FG Disburses N5.12bn Pension Arrears to 90,689 Retirees
[NigerianEye - Nigeria] - 11/08/2025
The Federal Government of Nigeria has released N5.12 billion to clear outstanding pension liabilities for 90,689 retirees under the Defined Benefit Scheme (DBS), managed by the Pension Transitional Arrangement Directorate (PTAD). This significant disbursement is part of the government’s ongoing efforts to address long-standing pension arrears and provide financial relief to retirees across various sectors.According to PTAD, the payment covers pensioners from multiple departments, with a breakdown showing that 12,773 Civil Service Pension Department retirees received N408.736 million for (…)
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