PenCom announces enhanced pension package for police personnel

The Police Pension Fund (PenCom) announced an upgraded pension package for Nigerian police officers, increasing the monthly pension from the current ₦30,000–₦50,000 to a minimum of ₦70,000 and adding a 15 % cost‑of‑living adjustment (COLA) each year. The new scheme also introduces a lump‑sum gratuity for retirees, improves medical benefits, and expands the pensionable service ceiling from 35 to 40 years, aiming to boost welfare and retention within the police force. Views Nigeria