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Why are pensioners having a hard life in Nigeria?
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[QUOTE="Alexandoy, post: 206209, member: 25510"] The pension plan of the government in our country is very minimal. I am receiving $100 only as my monthly pension although the new retirees have an increased pension of $200. Most of the retirees here have saved especially in the middle class villages. They own their homes so there is no problem with the rent. Fortunately I am one of them. We were able to own our home after paying 9 years of installment on the mortgage. I am glad that I have enough money in the bank so I don't really depend on my meager pension for my budget. On the contrary, I know so many pensioners who are having a hard life in their old age years. They didn't have savings and they do not own their home. You can imagine the problem when you see old pensioners still doing dirty jobs of driving a pedicab or working in the construction. That should serve as a neat lesson to the younger generation. [/QUOTE]
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Why are pensioners having a hard life in Nigeria?
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