PTAD concludes verification of ex-workers of Savannah sugar coy

Mathew Dadiya, Abuja

The Pension Transitional Arrangement Directorate (PTAD), says it has concluded the verification of ex-workers of Savannah Sugar Company Ltd (SSCL). PTAD made this disclosure on Wednesday in Abuja, explaining that a total of 1,621 ex-workers and Next of Kins had been successfully verified and their biometrics captured. PTAD said the exercise, conducted from Feb. 4 to Feb. 13 in Jimeta, Yola, Adamawa e, verified 1,290 ex-workers and 331 NOKs. PTAD said the verification was in line with President Muhammadu Buhari’s promise to resolve and ensure accurate computation and payment of the balance of the one-off terminal benefits for workers disengaged in 2002. The statement quoted the Executive Secretary of PTAD, Sharon Ikeazor as saying “the verification is to facilitate payment of the balance of one-off terminal benefits paid to the ex-workers by the Bureau of Public Enterprises (BPE) in 2002 during privatisation.’’ Ikeazor said the ex-workers absent at the verification had been assured that they could be verified at PTAD office in Abuja or PTAD North East regional office in Yola, Adamawa. Ikeazor said the verification of SSCL brings the total number of defunct and privatised agencies verified by PTAD to eight. This, she said comprised Delta Steel Company (DSC), NITEL/Mtel, NICON Insurance Plc, New Nigeria Newspapers and Nigeria Reinsurance. She said preparations for the verification of all other treasury funded parastatals, including defunct and privatised agencies had been completed and would commence soon across the country.