ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Economy

FG Pensioners Hail N55.9bn PTAD Disbursement, Seek Clearance of Outstanding Arrears

Victoria Emeto by Victoria Emeto
January 8, 2026
in Economy
0
FG Pensioners Hail N55.9bn PTAD Disbursement, Seek Clearance of Outstanding Arrears

Federal Government pensioners under the Defined Benefit Scheme (DBS) have welcomed the disbursement of N55.9 billion by the Pension Transitional Arrangement Directorate (PTAD) in December 2025, describing it as a major relief after months of uncertainty and financial strain.

The pensioners, drawn from various pension departments, said the payment, which covered monthly pensions and outstanding arrears, had restored hope to thousands of retirees battling rising living and healthcare costs.

PTAD had announced that the N55.9 billion disbursement addressed arrears arising from the N32,000 pension increment, as well as percentage increases of 10.66 per cent and 12.95 per cent across eligible pensioners.

Several retirees who confirmed receipt of the arrears said the funds helped ease financial pressure during the festive season, allowing them to meet pressing needs.

“For the first time in a long while, many of us were able to breathe in December. The arrears helped us settle medical bills and family obligations,” a retired civil servant under the Civil Service Pension Department (CSPD) said.

While commending the Federal Government and PTAD for the payment, the pensioners appealed for the swift settlement of the few outstanding arrears to ensure all retirees fully benefit from the approved increases.

They stressed that timely and consistent pension payments are critical for the welfare of senior citizens, especially amid inflation and increasing healthcare expenses.

Tags: #DefinedBenefitScheme#Pensioners#PTAD#PublicService
Previous Post

PETROAN Calls for Steady Crude Supply, Pricing Stability to Ease Fuel Prices in 2026

Next Post

Nigeria Can Earn $10bn Annually from Cashew Industry — NCAN

Victoria Emeto

Victoria Emeto

Next Post
Nigeria Can Earn $10bn Annually from Cashew Industry — NCAN

Nigeria Can Earn $10bn Annually from Cashew Industry — NCAN

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Tinubu Hails Corporate Nigeria as NGX Market Capitalisation Surpasses N100 Trillion

Tinubu Hails Corporate Nigeria as NGX Market Capitalisation Surpasses N100 Trillion

January 9, 2026
SEC Warns Nigerians Against Voya Investment Management Over Alleged Fraud

SEC Warns Nigerians Against Voya Investment Management Over Alleged Fraud

January 8, 2026
FCCPC Registers 521 Digital Lenders as Nigeria Tightens Oversight of Credit Market

FCCPC Registers 521 Digital Lenders as Nigeria Tightens Oversight of Credit Market

January 8, 2026
Nigeria’s Broadband Subscriptions Rise to 109.6 Million in 2025 — NCC

Nigeria’s Broadband Subscriptions Rise to 109.6 Million in 2025 — NCC

January 8, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Tinubu Hails Corporate Nigeria as NGX Market Capitalisation Surpasses N100 Trillion

Tinubu Hails Corporate Nigeria as NGX Market Capitalisation Surpasses N100 Trillion

January 9, 2026
SEC Warns Nigerians Against Voya Investment Management Over Alleged Fraud

SEC Warns Nigerians Against Voya Investment Management Over Alleged Fraud

January 8, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!