Public, Private Pension Contributions Rise to N11tn – Report A report on 20 years of pension reforms in Nigeria obtained on Thursday showed that pension contributions from the public and private sectors rose to N11tn in the second quarter of 2024. The Chief Executive Officer of...

An Open Letter to President Tinubu on How Pensions Directorate (PTAD) Is Swindling ASCL Pensioners By Bala Idris When on 29th May 2023 against the advice of the Presidential Transition Council Inaugural Committee, you took to the podium at Eagle Square to audaciously declare an end...

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)...

Fed Govt Owes Over N90bn Pension Liability To Defunct Agencies   The federal government is currently indebted to the staff of defunct agencies to the tune of N90billion as pension arrears. This was disclosed by the Director, Customs, Immigration and Pensions Department of the Pension Transitional Arrangement...

PTAD Pays N7bn As Pension Gratuities In Two Years   The Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Dr Chioma Ejikeme, has said that over N7 billion has been paid as pension gratuities in the last two years. Dr Chioma revealed this at the weekend at the...

PTAD Gets £26.5m Repatriated Pension Funds From UK       The Pension Transitional Arrangement Directorate on Tuesday announced that it had received the sum of £26,505,862.97 repatriated from the United Kingdom. It said the pension funds had hitherto been under investment with Crown Agents Investment Management Limited in the...