Fed Govt Plans N854.8bn For Pensions, Gratuities In 2023   The Federal Government plans to spend N854.8bn on pensions, gratuities and retirees’ benefits in the 2023 budget. President Muhammadu Buhari disclosed this while presenting the 2023 appropriation bill to a joint session of the National Assembly in...

N1.24bn approved for gratuities and death benefits by El-Rufai Kaduna state governor Nasir El-Rufai has approved N1.24 billion for the payment of gratuities and death benefits to state workers and their dependents. Currently, all state and local government retirees and the families of deceased beneficiaries that...

Federal Workers’ Pensions, Gratuities Gulp N208bn   The Federal Government has spent N208.21bn on payment of pension and gratuity arrears in seven months, a new Central Bank of Nigeria report has revealed. The CBN’s statistical record on the Federal Government’s monthly finances showed that the amount was...

Kwara Govt Spends N20bn On Pensions, Gratuities In Two Years       Kwara State Government has spent close to N20 billion on payment of pension and gratuities in the last two years. The Special Adviser on Strategy to Gov. AbdulRahaman AbdulRazaq, Sa’adu Salahu, disclosed this on Sunday...

Fed Govt Spent N292.38bn On Pension, Gratuities In 2019 – CBN     The Federal Government spent a total of N292.38bn on pension and gratuities of its retirees in the 2019 financial year. The Central Bank of Nigeria disclosed this in its report on ‘Monthly FGN finances’, which...