The Military Pensions Board (MPB) on Tuesday announced the payment of third tranche of the Security Debarment Allowance (SDA) to eligible military retirees and next-of-kins of deceased pensioners. Chairman of the board, Rear Adm. Saburi Lawal, made this known in a statement in Abuja. Lawal said payment of the third tranche, represented the third quarterly
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The Military Pensions Board has stated that the hitches between the Central Bank of Nigeria (CBN) and disbursing banks are red for the delay in the receipt of payment of Security Debarment Allowance (SDA) by eligible military retirees. This was contained in a statement made on Wednesday by the chairman of the board, Saburi Lawal, noting that the board had assured the retirees that the situation would be resolved and commence payment.
The Military Pensions Board (MPB) has commenced the payment of the first and second tranches of Security Debarment Allowances (SDA) to military veterans and the Next of Kins (NOKs) of deceased personnel. Security Debarment Allowance is the money paid to retired military personnel to discourage them from using the skills they acquired while in service against the government. SaharaReporters had reported that the ex-servicemen in December 2022 threatened to protest at the Ministry of Finance and the Ministry of Defence over the unpaid allowances.