July 29, 2025
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FG Approves ₦45bn Pension Payment for Nigeria Airways Retirees After 22-Year Delay

FG Approves ₦45bn Pension Payment for Nigeria Airways Retirees After 22-Year Delay

After a 22-year delay, the Federal Government has approved the payment of ₦45 billion in pension arrears to over 6,000 retired employees of the defunct Nigeria Airways. The National Orientation Agency announced the approval on…

Jigawa Disburses N1.5bn Pension to 569 Retirees, Hailed for Leading Pension Model in Nigeri

Jigawa Disburses N1.5bn Pension to 569 Retirees, Hailed for Leading Pension Model in Nigeri

The Jigawa State Government has commenced the disbursement of over ₦1.5 billion in pension entitlements to 569 retirees, reinforcing its reputation as one of the leading states in pension administration in Nigeria. Speaking at a…

NUP Disowns Planned Protest Over N32,000 Pension Increase

NUP Disowns Planned Protest Over N32,000 Pension Increase

The Nigerian Union of Pensioners (NUP) has denied any involvement in the reported plans for a protest over the recently approved N32,000 pension increment and the N25,000 palliative payment for retirees. Speaking at a press…

Kano Disburses N6bn to 3,313 Retirees in Fourth Pension Payment Tranche

Kano Disburses N6bn to 3,313 Retirees in Fourth Pension Payment Tranche

Governor Abba Yusuf of Kano State has flagged off the payment of N6 billion in gratuities and death benefits to 3,313 retirees, marking the fourth phase of the state’s pension settlement scheme. The event took…

PTAD Requires N45.1bn to Sustain N32,000 Pension Increment Until December 2025

PTAD Requires N45.1bn to Sustain N32,000 Pension Increment Until December 2025

The Pension Transitional Arrangement Directorate (PTAD) says it requires an additional ₦45.1 billion to sustain the implementation of the recently approved ₦32,000 pension increment for federal retirees under the Defined Benefit Scheme (DBS) until December…

NPF Pensions Educates Officers, Promises Better Retirement Packages

NPF Pensions Educates Officers, Promises Better Retirement Packages

NPF Pensions Limited has reaffirmed its commitment to building trust and correcting misconceptions surrounding police officers’ retirement benefits through sustained stakeholder engagement. In a statement issued on Friday in Abuja, the company disclosed that it…

Retirement Relief: Over 233,000 Pensioners Get Pay Rise Under New PenCom Initiative

Retirement Relief: Over 233,000 Pensioners Get Pay Rise Under New PenCom Initiative

The National Pension Commission (PenCom) has launched Pension Boost 1.0, an initiative under the Contributory Pension Scheme (CPS) aimed at increasing monthly pension payouts to retirees. Announcing the development during PenCom’s second-quarter media briefing in…

Remittance: PenCom Declares Zero Tolerance for Defaults

Remittance: PenCom Declares Zero Tolerance for Defaults

The National Pension Commission (PenCom) has announced that organisations failing to meet their pension remittance obligations will be blacklisted from 30 November 2025. PenCom Director-General, Omolola Oloworaran, issued the warning during the commission’s second-quarter media…

MWUN Threatens Strike Over Melsmore’s Pension, Welfare Violations

MWUN Threatens Strike Over Melsmore’s Pension, Welfare Violations

The Maritime Workers Union of Nigeria (MWUN) has issued a 21-day ultimatum to Melsmore Nigeria Ltd, demanding full compliance with workers’ welfare and pension obligations. The ultimatum was announced on Wednesday, 18 June 2025, in…

Interswitch Launches PensionRemit to Simplify Compliance for Nigerian Employers

Interswitch Launches PensionRemit to Simplify Compliance for Nigerian Employers

Interswitch, a leading technology company, has launched Interswitch PensionRemit, a fully automated platform designed to simplify pension contribution remittances for Nigerian employers. In a statement on Monday, the company announced that the platform became operational…