Tuesday, January 6, 2026
33 C
Lagos

PTAD Pays N846.1m Accrued Arrears, Gratuity to 2,730 Pensioners

The Pension Transitional Arrangement Directorate (PTAD) has paid the sum of N846,146,987.71(Eight Hundred and Forty-Six Million, One Hundred and Forty-Six Thousand, Nine Hindered and Eighty-Seven Naira, Seventy-One Kobo) to 2,730 pensioners of the Civil service Pension Department of an accrued arrears and gratuity owned the pensioners.

The arrears paid to these retirees ranged from previously verified pensioners not on the payroll, those who did not receive their gratuity on retirement and failed payments on the GIFMIS platform.

In his remark, the Ag. Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Mr. Sulayman Shelleng, said the payment is going to be continued until all accrued arrears are paid. He assured other pensioners who are yet to receive their arrears to be calm as the Directorate is working tirelessly to ensure that all outstanding arrears of pensions and gratuity are paid soon.

He further assured DBS pensioners of the Directorate’s continued strive to ensure that their welfare is promoted.

spot_img
spot_img
spot_img

Hot this week

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Leadway Assurance Commences Comprehensive Verification Exercise for African Alliance Annuitants

Leadway Assurance Company Limited has officially commenced a comprehensive...

Rand Merchant Bank Nigeria Successfully Meets CBN Recapitalisation Requirement

In line with the Central Bank of Nigeria’s Banking...

Stanbic IBTC Bank Nigeria PMI: Business Activities Expanded Further at End of 2025

The Nigerian private sector remained in growth territory at...

CBN: Nigeria’s Economic Activity Strengthened in Dec with 57.6 Points in PMI

The Central Bank of Nigeria (CBN) has reported a...

Topics

Malta to Chair 2016 Commonwealth ICT Ministers Forum

Engr. Shola Taylor, Secretary-General of the Commonwealth Telecommunications Organisation...

Stanbic IBTC Bank PMI: Business Activity Falls for First Time in 8 Months

The Nigerian private sector moved back into contraction territory...

Transcorp Hotels’ Expansion Plans Boost Investor Confidence, Reports N42bn Revenue in 2023

  L-R:  Non-Executive Director, Peter Elumelu; Non-Executive Director, Dr Owen...

NIA Chairman, Efekoha, Lists Path to Insurance Sector Growth

Mr. Eddie Efekoha, Chairman, Nigerian Insurers Association says...

NCC: Subscriber Base Tops 173.7m as Teledensity Hits 91%

The Nigerian Communications Commission (NCC) has clarified that it...

NCC Ready for 70% Broadband Penetration in Nigeria – Danbatta

Professor Umar Garba Danbatta, the Executive Vice-Chairman/CEO of the...

NMRC: Affordable Housing Expands Economic Growth

As the continent’s largest economy, international development experts, innovators...

QUESTIONS TO ASK BEFORE BUYING OFF-PLAN PROPERTY

BY DENNIS ISONG Purchasing a property off-plan is a good...
spot_img

Related Articles

Popular Categories

spot_imgspot_img