The Federal Government has disbursed N5.12 billion in pension arrears to 90,689 retirees under PTAD, fulfilling entitlements across civil service, police, and paramilitary pensions
The Federal Government has released ₦5.12 billion for the payment of pension arrears to 90,689 pensioners under the Defined Benefit Scheme (DBS), the Pension Transitional Arrangement Directorate (PTAD) announced on Monday.
In a statement from Mr. Olugbenga Ajayi, PTAD’s Head of Corporate Communications, the directorate confirmed that the disbursement process has been finalised, ensuring that pensioners across four key departments receive their outstanding entitlements.
“This disbursement reaffirms our commitment to the welfare of pensioners in line with the Renewed Hope Agenda of President Bola Tinubu,” Ajayi said.
Here’s how the ₦5.12bn was distributed across the four pension departments:
Civil Service Pension Department:
12,773 pensioners
₦408,736 disbursed for one month arrears.
Police Pension Department:
9,681 pensioners
₦619,584 disbursed for two months arrears.
Parastatals Pension Department:
59,609 pensioners
₦3,814,976 disbursed for two months arrears.
Customs, Immigration & Prisons Pension Department (CIPPD):
8,626 pensioners
₦276,032 disbursed for one month arrears.
PTAD emphasized that the payment demonstrates the Federal Government’s ongoing dedication to honouring the entitlements of its retirees under the Defined Benefit Scheme, especially as the government aims to clear legacy arrears and ensure timely pension disbursements.
The disbursement is part of wider efforts by the administration to ensure economic inclusivity and financial relief for senior citizens, who often rely solely on these pensions for livelihood.
Fresh concerns have emerged over compliance with a court order issued by the High Court of Kano State on April 8, 2026, restraining key parties—including the Honourable Minister of Education, the Kano State Ministry of Land and Physical Planning, the Kano State Urban Development Authority, and Pluck Global Company Limited—from further actions pending the determination of the matter before the court.
Findings indicate that while all parties—except the concessionaire, Pluck Global Company Limited—were duly served within two days of the order, significant challenges were encountered in effecting service on the company, raising troubling questions about its corporate traceability and regulatory vetting.
A review of the company’s records filed with the Corporate Affairs Commission (CAC) revealed addresses that could not be verified as functional business locations. Notably, documentation submitted to Federal Government College (FGC), Kano, dated June 20, 2024, listed two addresses: 8B, Lalupon Street, off Keffi Street, off Awolowo Road, Ikoyi, Lagos, as its head office, and 3 Bargery Road, Bompai, Kano, as its branch office.
However, a physical visit to the Ikoyi address revealed that the entire property is occupied by a company identified as Golden Alchemy, whose staff категорically denied any knowledge of, or shared occupancy with, Pluck Global Company Limited.
Efforts to trace the Kano address yielded even more unsettling findings. The location—a locked duplex—showed no visible signs of commercial activity. Neighbours, while reluctant to speak on record, alluded to irregular movements at odd hours, casting further doubt on the legitimacy of the premises as a corporate office.
In a twist, after multiple attempts to establish contact, an individual purportedly representing the company surfaced in Kano and agreed to receive and acknowledge the court order on April 11, 2026, at approximately 6:00 pm. Curiously, the Ikoyi address—already discredited—was again listed as the company’s official address in the acknowledgment.
These developments raise critical questions regarding due diligence and Know Your Customer (KYC) protocols on the part of the Federal Ministry of Education. They also cast a spotlight on the Infrastructure Concession Regulatory Commission (ICRC), should a concession agreement indeed have been executed with the company. Stakeholders say it would be instructive to review the addresses contained in all official correspondences and contractual documents linked to the transaction.
Meanwhile, a visit to the premises of Federal Government College, Kano, revealed ongoing construction activity, with workers observed excavating foundations. When approached, the workers declined to disclose the authority under which they were operating—despite the subsistence of a court order restraining further action.
Notably, a previously installed project billboard bearing the insignia of the school authorities and the Federal Ministry of Education had been removed. Sources within the institution suggest that the directive for its removal may have emanated from the Ministry following receipt of the court order.
The unfolding situation presents a complex mix of legal, regulatory, and accountability issues—raising the spectre of possible non-compliance with judicial directives, as well as deeper concerns about transparency in public-private concession arrangements.
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