Old Age Insurance as a Socioethical Responsibility: Nigeria in Transition

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The march toward modernisation has not only overhauled the traditional care system for the aged, it has equally introduced new elements which tend to marginalise the fast-growing ageing population. Both the Christian Churches and subsequent governments (federal, state and local) have offered some solutions but unfortunately only very few aged benefit from them. Besides, some of these solutions are either short-termed or they are Euro-American oriented. A-three-tier-contributory old age insurance for all in non-pensionable employment appears to be the last and the only lasting option. An integrated assistance from the governments (all levels), community, local churches and the family serves as a veritable supplement to the benefits of the insurance.

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Peter Lang GmbH
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