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FG implements pension increment as Nigerian retirees receives #3.9bn

FG implements pension increment as Nigerian retirees receives #3.9bn

Azeez Ajibola Afolabi

The Federal Government, through the Pension Transitional Arrangement Directorate (PTAD), has disbursed ₦3.9 billion in arrears to 91,146 eligible pensioners under the Defined Benefit Scheme (DBS).

The payment is part of the ₦32,000 pension increment approved by President Bola Ahmed Tinubu for thousands of retired workers across the country.

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