Pensioners – City Business News

August 12, 2025 No Responses

FG Disburses ₦5.12b To 90,689 Pensioners

The Federal Government has disbursed ₦5.12 billion in pension arrears to 90,689 retirees under the defined benefit scheme (DBS). The Pension Transitional Arrangement Directorate (PTAD) announced this on Monday, stating that it had finalised the disbursement of the funds to...

December 25, 2024 No Responses

Fubara Approves ₦100,000 Christmas Bonus For Rivers Workers, Pensioners

Rivers State Governor, Siminalayi Fubara, has approved the sum of ₦100,000 for civil servants, public servants, and pensioners in the state. The approval was communicated in a statement that was signed and released by the States Head of Service, George...

February 10, 2024 No Responses

Lagos To Disburse N3.1b To 1,000 Retirees

Lagos State Governor, Babajide Sanwo-Olu, has announced the state government plans to disburse N3.1 billion to over 1,000 retirees in the state in the coming week. Sanwo-Olu made this announcement on Friday via his X (formerly Twitter) account...

January 9, 2023 No Responses

Edo Earmarks N15b For Pension In 2023

The Edo State Commissioner for Communication and Orientation, Chris Nehikare has described the recent protest by pensioners over payment of gratuities to retirees as politically motivated. The commissioner stated this while addressing Journalists in Beni...

October 31, 2021 No Responses

PenCom Extends 2021 Online Verification, Enrollment Exercise

The National Pension Commission (PenCom) has extended the online verification and enrollment exercise for 2021 retirees, and prospective retirees of the Federal Government Treasury Funded Ministries, Departments and Agencies (MDAs). The Head, Corpo...

October 3, 2021 No Responses

Pensioners Task FG On Insecurity

The Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) has urged the Federal and state governments to urgently tackle insecurity bedeviling the nation. The Pensioners’ union in a statement issued on Saturday expressed ...

July 27, 2021 No Responses

Pension Fund Hits N12.66tri

The National Pension Commision (PenCom), on Monday disclosed that pension fund assets had risen to N12.66 trillion as at June 30, 2021, with contributors under the Contributory Pension Scheme (CPS) hitting the 9.38 million mark. Speaking at the 2021 Jour...

August 30, 2019 No Responses

‘NPA Not Owing Pensioners’

The Nigerian Ports Authority (NPA) has described as misleading and diversionary the reports that it refused to pay outstanding benefits to workers disengaged in May 2008. In a statement issued on Thursday by the assistant general manager, Corporate and S...