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| Group Managing Director, United Bank for Africa Plc, Mr. Phillips Oduoza |
Pensioners with the United Bank for
Africa besieged the bank’s head office in Marina, Lagos, on Wednesday to
protest against what they tagged “a paltry” monthly pension they are
being paid by the bank.
The protesters, under the aegis of
Nigeria Union of Pensioners, UBA Plc Unit, said the bank currently paid
them N10,000 across-the-board.
They comprised ex-employees of the bank
from across the country, who retired as senior managers, principal
managers, supervisors, and sub-managers, among others.
They said they had spent between 12 and 22 years at the organisation before they retired.
Our correspondent gathered that the
pensioners were receiving about N4,600 five years ago before the bank
increased it to N10,000.
It was learnt that the bank had decided
to increase the sum by N2,000 last month after a meeting with the
executive; but the offer was rejected.
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