Gov. Uba Sani of Kaduna State has approved the immediate release of N3.8 billion to the State Pension Bureau for the payment of gratuities, death benefits, and accrued pension rights under the contributory pension scheme. This was disclosed in a…
In an effort to deliver on his campaign promises, the Executive Governor of Kano State, His Excellency Alhaji Abba Kabir Yusuf has allocated N5 billion for the disbursement of a second installment of pension gratuity to retirees in the state…
…As FG begins toll operations on Abuja-Akwanga-Lafia-Makurdi Road By Seun Ibiyemi and Jabiru Hassan The Federal Executive Council (FEC) has approved the issuance of a N758 billion bond to clear outstanding pension liabilities for all categories of pensioners, offering long-awaited…
The Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Tolulope Odunaiya, has reiterated the Directorate’s commitment to implementing the approved N32,000 pension increment for pensioners under the Defined Benefit Scheme (DBS). This is contained in a statement by PTAD Head, Corporate…
By Umar Akilu Majeri The Jigawa State Government has approved the sum of N6.5 billion for various projects, including security, pension, and electricity. The state council approved N413.2 million for the procurement of vehicles to strengthen the fight against crime…
By Seun Ibiyemi The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has announced that pension fund assets in Nigeria reached N21.92 trillion as of October 2024, although challenges continue to affect the industry. Oloworaran made this announcement on…
…As total assets hit N21.9trn Nigeria’s pension assets grew by N541 billion month-on-month reaching N21.92 trillion at the end of October 2024. This growth highlights the continued resilience and stability of the nation’s pension sector, underscoring its importance as a…
…As group charges Adeleke to ignore distractions, remain focused on democratic delivery By Ismail Azeez, Osogbo The All Progressives Congress (APC) in Osun State has replied the Governor of Osun state, Senator Ademola Adeleke on his comments on the payment…
The Lagos State Government under Gov. Babajide Sanwo-Olu has cleared N68.5 billion pension arrears for retirees in the state public servant. The Head of Service Lagos State,(HoS) Mr Bode Agoro, disclosed this on Tuesday in Lagos. Agoro spoke at a…
Rivers State Governor, Siminalayi Fubara, has announced that the state government will set aside N2 billion monthly to offset the backlog of pension and gratuity to retired civil servants. This move is aimed at clearing the outstanding payments and ensuring…
