Lagos to disburse N3.1bn to 1,000 retirees

February 10, 2024 Suleiman Idris 0

Lagos state governor, Babajide Sanwo-Olu, Friday, disclosed the state is set to disburse N3.1billion to about 1,000 retirees who have served the state tirelessly under the Contributory Pension Scheme. The governor made this known via his X handle, adding that the sacrifices of the retirees “have not gone unnoticed.” He wrote, “I’m happy to share some news with you that Read More

FG announces N25,000 grant for vulnerable pensioners

October 5, 2023 Admin III 0

The federal government has said it will pay a special grant of N25,000 each to vulnerable pensioners. The payment will be under its Conditional Cash Transfer (CCT) Scheme. Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, announced this when she met with the leadership of the Nigerian Labour Congress (NLC) led by its President, Joe Ajaero, in Abuja. “President Read More

NHIA plans health insurance cover for pensioners

March 31, 2023 Admin III 0

The National Health Insurance Authority (NHIA), has put in motion, the process leading up to extending health insurance to pensioners. Director General of National Health Insurance Authority (NHIA), Prof Mohammed Sambo, gave this indication during a courtesy visit by the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD) in Abuja. Sambo said extending health insurance to pensioners was consistent Read More

PTAD pays N12.39bn pension arrears to 11,145 Nitel/Mtel pensioners 

December 20, 2022 Moses John 0

 The Pension Transitional Arrangement Directorate (PTAD) in a latest information said it has paid a total of N12,393,567,595.80 (Twelve Billion Three Hundred and Ninety-Three Million Five Hundred and Sixty-Seven Thousand Five Hundred and Ninty-Five Naira Eighty Kobo only) representing 15-months settlement of inherited unfunded pension liabilities to 11,145 Nitel/Mtel pensioners.  A statement by the agency’head of corporate communication, Okugbenga Ajayi,  Read More