{
  "id": 17087838,
  "title": "Monthly pension is not favour to retirees - Tinubu",
  "url": "https://urgent.news/2026/10/29/monthly-pension-is-not-favour-to-retirees-tinubu",
  "topic": "world",
  "section": "World",
  "published": "2026-10-29T16:23:43.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/29/monthly-pension-is-not-favour-to-retirees-tinubu/"
  },
  "original_language": "en",
  "account": "President Bola Tinubu has stated that providing monthly pensions to retirees is not an act of favor from his administration. During the inauguration of PenCare in Abuja on Thursday, the President, represented by SGF George Akume, emphasized that pensions are wages that have been deferred and set aside in trust for retirees. Tinubu reiterated that a pension is not a favor granted by the government; it is a promise that the administration is committed to keeping. Omolola Oloworaran, the Director-General of the National Pension Commission (PenCom), also addressed the issue, urging the creation of three million new funded pension accounts. She stressed that an empty account is merely a statistic, whereas a funded account represents a future and could be the starting point for securing that future. The President's stance on monthly pensions underscores the administration's commitment to fulfilling its promised obligations to retirees.",
  "summary": "President Bola Tinubu has said that the payment of monthly pensions to retirees is not a favour granted by his administration. Tinubu made the assertion during the unveiling of PenCare in Abuja on Thursday. The President, who was represented by the Secretary to the Government of the Federation, SGF, George Akume, said pensions are wages […] Monthly pension is not favour to retirees - Tinubu",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Tinubu cautions pension managers against risky investments",
        "url": "https://urgent.news/2026/10/29/tinubu-cautions-pension-managers-against-risky-investments",
        "published": "2026-10-29T15:36:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}