The Rio Times
The Rio Times
Americas · 4 hrs ago

Nigeria’s PTAD Pays US$2.8 Million in Pension Arrears to 30,356 Retirees

Nigeria · FINANCE Key Facts —Payment amount: PTAD disbursed ₦3,817,568,592.80, commonly rounded to ₦3.82 billion, in backend computation pension arrears. —Beneficiaries: The payment covered 30,356 Defined Benefit Scheme pensioners across three PTAD departments. —Announcement date: PTAD issued the statement on Friday, 14 August 2026, via its official channels. —Departments covered: Parastatals Pension Department, Defunct and…
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