
FG Disburses ₦44bn to Address Pension Backlog
The Federal Government has released ₦44 billion to the Retirement Benefits Bond Redemption Fund account at the Central Bank of Nigeria to ease the backlog of unpaid pension rights for retirees under the Contributory Pension Scheme. In a statement issued by the National Pension Commission (PenCom), the funds will cover retirees who were verified and…