On Thursday 28, March 2019, president Mohammadu Buhari officially launched Nigeria’s Micro pension plan.
President Buhari in his speech said, the initiative was designed specifically to capture those citizens that are not fully captured in the formal corporate sector.
He also said today millions of traders, farmers, and other entrepreneurs in various cottage industries are completely excluded from different pension programs in existence.
And that the micro pension plan is the natural step, the program guarantees that when these hardworking citizens retire they can still live in in dignity and comfort.
He announced it on social Media, he said “Today in Abuja I formally launched Nigeria’s micro pension plan. I had the honour of overseeing the registration of Mr. Sagir Shawai, a Motor Tricycle operator. The plan was designed for self-employed people like Sagir; we are determined to build a Nigeria that works for everyone.”