Pensioners under the Nigerian Union of Pensioners (NUP), Federal Civil Service chapter, have threatened to stage a protest on October 1 over the non-implementation of their ₦32,000 pension increase. The group said while the new ₦70,000 minimum wage has been implemented for workers, pensioners remain excluded from the adjustment. READ ALSO: Retired Military Pensioners Picket …
The Pension Transitional Arrangement Directorate (PTAD) has received Presidential approval to include key pension initiatives in the 2026 budget proposal, aiming to improve welfare for Defined Benefit Scheme (DBS) pensioners. The approved items include: Full implementation of the N32,000 pension increment Settlement of unfunded pension liabilities Proposed pension harmonisation policy Health insurance coverage for DBS …
By Esther Ososanya The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦5,119,328,000 in outstanding pension arrears to 90,689 pensioners across its four pension departments. The payment aligns with PTAD’s mandate to clear liabilities and ensure timely settlement of entitlements. A statement issued Monday by Olugbenga Ajayi, Head of PTAD’s Corporate Communications Unit, revealed the payment …
