• About
  • Advertise
  • Privacy & Policy
  • Contact
Brics+ News
Advertisement
  • Home
  • News
    • All
    • Art & Culture
    • Education
    • ESG
    • Healthcare
    • Sport
    • Tourism
    • Youth

    India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

    India FDA Flavoured Hookah Raid Seizes 31 Crore Stock at Pune Facility

    Maharashtra waives stamp duty on crop loans up to Rs 2 lakh, giving farmers relief

    VinFast India sales lift Vietnamese maker to fourth in December EV rankings

    Satna Traffic Police Crush Modified Silencers in India to Curb Noise Pollution

    Zomato Sees High Turnover Among Delivery Staff in India

  • Commodities

    China and Russia Advance Greenland Geopolitics as US Renewed Interest Raises Stakes

    India Sees Gold and Silver Prices Slide as 24K Gold Drops ₹4,000 per 10g

    China Rule Sends Silver Prices Soaring

    Russia Marks 100 Years Since Semyon Urosov’s Birth

  • Finance & Markets

    India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

    Maharashtra waives stamp duty on crop loans up to Rs 2 lakh, giving farmers relief

    VinFast India sales lift Vietnamese maker to fourth in December EV rankings

    Zomato Sees High Turnover Among Delivery Staff in India

  • Geopolitics

    Giriraj Singh Defends Ji Ram Ji Scheme in Bihar

    Belarus Appellate Economic Court Begins Work to Strengthen Economic Dispute Resolution

    India Mission Mahabodhi Mahavihara Rally in Bengaluru Pushes for Buddhist Control

    Priyanka Gandhi Leads Assam Screening Committee Ahead of State Elections

  • Technology

    India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

    VinFast India sales lift Vietnamese maker to fourth in December EV rankings

    Zomato Sees High Turnover Among Delivery Staff in India

    India Launches Vande Bharat Sleeper Train with Coaches Priced at Rs 8–8.5 Crore

  • Opinion

    Mohan Bhagwat Urges Families to Combat Love Jihad in India

    India’s Bhima Koregaon Remains a Beacon of Dalit Resistance

    Umno Youth Malaysia Pushes to Leave Government as Party Seeks PAS Alliance

    Indian Writer Reflects on Writer-Editor Relationship and the Art of Editing

No Result
View All Result
  • Home
  • News
    • All
    • Art & Culture
    • Education
    • ESG
    • Healthcare
    • Sport
    • Tourism
    • Youth

    India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

    India FDA Flavoured Hookah Raid Seizes 31 Crore Stock at Pune Facility

    Maharashtra waives stamp duty on crop loans up to Rs 2 lakh, giving farmers relief

    VinFast India sales lift Vietnamese maker to fourth in December EV rankings

    Satna Traffic Police Crush Modified Silencers in India to Curb Noise Pollution

    Zomato Sees High Turnover Among Delivery Staff in India

  • Commodities

    China and Russia Advance Greenland Geopolitics as US Renewed Interest Raises Stakes

    India Sees Gold and Silver Prices Slide as 24K Gold Drops ₹4,000 per 10g

    China Rule Sends Silver Prices Soaring

    Russia Marks 100 Years Since Semyon Urosov’s Birth

  • Finance & Markets

    India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

    Maharashtra waives stamp duty on crop loans up to Rs 2 lakh, giving farmers relief

    VinFast India sales lift Vietnamese maker to fourth in December EV rankings

    Zomato Sees High Turnover Among Delivery Staff in India

  • Geopolitics

    Giriraj Singh Defends Ji Ram Ji Scheme in Bihar

    Belarus Appellate Economic Court Begins Work to Strengthen Economic Dispute Resolution

    India Mission Mahabodhi Mahavihara Rally in Bengaluru Pushes for Buddhist Control

    Priyanka Gandhi Leads Assam Screening Committee Ahead of State Elections

  • Technology

    India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

    VinFast India sales lift Vietnamese maker to fourth in December EV rankings

    Zomato Sees High Turnover Among Delivery Staff in India

    India Launches Vande Bharat Sleeper Train with Coaches Priced at Rs 8–8.5 Crore

  • Opinion

    Mohan Bhagwat Urges Families to Combat Love Jihad in India

    India’s Bhima Koregaon Remains a Beacon of Dalit Resistance

    Umno Youth Malaysia Pushes to Leave Government as Party Seeks PAS Alliance

    Indian Writer Reflects on Writer-Editor Relationship and the Art of Editing

No Result
View All Result
Brics+ News
No Result
View All Result
Home Finance & Markets

Nigeria PTAD clears N55.9bn and settles pension arrears

Staff Writer by Staff Writer
01/03/2026
in Finance & Markets, Geopolitics
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The Pension Transitional Arrangement Directorate (PTAD) has disbursed a total of N55.9 billion to pensioners and next-of-kin under the Defined Benefits Scheme in December 2025, the agency said in a statement on Friday.

Nigeria pension payments as PTAD clears N55.9bn in December

According to Olugbenga Ajayi, Head of the Corporate Communications Unit, N13.41 billion of the sum was paid as monthly pensions to beneficiaries across all departments, including those in the diaspora. The remaining N42.5 billion was allocated to clear outstanding arrears owed to retirees and eligible next-of-kin.

