Friday, 19th April 2024
To guardian.ng
Search
National  

FG releases N13.89b pension for 2022 retirees

By Guardian Nigeria
06 January 2023   |   1:31 am
National Pension Commission (PenCom), yesterday, said the Federal Government had released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDAs).

National Pension Commission (PenCom), yesterday, said the Federal Government had released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDAs).

The Commission, in a statement on its official twitter handle, yesterday obtained by the News Agency of Nigeria (NAN), noted that APRs represent an employee’s benefits from June 2004 when the Compulsory Pension Scheme (CPS) came into effect.

It added that the beneficiaries were retirees under the Contributory Pension Scheme (CPS). The Commission lauded President Muhammadu Buhari for his support and commitment to implementation of the CPS that revolves around welfare of retirees.

In this article

Related

Agency to immunise 2.8m children against polio in Kaduna
2 hours ago
Truck overturns in Lagos, injure six
1 hour ago
Cultism: Police arrest suspect linked with killing of ABSU student
1 hour ago
Police withdraws orderlies as Immigration places Yahaya Bello on watchlist
2 hours ago
Serbia orders evacuation after discovery of NATO projectile
1 hour ago
Gov. Otu provides N100m to improve nutrition in Cross River
30 mins ago

0 Comments

World
Police rescue children held hostage by grandmother
1 hour ago
Officers from the Ikotun Police Division, Lagos State have rescued three children who had been locked in a room for days by their grandmother. Police spokesperson, SP Benjamin Hundeyin, in a statement on Friday, stated that an investigation is ongoing on the matter. Hundeyin disclosed that the children have been kept safe while the grandmother…
News
Court dismisses senior lawyers’ suit challenging appointment of judges in Kogi
1 hour ago
A Federal High Court in Abuja has dismissed a suit filed by seven senior advocates of Nigeria against the National Judicial Council (NJC) and others over the alleged unlawful appointment of judges in Kogi.
World
Bandits attack, kill 23 in Kaduna community
1 hour ago
At least 23 people have been killed in an attack by bandits on the Anguwar Danko community in Birnin Gwari Local Government Area of Kaduna State, according to a community leader. The attack, which occurred Wednesday night, has yet to be confirmed by Kaduna State Police authorities. A leader in the community, Zubairu Abdulrahuf, told…
News
FG charges stakeholders on manufacture, export of Nigerian made vehicles
4 hours ago
The Federal Government has charged stakeholders in the automotive sector on the realisation of made-in-Nigeria vehicles for economic growth and development. The Minister of Industry, Trade and Investment, Dr Doris Anite, said this on Thursday in Abuja, during a Dialogue on Automotive Component Manufacturing in Nigeria. According to Anite, the country has the consumer base…
News
Police intercept bags of Indian Hemp at Lagos Jetty
5 hours ago
Police in Lagos State have intercepted some bags of substances, suspected to be Indian Hemp, at a Jetty in Ojo area of Lagos and arrested a suspect.
News
Troops repel IPOB/ESN terrorists attack in Okija, neutralise several fighters
5 hours ago
Nigerian Army troops have successfully repelled an attack by the proscribed Indigenous People of Biafra (IPOB) and its militia arm, the Eastern Security Network (ESN), in Okija, Ihiala Local Government Area of Anambra.
News
Police foil attack in Katsina, neutralise suspected bandit
5 hours ago
Police operatives in Katsina have foiled an attack on Sabuwa town, headquarters of Sabuwa local government area of the state, neutralising one suspected bandit.
News
Tinubu working to put Nigeria on solid economic pedestal – Onanuga
5 hours ago
Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, says the administration of President Bola Tinubu is working to put Nigeria on a solid economic pedestal.
News
APC Primary: Governor Aiyedatiwa rounds off local governments’ tour
6 hours ago
Gov. Lucky Aiyedatiwa of Ondo State on Thursday concluded a seven-day campaign tour of the 18 local government areas of the state ahead of the Saturday’s governorship primary of the All Progressives Congress(APC).
News
World Bank: Rising inflation, weak earnings push 10m Nigerians into poverty in 2023   
9 hours ago
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, the World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated.