By Bala Idris
When, on 29th May 2023, against the advice of the Presidential Transition Council Inaugural Committee, you took to the podium at Eagle Square to audaciously declare an end to the corrupted fuel subsidy regime in your first speech as President of the Federal Republic, you most certainly did not envisage an instant bushfire effect – a rabid fuel scarcity which immediately ignited intense economic hardship and food crisis across the country – even before you stepped down from that platform.
That singular phrase, “Fuel subsidy is gone!” reverberated harshly and pummeled the nation to a pulp, with prices skyrocketing and people’s modest earnings suddenly becoming unbearably meagre. This sparked an agitation for a new salary and minimum wage regime in the country.
The situation took a deeper dive when you announced the student loan scheme with all the attendant uncertainties, causing another spike in tuition fees across universities and concurrent student dropouts. Then, the Naira plummeted against the dollar, further tightening the noose of survival for everyday Nigerians. This effectively wiped out the middle class and created a situation where even basic commodities like Maggie, Oil, Toothpaste, and Garri, to mention a few, were no longer affordable to “ordinary” Nigerians, particularly Pensioners.
All through this crisis, you have consistently demonstrated an abiding commitment to work harder to ensure that life eventually becomes easy and meaningful for Nigerians. This is in addition to obvious mitigation measures like the recent NGN200 Billion Presidential Conditional Grant Scheme, effective monetary policies that made the Naira rebound in a record feat, and a review of the Student Loan Act with more enabling and lenient provisions, among other sustainable initiatives.
These have demonstrated that it is clearly not in your character or policy to deliberately perpetuate hardship or deprive the labourer of their wage.
As such, organs of government under your watch should not be used as a launchpad for inhumane onslaught by heads of agencies unilaterally degrading salaries and emoluments, particularly at a time of huge price increases in the middle of the most severe cost-of-living crisis in Nigerian history.
Such is the situation that over 20yrs pensioners of Ajaokuta Steel Company (ASCL) in October 2023 woke up to, a shocking unilateral decision led by the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Dr Chioma Ejikeme, to decapitate their emoluments by up to 33% under a “backend computation” pretext.
In the wake of this onslaught, many woke up to payment alerts far below the existing minimum wage, more so when their pension was already not adequate enough for the comfortable last days of a nation’s senior citizens who have spent the better part of their useful lives in the service of their fatherland!
This is also coming at a critical time when spiralling inflation has already degraded the emolument by many percentages, shrinking it to a sub-existence level.
Mr President, it is important to point out that this inhumane act against our nation’s senior citizens by PTAD and its E.S. was carried out without any known authorising memo from its supervising ministry and without any known audit that points to the alleged discrepancies it claimed to have covered in the so-called backend competition that equally lacked relevant stakeholders input.
While an existing court order has urged both parties to maintain the status quo, PTAD has continuously been in contempt of this order, still insisting on paying the degraded emoluments, which have been found to be fraught with monumental errors. As a result, PTAD agreed to an out-of-court settlement, agreeing to review the backend computation again with relevant stakeholders’ input.
However, this has proven to be an exercise in futility as it appears PTAD is only interested in stalling the court case. It has not lived up to its promise by reverting to the normal pension regime as of the last payment in March 2024.
Meanwhile, these pensioners are languishing in abject poverty, deprivation, hunger and some terminal ailments, mostly unable to feed their families, pay the bills, purchase essential drugs or pay for school tuition fees.
Your excellency, sir, your intervention in this matter in not only ensuring their right dues are paid to them but also enabling them to benefit from upward reviews of salaries and minimum wage will bring a relief to which the pensioners will remain eternally grateful to you.
You may wish to recall that about six months ago, Federal pensioners under the Pension Transitional Arrangement Directorate(PTAD) raised concerns over your re-appointment of Dr Chioma Ejikeme as executive secretary.
The pensioners also demanded a prudent audit of PTAD’s activities under her leadership, including the recovery of 163 million naira in monthly running costs, looted pension funds by the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission ( ICPC), and the recovery of 9 billion naira in assets from Bots and insurance companies.
On this basis, Mr President sir, I call on you, as a compassionate father, to order the restoration to the normalcy of ASCL Pensioners’ monthly emoluments and urgently invite the National Salaries Incomes and Wages Commission to advise the Federal Government accordingly on the true interpretation of the pensioner’s emoluments.
In other words, Mr President, sir, call PTAD to order, declare an immediate probe into the situation, order a reversal of the status quo, and follow due process. Let the “poor breath!”
Bala is a concerned citizen and public affairs analyst, he writes from Abuja the Federal Capital Territory.