Close Menu
    What's Hot

    105 Nigerians killed in South Africa in 7 Years

    May 28, 2026

    South African Reserve Bank Hikes Rates 25bps to Fight Inflation

    May 28, 2026

    ETHUSD- Ethereum Sinks Below $2k as Fear Index Spikes

    May 28, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, May 28
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » FG Disburses N5.12bn Pension Arrears to 90,689 DBS Pensioners
    News

    FG Disburses N5.12bn Pension Arrears to 90,689 DBS Pensioners

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 11, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    FG Disburses N5.12bn Pension Arrears to 90,689 DBS Pensioners
    Share
    Facebook Twitter Pinterest Email Copy Link

    FG Disburses N5.12bn Pension Arrears to 90,689 DBS Pensioners

    The Federal Government assurance to clear outstanding pension liabilities as funds are disbursed N5.12 billion pension Arrears to 90,689 Defined Benefit Scheme (DBS) pensioners under Pension Transitional Arrangement Directorate (PTAD).

    This is contained in a statement issued on Monday in Abuja by Mr Olugbenga Ajayi, Head of Corporate Communications of PTAD. He said that the directorate had finalised the disbursement of the money.

    Ajayi said that the 90,689 pensioners across the four pension departments, reaffirms its dedication and commitment to pensioners welfare.

    The Nigeria Customs Service, the Nigeria Immigration Service and Prisons Pension Department (CIPPD) pensioners are 8,626, received N276,032, for one month arrears, the Police, Pension Department (PPD) pensioners are 9,681, received N619,584, for two months as arrears.

    The Civil Service Pension Department (CSPD) pensioners are 12,773, received N408,736, for one month arrears, and the Parastatals Pension Department (PAPD) pensioners are 59,609, received N3,814,976, for two months arrears.

    He said that the payment reaffirms the administration’s commitment to ensuring that pensioners received their due entitlements in line with the Renewed Hope Agenda of President Bola Tinubu. #FG Disburses N5.12bn Pension Arrears to 90,689 DBS Pensioners#

    Naira Has Only One Option in Q3—Forex Analysts

    Pension Arrears Pensioners
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Related Posts

    News

    105 Nigerians killed in South Africa in 7 Years

    May 28, 2026
    News

    South African Reserve Bank Hikes Rates 25bps to Fight Inflation

    May 28, 2026
    News

    ETHUSD- Ethereum Sinks Below $2k as Fear Index Spikes

    May 28, 2026
    Cryptocurrency

    Bitcoin Price Tumbles on Geopolitical Risk, Huge Unwind Leverage

    May 28, 2026
    News

    XRP Breaches Crucial $1.30 Support as BTC, Ethereum Dive

    May 28, 2026
    News

    GCR Affirms Stanbic IBTC Bank AAA/ A1+ Ratings, Outlook Stable

    May 28, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    105 Nigerians killed in South Africa in 7 Years

    May 28, 2026

    South African Reserve Bank Hikes Rates 25bps to Fight Inflation

    May 28, 2026

    ETHUSD- Ethereum Sinks Below $2k as Fear Index Spikes

    May 28, 2026

    Bitcoin Price Tumbles on Geopolitical Risk, Huge Unwind Leverage

    May 28, 2026
    Latest Posts

    105 Nigerians killed in South Africa in 7 Years

    May 28, 2026

    South African Reserve Bank Hikes Rates 25bps to Fight Inflation

    May 28, 2026

    ETHUSD- Ethereum Sinks Below $2k as Fear Index Spikes

    May 28, 2026

    Bitcoin Price Tumbles on Geopolitical Risk, Huge Unwind Leverage

    May 28, 2026

    XRP Breaches Crucial $1.30 Support as BTC, Ethereum Dive

    May 28, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    105 Nigerians killed in South Africa in 7 Years

    May 28, 2026

    South African Reserve Bank Hikes Rates 25bps to Fight Inflation

    May 28, 2026

    ETHUSD- Ethereum Sinks Below $2k as Fear Index Spikes

    May 28, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.