PTAD said the arrears payment addressed obligations arising from the earlier N32,000 pension increment and the 10.66 per cent and 12.95 per cent adjustments, as well as other accumulated pension arrears, gratuities and death benefits.

The directorate provided a departmental breakdown of the arrears payments. The Civil Service Pension Department received the largest allocation, with N16.36 billion paid to 71,643 pensioners. The Defunct and Transferred Agencies Department was paid N15.07 billion covering 24,995 pensioners.

Other payments included N7.81 billion to the Parastatals Pension Department for 25,718 pensioners and N2.37 billion to the Tertiary Education and Health Department for 28,245 pensioners. The Customs, Immigration and Prisons Pension Department recorded N604.33 million to 8,606 pensioners, while the Police Pension Department received N5.88 million for five pensioners. In addition, N289.11 million was paid as gratuity and death benefits to eligible next-of-kin.

PTAD noted that the December disbursement fully cleared arrears arising from the N32,000 pension increment across all pension departments except for one outstanding month each for pensioners in the Parastatals Pension Department and the Tertiary Education and Health Department. The agency said it would address the remaining amounts.

Commenting on the payments, PTAD Executive Secretary Tolulope Odunaiya said the disbursements reaffirm the Federal Government’s commitment to the welfare of senior citizens. She linked the payments to President Bola Tinubu’s Renewed Hope Agenda and said the directorate would continue measures to improve the wellbeing of Defined Benefits Scheme pensioners.

PTAD oversees pensions for retirees covered by the pre-2004 Defined Benefits Scheme, primarily former federal government workers who retired before Nigeria moved to a contributory pension system. The directorate’s latest payments aim to reduce long-standing liabilities and deliver delayed entitlements to a large cohort of retired public servants.

Analysts said the clearance of several months of arrears is likely to provide immediate relief to many pensioners who rely on these payments for daily living expenses. The payments also reduce a source of political pressure on the government as it balances social obligations with fiscal constraints.

PTAD has assured beneficiaries that it will finalise the residual arrears and continue efforts to streamline pension administration under the Defined Benefits Scheme.


Key Takeaways:

  • Nigeria pension payments of N55.9bn were disbursed in December 2025, covering monthly pensions and arrears.
  • Total included N13.41bn in monthly pensions and N42.5bn to clear accumulated arrears, gratuities and death benefits.
  • Most departments have had arrears from the N32,000 increase fully cleared; only one month remains for two departments.
  • The payments signal government commitment to senior citizens under the Defined Benefits Scheme.
Previous Post

Gombe journalists crash sees state give N14m to families

Next Post

Nigeria Reps Minority Sets Up Seven-Member Tax Reform Investigation

Staff Writer

Staff Writer

Next Post

Nigeria Reps Minority Sets Up Seven-Member Tax Reform Investigation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

Thailand jobs to thrive in 2026 as AI reshapes the labour market

01/01/2026

UAE minimum wage 2026 Emirati pay set at AED6,000

12/31/2025

Saudi Arabia Aims to Plant 10 Billion Trees to Restore Arid Land

12/31/2025

Kazakhstan Raises Document Fees from 2026 After MRP Increase

01/01/2026

Drama Band Celebrates 15 Years with Special Anniversary Concert

0

Ryan Bakery Embraces Bigger Projects After Viral Award

0

Saha Champ film breakthrough leads to new roles and wider acclaim

0

Jaa Suzuran Juggles Film Role While Driving Fury Redemption Fight Night

0

India FDA Flavoured Hookah Raid Seizes 31 Crore Stock at Pune Facility

01/04/2026

India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

01/04/2026

Maharashtra waives stamp duty on crop loans up to Rs 2 lakh, giving farmers relief

01/04/2026

VinFast India sales lift Vietnamese maker to fourth in December EV rankings

01/04/2026

Recent News

India FDA Flavoured Hookah Raid Seizes 31 Crore Stock at Pune Facility

01/04/2026

India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

01/04/2026

Maharashtra waives stamp duty on crop loans up to Rs 2 lakh, giving farmers relief

01/04/2026

VinFast India sales lift Vietnamese maker to fourth in December EV rankings

01/04/2026
Brics+ News

Dedicated to a balanced global perspective, we highlight the voices and markets of the Global South. Join us as we track the rise of the BRICS+ nations and their impact on the international stage

Follow Us

Browse by Category

  • Art & Culture
  • Commodities
  • Education
  • ESG
  • Finance & Markets
  • Geopolitics
  • Healthcare
  • News
  • Opinion
  • Sport
  • Technology
  • Tourism
  • Youth

Recent News

India FDA Flavoured Hookah Raid Seizes 31 Crore Stock at Pune Facility

01/04/2026

India’s Clicks Launches Communicator with BlackBerry-Style Physical Keyboard

01/04/2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2026 BRICS+ News | All Rights Reserved

No Result
View All Result

Copyright © 2026 BRICS+ News | All Rights Reserved