News

Parliamentary group lauds PTAD boss over budget defence

DailyTimesNGR DailyTimesNGR 19 January 2025 0

***says Tinubu’s reforms have positively impacted pensioners The Parliamentary Support Group (PSG) has commended the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Tolulope Abiodun Odunaiya, for her exceptional leadership and remarkable achievements since

Headlines News

PTAD: FG phases out field verification of aged retirees, deploys IT

Ihesiulo Grace 15 April 2023 0

BY TOSIN ADAMS The Pension Transitional Arrangement Directorate (PTAD) has unveiled the “I Am Alive’’ online confirmation solution to ease pensioners’ stress. The Executive Secretary of PTAD, Dr Chioma Ejikeme, unveiling the solution in Abuja on Friday, said PTAD had kept to its promise that the era of bringing out aged pensioners for field verification […]

News

Multi-trillion Naira Audit query: House C’ttee probes PTAD

Ihesiulo Grace 6 July 2022 0

By Tom Okpe The House of Representatives Committee on Public Accounts has instituted a high-powered technical ad-hoc committee to forensically audit the various sums appropriated annually to the Agency, following multiple queries raised by office of the Auditor General of the Federation (AuGF) against Pension Transitional Arrangement Directorate (PTAD) since its inception

News

PTAD inaugurates Anti-Corruption unit to boost operational transparency

Ihesiulo Grace 10 November 2021 0

Philip Clement, Abuja In an effort to enhance transparency in it’s operations, the Pension Transitional Arrangement Directorate (PTAD) has inaugurated it’s Anti-Corruption and Transparency Unit (ACTU). Speaking during the inauguration at the agency’s headquarters in Abuja on Wednesday, the Executive Secretary of the Commission, Dr. Chioma Ejikeme said if

Business

PTAD adjusts verification mode due to Covid-19

Ihesiulo Grace 23 March 2020 0

The Pension Transitional Arrangement Directorate has announced a slight adjustment to its verification exercise. In a statement by PTAD, the Directorate said it is in line with global advise curbing the spread of the Covid 19. “PTAD wishes to announce to the general public that in view of the world Health challenges occasioned by the, […]

Featured News

Breaking: Pensioners to smile as FG set to commence payment of 33% arrears

Ihesiulo Grace 10 December 2019 0

Pensioners in Nigeria are to celebrate this year’s Christmas holidays in a good mood as the Federal Government has approved and released the sum of N10.6billion for the payment of balance of the arrears of the 33% percent part of which was paid three years ago. This piece of peasant information was disclosed exclusively to […]

Business Headlines

We’ve been consistent in payment 33% pension arrears – PTAD

Ihesiulo Grace 26 October 2018 0

The Pension Transitional Arrangement Directorate (PTAD) has expressed concern over calls by the Nigeria Union of Pensioners (NUP) and the Federal Universities Pensioners Association (FUPA) on the non-payment of the balance of the 12 and 36 months arrears of the 33% pension increase to pensioners, saying it has been consistent in offsetting the arrears. PTAD […]

Business Headlines

PTAD adds 9,125 NITEL/MTEL retirees on monthly payroll

Ihesiulo Grace 22 October 2018 0

The Pensions Transitional Arrangement Directorate (PTAD) has added 9,125 ex-workers of the NITEL/MTEL to the monthly pension payroll after twenty five years of uncertainty post-privatisation of the firm. PTAD Executive Secretary, Mrs Sharon Ikeazor, who stated this at the weekend, added that the inclusion of these ex-workers to the payroll was in fulfillment of President

Headlines News

PTAD pays N900m to war affected officers

Ihesiulo Grace 9 October 2018 0

The Pension Transition Directorate (PTAD) has disclosed that Federal Government has made it a priority to ensure pension payment is made before salary payment to civil servants. The Executive Secretary of PTAD, Barrister Sharon Ikeazor, stated this on Monday while speaking at the 2018 PTAD South East Stakeholders’ Forum in Enugu. She stated that the […]

Headlines News

PTAD Pays N1.7bn pension arrears to 5,382 new enrollees

Ihesiulo Grace 17 July 2018 0

The Pension Transitional Arrangement Directorate (PTAD) has paid N1.7bn outstanding pension arrears to 5,382 Civil Service Pensioners in the country. These pensioners were among the 7,969 Civil Service Pensioners who were enrolled on PTAD monthly payroll in March 2018 with a total payment of N71.5m for the month. PTAD also stated on Monday that it […]

