PIC. 20. PENSIONERS OF THE NIGERIAN RAILWAY CORPORATION
GOING THROUGH VERIFICATION IN LAGOS ON MONDAY (03-09-012).
Pensioners are among the hardest hit by the high inflation rate in Nigeria as soaring prices of goods and services are eating into their fixed monthly pay.
Pensioners who spoke to BusinessDay said the value of their monthly pension incomes has gone down by over 400 percent in the last seven years
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Modestus Anaesoronye
Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd.
A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia.
Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.
