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NSITF's Oluwaseun Faleye Lauded for Pension Reforms

NSITF's Oluwaseun Faleye Lauded for Pension Reforms

Pensioners affiliated with the Nigeria Social Insurance Trust Fund Chapter of the Nigerian Union of Pensioners have expressed their gratitude to Managing Director Oluwaseun Faleye for executing a Supreme Court judgment that had left some retirees waiting for their entitlements for over 23 years. In a letter dated October 7, 2026, signed by NUP NSITF Chapter President Danlami Aliyu and Secretary Olutekunbi Ayodele, the pensioners commended the NSITF management for implementing approved pension increases and settling outstanding arrears.

They highlighted the significance of the Supreme Court judgment's implementation, noting that many affected pensioners had spent decades pursuing their entitlements. The union also praised the management for a N32,000 increase in monthly pensions and additional increases of 20% and 28%, which they stated provided essential financial relief amid rising living costs.

The pensioners acknowledged Faleye's commitment to addressing their welfare concerns and restoring confidence among retired workers.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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