The Nigeria Union of Pensioners (NUP) has commended President Bola Tinubu for approving the payment of ₦39.6 billion in arrears owed to retirees under the Defined Benefit Scheme.
Speaking after the Pension Transitional Arrangement Directorate (PTAD) and the Ministry of Finance announced the disbursement, NUP National President, Godwin Abumisi, described the move as a major boost to pensioners’ welfare.
“We are very happy with the present government. No president in Nigeria has achieved as much as His Excellency, Bola Tinubu. No other president has done as much as he has,” Abumisi said in an interview with TVC News.
He highlighted other interventions credited to Tinubu’s administration, including ₦758bn released for arrears of pension and gratuity under the Contributory Pension Scheme, and ₦58bn for arrears owed to retirees under the Defined Benefit Scheme.
Abumisi noted that pensioners now receive their monthly payments regularly, unlike in the past when delays were common. He urged retirees to