Headlines News

3,542 DSC pensioners to get pension for life – PTAD

Ihesiulo Grace 9 July 2018 0

The Pension Transitional Arrangement Directorate (PTAD) has concluded the computation of pension benefits for 3,542 Delta Steel Company (DSC) Aladja, pensioners. Following the successful conclusion of the exercise, the PTAD announced that the 3,542 pensioners who were cleared by Federal Audit will be pay-rolled in August 2018 and will start receiving their monthly pension

News Nigeria

House C’mmittee lauds PTAD on verification of NITEL / Mtel pensioners

Ihesiulo Grace 9 February 2018 0

The Chairman of the House of Representatives Committee on Pensions, Hassan Shekarau has said that the attestation by NITEL/Mtel pensioners on the ongoing verification exercise by the Pension Transitional Arrangement Directorate (PTAD) in Kano is an affirmation of the quality service rendered by the agency. Hassan said this on Thursday in Kano during a surprise […]

News

PTAD commences verification of NITEL, MTEL pensioners at Enugu

Ihesiulo Grace 18 January 2018 0

Over 22, 000 ex-employees involved The Pension Transitional Arrangement Directorate (PTAD) has commenced the verification of over 22,000 employees of Nigerian Telecommunications Limited (NITEL) and its mobile arm MTEL with the aim of paying them their pension arrears. The Executive Secretary of PTAD, Mrs. Sharon Ikeazor, disclosed this in Enugu, while declaring open the

Business

PTAD: Verification of NITEL, Mtel pensioners begins

Ihesiulo Grace 16 January 2018 0

The Pension Transitional Arrangement Directorate (PTAD) has started the verification of more than over 20,000 pensioners of Nigerian Telecommunications Limited (NITEL). The pensioners on the platform of under the Defined Benefit Scheme (DBS), also included those of NITEL’s mobile subsidiary, MTEL. According to NAN, the exercise started on Monday in Enugu, Lagos and Port

Business

PTAD verifies NITEL/MTEL Pensioners

Ihesiulo Grace 3 December 2017 0

The Pension Transitional Arrangement Directorate (PTAD), has concluded plans to begin verification of pensioners of Nigerian Telecommunications Limited (NITEL) and its mobile subsidiary, MTEL under the Defined Benefit Scheme (DBS). In a statement at the weekend by the Deputy Director of Communication, Emma Okondo, said that the exercise would take place across the six

Money

PTAD in Delta, verifies 5,000 pensioners

Ihesiulo Grace 27 November 2017 0

….PTAD appeals to pensioners over delayed October payment The on-going pension verification exercise has been extended to Delta State beginning with pensioners of Delta Steel Company and Federal Housing Authority involving more than 5,000 pensioners. Executive Secretary, PTAD, Mrs. Sharon Ikpeazor assisting in verification of pensioners, Cross -section of pensioners

Business

PTAD pays 33 per cent pension arrears to beneficiaries

Ihesiulo Grace 22 November 2017 0

The Pension Transitional Arrangement Directorate PTAD, on Tuesday, said that it has paid all pensioners under the Defined Benefit Scheme (DBS) another installment of the 33% arrears owed. In a statement by the Deputy Director of Communication, Mr. Emma Okondo, PTAD said that the categories of pensioners that benefited are Police pensioners, Nigeria Security and […]

Headlines News

How PTAD restored hope for ex-Biafra Policemen, 50 years after

Ihesiulo Grace 23 October 2017 0

In what could be described as a historical antecedent in the lives of former Biafra Police officers, who fought the civil war 50 years ago, respite came their way on Friday as the Pension Transitional Directorate Arrangement (PTAD) rekindled their hopes and believes in the unity of the country when a process that started and […]

Headlines News

PTAD records hitch- free pension verification exercise in Lagos

Ihesiulo Grace 19 September 2017 0

The Pension Transitional Arrangement Directorate’s (PTAD’s) verification exercise for retired Federal Government workers has recorded a hitch-free exercise in Lagos, despite the large turnout of retirees in the state. This is the second and third phases of the nationwide verification exercise for retired civil service pensioners under the Defined Benefit Scheme

Capital Market Insurance

Pension: LASACO settles N1.063 bn legacy funds

Ihesiulo Grace 8 September 2017 0

Insurance and financial services listed company, LASACO Assurance Plc has settled a N1.063 billion Pension Legacy Funds in its custody, in compliance with the directive of the Federal Government, through the Pension Transitional Arrangement Directorate (PTAD). The company paid the sum to PTAD as a final settlement of the funds meant for pensions of 6 […]