr. President to enslave us.”

Comrade Ladipo further said; “The Hon. Minister of Finance in a letter dated 7th June, 2021 with Ref. no. F6847/T/504 addressed to the Hon. Minister of Works and Housing, advised as follows: i. FMBN to liquidate the assets of the defunct FMFL and make the required payment in respect of the judgement debt in the sum of N4,774,517,205.36, being the accumulated terminal benefit settlement, including 10 years outstanding pension and gratuities of the pensioners; and

“ii. FMBN to enroll pensioners and immediately commence payment of their monthly pension in line with the judgement sum of N41,096,700.24 per month.

“The Hon. Minister of Works and Housing in another letter dated 2nd August 2021, Ref. no. FMPW&H/LU/1133/2017/1/189 addressed to the Managing Director, the Hon. Minister directed the MD as foiiows: i. That the FMBN should liquidate the assets of the defunct FMFL and make up the required payment in respect of the judgement debt.

“ii. That the FMBN should enroll the FMFL pensioners and immediately commence payment of their monthly pension in line with the court judgement. iii. In furtherance to the above, the Hon. Minister hereby directs that FMBN should budget for their liability and work out agreeable modalities with the affected pensioners for the settlement of their benefits.

“In another letter from the Presidency addressed to this same MD, Arch. Ahmed a Dangiwa on the 26‘h October, 2021, he was chided for non-compliance ministerial directive that he should explore all internal mechanisms to e the lingering issue of unpaid accumulated pension benefits.

“In spite of all these directives from various quarters, it is highly disheartening that the MD who only pleaded for a little time to sort out things with the Federal Ministry of Works and Housing in a letter he personally signed together with the legal adviser, Mr. Y.A. Oaikhena dated 28th September, 2017 has refused to yield.”

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