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, 1

PTAD has disbursed N3.82bn in pension arrears to 30,356 retirees under the Defined Benefit Scheme, resolving outstanding entitlements after a review.