(SINL NIGERIA) The Pension Transitional Arrangement Directorate (PTAD) has finalized the disbursement of Five Billion, One Hundred and Nineteen Million, Three Hundred and Twenty-Eight Thousand Naira Only (₦5,119,328,000) to 90,689 pensioners across the four pension departments.
The Directorate stated that the action is in keeping with its assurance to clear outstanding pension liabilities as funds are disbursed by the Federal Government.
PTAD, in a statement by Olugbenga Ajayi, Head, Corporate Communications also reaffirmed its continued dedication and unwavering commitment to pensioners welfare.
The breakdown of the payment is as shown:
Department Pensioners Months Paid Amount (₦)
CIPPD 8,626 1 month 276,032,000.00
PPD 9,681 2 months 619,584,000.00
CSPD 12,773 1 month 408,736,000.00
PAPD 59,609 2 months 3,814,976,000.00
Total 90,689 ₦5,119,328,000.00
“This payment reaffirms the administration’s ongoing commitment to ensuring that pensioners receive their due entitlements in line with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu” the statement concluded.
