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FG disburses N5.12 billion arrears to 90,689 pensioners

by Umoru Faruk Salifu
August 11, 2025
in Finance
0
Retirees groan, decry late payment of contributory pension
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The Federal Government has disbursed N5.12 billion pension arrears to 90,689 Defined Benefit Scheme (DBS) pensioners under the Pension Transitional Arrangement Directorate (PTAD).

PTAD spokesperson, Olugbenga Ajayi, stated this on Monday, adding that the directorate had finalised the disbursement of the money.

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Ajayi said the 90,689 pensioners across the four pension departments, reaffirms its dedication and commitment to pensioners welfare.

The Nigeria Customs Service, the Nigeria Immigration Service and Prisons Pension Department (CIPPD) pensioners are 8,626, received N276,032, for one month arrears, the Police, Pension Department (PPD) pensioners are 9,681, received N619,584, for two months as arrears.

The Civil Service Pension Department (CSPD) pensioners are 12,773, received N408,736, for one month arrears, and the Parastatals Pension Department (PAPD) pensioners are 59,609, received N3,814,976, for two months arrears.

He said the payment reaffirms the administration’s commitment to ensuring that pensioners received their due entitlements in line with the Renewed Hope Agenda of President Bola Tinubu.

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