Connect with us

NEWS

FG Begins Disbursement Of N32,000 Pension Increase To Retirees

Published

on

The Pension Transitional Arrangement Directorate (PTAD) has confirmed that pensioners under the Defined Benefit Scheme (DBS) will start receiving their newly approved pension increments, beginning with the September 2025 payroll cycle.

The increments include a fixed payment of N32,000 as well as percentage increases of 10.66% and 12.95% for eligible categories. About 832,000 pensioners are expected to benefit under PTAD’s management.

PTAD disclosed the development in a statement posted on its official X handle, highlighting that the adjustments follow President Bola Ahmed Tinubu’s approval in August.

ALSO READ: Tension At NASS As Sen. Natasha Defies Suspension, Returns To Chamber

The President sanctioned a series of welfare measures for DBS retirees after PTAD’s Executive Secretary, Tolulope Odunaiya, formally requested emergency budgetary allocations to implement the reforms.

The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.”

The partial release of N820.188 billion by the Federal Ministry of Finance, from the total N845 billion emergency allocation, has enabled the immediate disbursement of the new payments.

“The Directorate further thanks President Bola Ahmed Tinubu for approving the emergency allocation,” the statement added.

PTAD also acknowledged the support of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation; key presidential aides; and parliamentary committees for their “timely interventions” and assistance.

Additionally, the statement expressed gratitude to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and planning.

“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement concluded.

The DBS caters to pensioners who retired before the 2004 introduction of the Contributory Pension Scheme, including staff from defunct public institutions, privatised agencies, and treasury-funded parastatals.

Over time, these pensioners have faced irregular payments, delayed harmonisation, and limited healthcare access, challenges which the new reforms aim to address.

16 Comments
0 0 votes
Article Rating
Subscribe
Notify of
16 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Iris3266
Iris3266
1 year ago
Victoria3779
Victoria3779
1 year ago
user-556054
user-556054
1 year ago

awesome

user-556092
user-556092
1 year ago

awesome

drover sointeru
11 months ago

It¦s actually a great and helpful piece of info. I¦m satisfied that you just shared this useful info with us. Please stay us up to date like this. Thank you for sharing.

gelatin trick
10 months ago

Thankyou for this post, I am a big big fan of this site would like to go on updated.

Gelatin Trick Recipe
10 months ago

I have been surfing online greater than three hours nowadays, but I never found any interesting article like yours. It¦s pretty price sufficient for me. In my opinion, if all website owners and bloggers made just right content material as you probably did, the internet will likely be much more helpful than ever before.

nagad88 live casino
10 months ago

Today, I went to the beach with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

bhai88
10 months ago

Hey there, You’ve done an incredible job. I’ll definitely digg it and personally recommend to my friends. I’m sure they’ll be benefited from this website.

fdertolmrtokev
9 months ago

Good day very nice blog!! Man .. Beautiful .. Amazing .. I will bookmark your web site and take the feeds additionallyKI’m happy to seek out a lot of useful information here in the submit, we want develop more strategies on this regard, thanks for sharing. . . . . .

brandspace.id
9 months ago

WONDERFUL Post.thanks for share..extra wait .. …

garudamuda.co.id
9 months ago

Hello just wanted to give you a quick heads up and let you know a few of the images aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same results.

Variety of THC and CBD products

I enjoy the efforts you have put in this, regards for all the great content.

ofcom
8 months ago

I went over this internet site and I conceive you have a lot of good info , bookmarked (:.

zabornatorilon
8 months ago

My brother suggested I might like this website. He was totally right. This post truly made my day. You can not imagine simply how much time I had spent for this information! Thanks!

NEWS

Showunmi Urges South-East to Judge Tinubu by Projects, Not Propaganda

Published

on

Otunba Segun Showunmi, a member of the Tinubu/Shettima Presidential Campaign Council (PCC) for 2027, has urged the South-East to assess President Bola Tinubu’s administration based on verifiable projects and measurable results rather than political propaganda.

Showunmi made the call in a statement posted on X on Saturday, urging Nigerians to evaluate the government’s performance based on infrastructure delivery, funds committed to projects and their impact on communities.

He said federal infrastructure initiatives targeting the South-East under Tinubu’s administration deserved serious scrutiny and factual assessment, adding that unfulfilled promises should continue to be pursued until the expected results were delivered.

