The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦5,119,328,000 to 90,689 pensioners across four pension departments, marking a significant milestone in clearing long-standing arrears. The payment, completed this week, reinforces the Federal Government’s commitment to the welfare of retirees under President Bola Ahmed Tinubu’s Renewed Hope Agenda.
According to PTAD, the funds were paid to verified pensioners from the Civil Service Pension Department, the Pensioners Payment Department, the Transitional Pension Department, and the Civil Service Pension Department. The disbursement covers between one and two months’ arrears, depending on the category, ensuring beneficiaries receive the support they have long awaited.
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The largest share went to pensioners under the Civil Service Pension Department, with 59,609 retirees receiving a total of ₦3.81 billion. This was followed by payments to 9,681 pensioners in the Pensioners Payment Department, who collectively received ₦619.58 million. The Transitional Pension Department disbursed ₦408.73 million to 12,773 retirees, while the Civil Service Pension Department released ₦276.03 million to 8,626 pensioners.
Olugbenga Ajayi, Head of PTAD’s Corporate Communications Unit, emphasized that the initiative is part of a broader government strategy to restore dignity to retirees and secure their financial stability. He noted that the payment aligns with the administration’s structured approach to resolving outstanding obligations and strengthening pension systems nationwide.
For many pensioners, this payout comes as a timely relief, easing financial strain and reaffirming the government’s promise to honor those who dedicated their careers to public service. As PTAD continues to address outstanding arrears, the hope is that such interventions will not only settle old debts but also set a new standard for timely and transparent pension management in Nigeria.
