The National Pension Commission (PenCom) has assured that all outstanding pension arrears and gratuities owed to retirees will be cleared by December 2025, once the ₦758 billion Federal Government bond approved by President Bola Tinubu…
The National Pension Commission (PenCom) has announced plans to clear all outstanding pension liabilities under the Contributory Pension Scheme (CPS) before December 2025. PenCom Director-General, Ms. Omolola Oloworaran, disclosed this on Wednesday during the opening…
Adamawa State Governor, Ahmadu Umaru Fintiri, on Wednesday approved the release of ₦8 billion to settle long-standing pension arrears owed to retirees in the state and across its 21 local government areas. The governor said…
Governor Abba Kabir Yusuf of Kano State has pledged to clear the ₦48 billion backlog of gratuities and death benefits owed retirees before the end of his first term in 2027. Yusuf made the promise…
Delta State Governor, Sheriff Oborevwori, has approved the immediate release of ₦10 billion to settle outstanding pension arrears owed to retirees in the state. The governor made the announcement on Tuesday in Asaba during a…
The Federal Government has paid ₦5.12 billion in pension arrears to 90,689 retirees under the Defined Benefit Scheme (DBS), according to the Pension Transitional Arrangement Directorate (PTAD). Mr. Olugbenga Ajayi, PTAD’s Head of Corporate Communications,…
Governor Francis Nwifuru of Ebonyi State has inaugurated a six-member committee to verify and commence pension payments to Local Government retirees, covering entitlements from 1996 to the present. The governor, speaking in Abakaliki, emphasised the…
The Nigerian Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) has praised the Federal Government for approving ₦758 billion to clear long-standing pension arrears owed to retirees under the Contributory Pension Scheme (CPS). In a…
The Senate has approved President Bola Tinubu’s $21.5 billion external borrowing plan for the 2025–2026 fiscal period, along with a ₦757 billion bond to clear pension arrears under the Contributory Pension Scheme (CPS). The decision…
