The Ogun State Government on Thursday has disbursed N100 million in retirement benefits to 86 retirees of the Ilushin Estate Limited in Ogun Waterside Local Government area of the state. The Commissioner for Agriculture and Food Security, Bolu Owotomo, presented…
The Nigeria Union of Pensioners (NUP), on Sunday, says some retirees are still receiving N500 as monthly pension in the country. Alhassan Musa, the Secretary of the union in Kaduna State, in an interviews newsmen, described the condition of the…
…Governor launches special health insurance scheme for all Lagos retirees By Esther Agbo Lagos State announced that it has achieved a significant milestone in pension administration by clearing a longstanding backlog, disbursing a total of N4,461,659,536.82 to 2,000 retirees. This…
By Esther Agbo Retirees from the now-defunct Nigeria Airways have formally requested President Bola Tinubu to reinstate them into the Defined Benefits Scheme (DBS), aligning their pension benefits with those of other sectors. In a letter endorsed by Stephen Onuh…
By Ismail Azeez, Osogbo Osun State Governor, Ademola Adeleke has approved another N257,247,780.21 for the retirees in the state. This was contained in a statement signed on Monday by the Permanent Secretary, Local Government Staff Pension Bureau, Mr Ibrahim Akibu.…
Gov. Ademola Adeleke of Osun, on Thursday, presented the second tranche of bonds worth N2,925,332,835 to retirees from the state civil service. Speaking at an awards ceremony in his honour organised by the Osun Labour Joint Negotiating Council (OSLJNC) in…
The Lagos State government on Friday said it had paid not less than N125 billion to 29,518 retirees since the inception of the Contributory Pension Scheme (CPS) in 2004. Gov. Babajide Sanwo-Olu of Lagos State, represented by Mrs. Folashade Jaji,…
The Jigawa Government on Tuesday disbursed over N1 billion to 474 retirees and beneficiaries from the families of those who died on active service for the month of October 2022. Alhaji Kamilu Aliyu, the Executive Secretary, Jigawa State and Local…
The Federal Government is planning to source $1.5bn (N620bn) loan from pension funds to support its proposed N7.73trn investment in transport infrastructure over the next five years. Specifically, the government is seeking to obtain the facility to finance transport sector…