SEE ALSO: 2027 Election: ‘Look Beyond the Noise’ – Showunmi Urges Nigerians to Give Tinubu More Time

“Our message is clear: We will not trade facts for propaganda, nor accountability for political loyalty!” he said.

The political figure challenged critics of the administration to provide evidence to support their claims, while urging those defending the government to present the projects and demonstrate their impact.

He also called on government officials to publish relevant figures, disclose project timelines and provide measurable results, insisting that no public official should be exempt from scrutiny.

According to Showunmi, the South-East deserves infrastructure that supports economic growth, including roads that connect markets, investments that create jobs and policies that expand economic opportunities.

He maintained that political representation must translate into tangible benefits for citizens, stressing that public office should deliver value to the people.

As part of his call to action, Showunmi urged Nigerians to scrutinise government records, challenge misinformation with evidence and demand the completion of outstanding projects.

He further called for public commitments to be matched by measurable delivery, arguing that leadership should be assessed by facts and results rather than political rhetoric.

Ending his statement with the slogan, “Asiwaju is a goal,” Showunmi called for accountability and greater inclusion of the South-East in Nigeria’s development.

Showunmi is associated with The Alternative and is a member of the Tinubu/Shettima Presidential Campaign Council for the 2027 elections.

 

Continue Reading

NEWS

Lagos: LASTMA Announces Traffic Restrictions Along Route to Toll Gate

Published

on

The Lagos State Traffic Management Authority (LASTMA) on Saturday announced a temporary road closure near Apostolic Church, inward Toll Gate, to allow engineers to install a beam on a height-restriction structure.

The agency said the installation was aimed at preventing high-rise trailers from accessing the newly constructed pedestrian bridge.

ALSO READ: LASTMA Alerts Motorists to Traffic Delays on Ogunnusi Road

“Currently, one lane has been occupied to facilitate the ongoing construction work, while the remaining two lanes are available to motorists,” LASTMA stated.

The agency advised road users to approach the affected corridor with caution and follow the directions of its personnel deployed to the area.

“Road users are advised to approach the affected corridor with caution and follow the directions of our personnel who are on ground to ensure the smooth flow of vehicular movement,” the statement added.

LASTMA also urged motorists to remain patient while the installation work continued.

“Motorists are encouraged to exercise patience while the installation work is in progress,” the agency stated.

Continue Reading

NEWS

‘Oseni Rufai Helped Me, Not NiDCOM’ — Ekene Chukwuma on Return to Nigeria

Published

on

Nigerian national Ekene Chukwuma has said he returned to Nigeria with assistance linked to Oseni Rufai rather than the Nigerians in Diaspora Commission (NiDCOM), while renewing allegations against the commission’s chairperson, Abike Dabiri-Erewa, over his travel documents.

Chukwuma made the remarks in an interview in which he explained how he returned to Nigeria after spending months at a deportation camp in India.

RELATED NEWS: Rufai Oseni Row: NiDCOM Breaks Silence on Nigerians Detained in India, Addresses Ekene’s Case

“My name is Kenneth Chukwu, from Enugu State,” he said, introducing himself before explaining how he returned to the country.

“I came back here with the assist of Osini Roufai, a good friend of him,” he said.

Chukwuma denied that NiDCOM facilitated his return, alleging that the commission had published false information about his case.

“NiDCOM made a lots of false, uh, news acquisition against me, which is still in Abike Dabiri handle in Twitter,” he said.

He also accused Dabiri-Erewa of sharing his expired international passport and a travel certificate he claimed was issued six months after he entered the detention camp.

“He also, she also posted my international passport that expired. He also, she also posted my TC that issued after 6 months,” he said.

His comments renew questions surrounding the handling of his case and the circumstances under which he obtained the documents needed to return to Nigeria.

Chukwuma’s detention in India previously sparked a public disagreement between ARISE News presenter Oseni Rufai and Dabiri-Erewa over NiDCOM’s response to reports of his situation.

Oseni raised concerns about Chukwuma’s detention and the commission’s handling of the case, while Dabiri-Erewa defended NiDCOM’s position and explained the process for submitting information to the commission.

NiDCOM subsequently issued its account of Chukwuma’s detention, stating that he had been arrested in India over a visa overstay and addressing the circumstances surrounding his travel documents.

The differing accounts prompted public debate about the commission’s response to Nigerians facing immigration difficulties abroad.

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

16
0
Would love your thoughts, please comment.x
()
x