The Federal Government has reiterated its commitment to restore payments to pensioners on its priority list as well as clearing the backlog of arrears inherited from previous administrations, under both the contributory and defined benefit pension schemes.
Secretary to the Government of the Federation Boss Mustapha announced this at a two-day sensitisation summit on, ”Eradication of Pension Fraud” in Nigeria. The programme was organised by the Economic and Financial Crime Commission, EFCC, in collaboration with the National Pension Commission, PenCom and other stakeholders.
He added that the theme of the workshop spoke to the sacred responsibility of safeguarding the wellbeing of the senior citizens, who had worked.
Mustapha commended President Muhammadu Buhari’s commitment and success in pension matters, especially on the payrolls of 9,216 pensioners of NITEL, after more than a decade of neglect. He also said other matters were the recovered cash and non-cash assets about 16 billion naira , trapped in various insurance companies.
EFCC Executive Chairman Abdulrasheed Bawa explained that the initiative of the summit was significant to take stock of the measures put in place to improve and sanitize pension administration in the country.
