FG Releases ₦5.12bn to Clear Pension Arrears for Over 90,000 Retirees

Theinfostride | 13-08-2025 02:41am |

The Federal Government has announced the disbursement of ₦5.12 billion to settle pension arrears owed to 90,689 retirees under the Defined Benefit Scheme (DBS), marking a significant step towards fulfilling long-standing obligations to senior citizens who served the nation before the introduction of the Contributory Pension Scheme in 2004. The payment, coordinated by the Pension

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