PenCom Approves 1,173% Pension Increase For Over Two Thousand NSITF Retirees

The National Pension Commission (PenCom) has approved a massive upward review of monthly pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF). Announced on January 28, 2026, the enhancement raises the combined monthly payout for these beneficiaries from ₦12.56 million to ₦159.95 million.  This historic adjustment represents a 1,173 percent increase, marking … Continue reading PenCom Approves 1,173% Pension Increase For Over Two Thousand NSITF Retirees