PTAD said the latest payment of N9.48 billion represents the outstanding 50 per cent balance of arrears arising from the Back-End Computation exercise. An earlier N9.48 billion tranche was paid in June 2026 to the same group of pensioners. :contentReference[oaicite:1]{index=1}
The Directorate said the latest disbursement fully settles the Back-End Computation arrears owed to the affected PHCN pensioners, bringing the total paid to N18,958,199,952.27. PTAD Executive Secretary Tolulope Odunaiya said the agency would continue working to ensure eligible retirees receive their legitimate entitlements.聽
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The Federal Government has completed payment of N18.96 billion in outstanding Back-End Computation pension arrears to 3,958 former PHCN workers under the Defined Benefit Scheme. The Federal Government, through the Pension Transitional Arrangement Directorate, has completed the payment of N18.96 billion in outstanding pension arrears to 3,958 retirees of the defunct Power Holding Company of Nigeria under the...
Key takeaways
- The Federal Government has completed payment of N18.96 billion in outstanding Back-End Computation pension arrears to 3,958 former PHCN workers under the Defined Benefit Scheme.
- The Federal Government, through the Pension Transitional Arrangement Directorate, has completed the payment of N18.96 billion in outstanding pension arrears to 3,958 retirees of the defunct Power Holding Company of Nigeria under the Defined Benefit Scheme.
- :contentReference[oaicite:0]{index=0}PTAD said the latest payment of N9.48 billion represents the outstanding 50 per cent balance of arrears arising from the Back-End Computation exercise.
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The Federal Government has completed payment of N18.96 billion in outstanding Back-End Computation pension arrears to 3,958 former PHCN workers under the Defined Benefit Scheme. The Federal Government, through the Pension Transitional Arrangement Directorate, has completed the payment of N18.96 billion in outstanding pension arrears to 3,958 retirees of the defunct Power Holding Company of Nigeria under the...
Who published this story?
Glow 99.1 FM published this story with OYEBODE OLUWAFEMI EMMANUEL listed as author.
When was it published?
September 17, 2026
