Nigerian govt clears N39bn pension arrears for NITEL, PHCN, bank pensioners

THE Nigerian government has paid more than N39 billion in outstanding pension liabilities owed to thousands of retirees under the Defined Benefit Scheme, fulfilling a commitment to clear long-standing pension arrears inherited over the years. The payment, announced on Friday by the Pension Transitional Arrangement Directorate (PTAD), covers pension obligations owed to retirees of the […]