FG clears N39.6 billion pension arrears, settles liabilities for over 24,000 retirees – Minister

AI Summary

The Nigerian federal government has cleared 39.6 billion Naira in pension arrears, settling liabilities for over 24,000 retirees. These payments address longstanding debts owed to former workers of defunct public enterprises and financial institutions.

The federal government says the payments cover longstanding pension liabilities owed to former workers of defunct public enterprises and financial institutions under the Defined Benefit Scheme. The post FG clears N39.6 billion pension arrears, settles liabilities for over 24,000 retirees – Minister appeared first on Premium Times Nigeria.