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FMBN retirees cry out over unpaid pension, threaten to cripple bank’s activities

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By Kalu Onyemaechi

Pensioners of the Federal Mortgage Bank of Nigeria are set for a nationwide picketing of the bank’s offices after several failed efforts to get their retirement benefits.

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According to Vanguard, information rising from their meeting of November 9th in Lagos alleged that the FMBN management has not complied with the ministerial/presidential directives to pay them their benefits, the pensioners unanimously resolved that Comrade Sekoni Joseph Olufemi Chairman, Lagos State Zone of the Nigeria Union of Pensioners (FMBN Chapter) or any other person so appointed from other zones would lead the picketing activities.

In a 7-point communique, the pensioners resolved that the Nigeria Labour Congress would be carried along with a view to enlisting its support to make the exercise successful.

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The resolution further justified their planned action stating: “For the avoidance of doubt, our demands are payment of overdue pension arrears from 2006 which amounts to ₦4.7 billion; immediate payment of ₦41million monthly as directed by the Ministry of Finance, the Ministry of Works and Housing and the presidency.”

The pensioners are also asking for the immediate payment of ₦41million monthly arising from the non-payment of ₦4.7b arrears from January 2019 to November, 30, 2021.

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