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Month: November 2021

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  • PTAD set to verify 21,000 bonafide FG pensioners

PTAD set to verify 21,000 bonafide FG pensioners

The Pension Transitional Arrangement Directorate (PTAD) has started a new round of biometric verification procedures for roughly 21,000 Federal Government pensioners who were not confirmed during a previous exercise in…

Rivers, Kwara, Plateau and 4 other States to pass the bill on Contributory Pension Scheme (CPS)

According to the National Economy newspaper, seven states of the federation are expected to pass a bill on the new pension scheme in their state legislatures. The Pension Reforms Act…

Investment in FG securities by PFAs increases to N8.29 trillion as at end of August 2021 – Report

Investigations have revealed that the Federal Government has borrowed a massive N8.29 trillion from Pension Fund Assets, which stood at N12.9 trillion at the end of August 2021. Despite the…

PenCom releases 2020 Annual Report

The National Pension Commission (PenCom) has released the 2020 Annual Report of the Contributory Pension Industry. You can download the full report here

Yobe approves N422m for pensions and gratuities

Yobe State Governor Mai Mala Buni has approved N422 million for the payment of 359 ex-workers pensions and gratuity. The payment is claimed to be for batch 44, according to…

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