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Fake civil society: The rise of pro-government NGOs in Nigeria, By Matthew T Page
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Pension fund hits N12 66 trillion in June
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PenCom begins payment of 2 5% pension differentials to retirees – DG
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Nigeria s pension fund hits N12 6trn – PenCom
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It also consists of the backlog of death benefits claims due to beneficiaries of deceased employees of treasury funded MDAs.
On April 14, 2021, the Director General of PenCom, Aisha Dahir-Umar, told the members of the visiting Senate Committee on Establishment & Public Services that a large number of federal government employees who retired from March 2020 to March 2021 under the CPS were yet to receive their pensions due to non-payment of their Accrued Pension Rights.
She traced the issue to 2014 due to “the appropriation of insufficient amounts for payment of Accrued Pension Rights of Federal Government of Nigeria (FGN) retirees and further aggravated by late or non-release of full appropriated amounts.”