Inside Nigeria’s pension system scandal

The life of Nigerian retirees is often marked by misery and despair, despite federal government efforts to improve the pension system. The transition to the Contributory Pension Scheme in 2004 has not been fully adhered to by many state governments, with only 11 states implementing the scheme. Retirees sometimes receive as little as 3,000 Naira per month, and over 49% of public servants die shortly after retirement due to economic hardships and lack of adequate support.