Nigerian pensioners, represented by the Nigeria Union of Pensioners (NUP), have voiced their anger and frustration over the recent fuel price hike, stating that it has caused significant hardship for them and other vulnerable citizens. 

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn   The Net Asset Value, NAV, of Nigeria’s pension money in the domestic and foreign stock market rose to N1.54 trillion as at the end September 2023, 9M’23, indicating a sharp increase of about...

Pensioners Receive N17bn Unfunded Liabilities 30 Years After   The federal government has paid over N17 billion unfunded liabilities to pensioners after 30 years. The payment is a significant part of the outstanding pension liabilities owed to pensioners of defunct agencies on Pension Transitional Arrangement Directorate (PTAD)...

Directorate Pays N695m To 418 Pensioners In Three Months   The Pension Transitional Arrangement Directorate has said it paid a total of N694.9m to 418 pensioners between May 5 and August 13 through its Parastatals Pension Department. A director at PTAD, Yusuf Umar, disclosed this in Abuja...

Lagos Pays N1.49bn To 336 Pensioners       The Director-General (DG), Lagos State Pension Commission (LASPEC), Mr. Babalola Obilana has said the government has paid 336 pensioners N1.49 billion as benefits. He restated the government’s commitment to the speedy resolution of pension issues, pledging to ensure the prompt...

Fed Govt Clears N6.2bn Arrears Of 16,210 Pensioners       The Pension Transitional Arrangement Directorate in charge of the administration of pensions of federal retirees under the Defined Benefits Scheme said it paid N6.2bn arrears to 16,210 pensioners. It disclosed this in a statement on Tuesday titled ‘PTAD...