₦airaland Forum

The Federal government have announced it has cleared the backlog of pension arrears it inherited from previous administration. The Minister for Finance Mrs Kemi Adeosun announce this on her social media handles yesterday.

She said “We’ve now cleared the inherited arrears of pension benefits for 2014, 2015 and 2016, by releasing N41.5 billion to the National Pension Commission (PENCOM) for payment to affected retirees.”

The minister also confirm the release of N12.5 billion to cover outstanding pensions payments for January, February and March 2017. She said a total payment to N54 billion has been released so far despite conflicting demands for available cash.

In her word “President Muhammadu Buhari has always expressed concern about the plight of workers and pensioners. These payments will bring relief to thousands of our elders who have served, and deserve to be paid their entitlements promptly and fully.
With these payments I’m pleased to say that we have now cleared the Contributory Pension Scheme arrears that the Buhari Government inherited.”

To avoid fresh accumulation of arrears, we will from now on ensure that monthly allocations to National Pension Commission (PENCOM) are regularly made alongside monthly salaries to Ministries, Departments and Agencies (MDAs).


http://www.newsheadlines.com.ng/latest-nigerian-news/2017/04/06/fg-clear-2014-2015-and-2016-pension-arrears/

Good one Mr president

The change is real and positive for those who wait patiently for it with an open mind, and not with a parochial biased mind or a sense of hopelessness.

This administration has shown through the disbursement of funds for states bailout and gesture like this as a Pro-people government ( pro-people in the sense of ordinary man and not the few selfish elites).

Irresponsible administration could have used these said funds to patronize party loyalists, filthy empowerment of friends and cronies, and probably parley the NASS for "smooth and peaceful running of government" for the few.

Wailers will avoid this thread like...

Nice
abeg. Make Una do pay me

Wailers will avoid this thread like...Make i stop here before those monitoring spirits called mods ban me again...

Wailers right now

In Wailers voice- buhari is clueless, money that is supposed to be used for capital projects, when will this man get sense, he is now spending all this money all those old men.... Wailers can wail ehn!!!

Very good development...

When will Egbon Roch pa imo state Pensioners

I sincerely hope the pensioners , The ones alive , the ones who really worked , Not the Ghosts get the monies paid by FG



I do not want to hear any story about how someone made $500,000 from selling pure water

#PolicePensionScam

This is a big lie. This government is all about propaganda. I have a cousin who works at PTAD, the government agency in charge of all pension issues. I just confirmed that this news is a very big lie. Tufiakwa

great, a wellcome development

New story would soon followed because I'm not sure the fund get to real pensioner..

Iamwrath:
I sincerely hope the pensioners , The ones alive , the ones who really worked , Not the Ghosts get the monies paid by FG



I do not want to hear any story about how someone made $500,000 from selling pure water

#PolicePensionScam

They really do exist, some of them staged a protest 2wks or so ago... Their joy however will be mixed with small pain... 10m @ 200n to a $1, isn't same value as 400n to $1

unclejb2:
This is a big lie. This government is all about propaganda. I have a cousin who works at PTAD, the government agency in charge of all pension issues. I just confirmed that this news is a very big lie. Tufiakwa

Kip kwayet!!! Is PTAD same as PENCOM!! Your right to dislike a government does not include deliberate misinformation.

This is nice!!!

Keneking:
This is nice!!!

Not only nice

Please go and call baba lalasticlala

Egbon myndd44 Don see am

sarrki:
Not only nice
Please go and call baba lalasticlala
Egbon myndd44 Don see am

I am worried that anti-spam bot would monitor this thread

Here we go again..

Until the actual people on ground confirm this, I take it with a pinch of salt. Eod.
Because their antecedents have shown that believe this govt at face value at your own peril.

This deserve a front page if it is true

modath:
Kip kwayet!!! Is PTAD same as PENCOM!! Your right to dislike a government does not include deliberate misinformation.

na for PENCOM all the pension money dey loss. History does not lie

Who was supposed to clear 2015

Did they not inherit a budget?

How about 2016

Are these ppl taking something? They even want us to celebrate this as some peeps are already hailing PMB as if they've bin bewitched!!! Pls FG u did ur job and u did it very very late!

GEJ pay pension pas any President before and after, before u argue just call a pensioner