Tinubu Government Disburses ₦3.9bn Pension Arrears to Retirees
The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦3.9 billion in pension arrears to 91,146 eligible retirees under the defined benefit scheme. This payment is part of a pension increase package approved by President Bola Tinubu, including a fixed ₦32,000 increase and additional percentage increments.
The PTAD's head of corporate communications, Olugbenga Ajayi, highlighted the government's commitment to settling outstanding pension obligations and improving retirees' welfare. The PTAD is set to implement the new pension increase from September 2025, benefiting over 832,000 pensioners.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
Read full article
Continue on Politics Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
FG Approves N32,000 Pension Increment for Retirees, Immediate Payment
PTAD Pays ₦3.9bn in Arrears to Over 91,000 Retired Federal Workers
Tinubu Announces N330bn Disbursement to 8 Million Poor Households
Bola Tinubu Appoints Abubakar Idri Adamu as Chairman of Military Pensions Board
Kaduna Governor Approves ₦2.3 Billion Pension Payment for 661 Retirees
President Tinubu Takes Action on ₦4 Trillion Debt Owed to Federal Contractors
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
