FG clears N3.9bn pension backlog

By Victor Ahiuma-Young In a major relief for Nigerian retirees, the Federal government through the Pension Transitional Arrangement Directorate, PTAD, has disbursed N3.9 billion in arrears to 91,146 eligible pensioners under the Defined Benefit Scheme, DBS. The payment was part of the N32,000 pension increment approved by President Bola Ahmed Tinubu, for thousands of retired

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