PTAD Pays N3.82bn Arrears to 30,356 Pensioners

PTAD Pays N3.82bn Arrears to 30,356 Pensioners

The Pension Transitional Arrangement Directorate has paid 3.82 billion naira in pension arrears to 30,356 retirees under the Defined Benefit Scheme. The agency released the money after completing a nationwide audit of disputed calculations. Beneficiaries span parastatals, defunct agencies, and tertiary health and education departments. Senior citizens have waited years for the state to settle…

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Digital Infrastructure Drives Economic Growth, Oyedele Declares

Government Clears N39.6bn Arrears for 24,000 Retirees -Oyedele

The federal government has cleared N39.6 billion in outstanding pension arrears, settling long-standing liabilities for more than 24,000 public sector retirees. The massive payout directly targets former workers under the old Defined Benefit Scheme who have waited years for their money. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, confirmed the fiscal…

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