Pension

No attempt to illegally use pension funds for infrastructure development – FG

Minister of Finance Wale Edun has refuted claims that the Federal Government planned to use the N20 trillion pension fund for infrastructure. Edun...

Premium Pension Ltd., industry leader, records impressive N1.134trn revenue growth in 2023

A leading pension fund administrator in Nigeria, Premium Pension Limited, has said it recorded substantial asset growth in 2023, with N1.134 trillion in...

Federal retirees drag FG to Court over disparity in Pension Policy

Retirees from federal ministries, departments and agencies (MDA) have gone to court to seek a redress to what they called discrimination in the...

FG pays N610bn to retirees from January 2015 to December 2021, says PTAD boss, Ejikeme

About N610 billion has been paid as monthly pensions retirees from January 2015 to December 2021, the Executive Secretary of Pension Transitional Arrangements...

Governors not pensionable, such earner-governors are cheats, says Imo Gov. Uzodinma

  history, my conscience ‘ll not forgive me if I did not repeal Governors’ Pension Law disqualifies himself from pension after office  ...

Court orders FG to recover pensions collected by former governors serving as ministers, NASS members

  The Federal High Court sitting in Lagos in a landmark judgment, has ordered the federal government to recover pensions collected by former...

Zamfara: No more pension for ex-governors, others, as assembly nullifies law granting payment

  The Zamfara State House of Assembly, on Tuesday repealed the law which enabled the payment of pension and other allowances to former governors...

Maina pleads innocence, remanded  

  Abdulrasheed Maina, former chairman of Pension Reform Task Team, has been remanded in Abuja Correctional Centre (prison) on the orders of a...

Ihedioha Reiterates Commitment to Pensions Payment

Imo State Governor, Emeka Ihedioha, has reiterated the commitment of his administration to payment of pensions in the state, even as he pledged...

Pension fund not for budget deficits – Oshiomhole 

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole on Wednesday that monies from staff pension deductions are not meant to...

Stanbic IBTC Pension Managers Ltd pays over N279 billion to retirees

Stanbic IBTC Pension Managers Limited has paid over N279 billion to retirees since its inception in 2006, according to Mr. Eric Fajemisin, Chief Executive...

Group of ex-Biafra police officers goes wild with joy after receiving pension payments

[dropcap]J[/dropcap]ubilation greeted the South-East and South-South states last Friday after ex-Biafra Police officers started receiving alerts for their pensions 17 years after former...