The Federal Government, through the Office of the Accountant General of the Federation, said that the payment of accumulated rights of retirees under the Contributory Pension Scheme is subject to the availability of government funds.
The OAGF announced this in a document signed by Musa Raheem, Director of Administration, and addressed to the National Union of Pensioners.
“I am directed to inform you that the allocations for January – March and April – June 2024 have been released to the National Pension Commission.” Subject to the availability of money, more releases are planned before the end of the year to decrease the Contributory Pension Scheme’s outstanding pension liabilities.
“Please accept the assurances and kind respects of the Accountant-General of the Federation.”
According to reports On Wednesday, the retirees threatened to seize the Ministry of Finance on December 16 if their 21-month backlog pension was not paid.
The pensioners had previously held a peaceful march at the Ministry of Finance on November 12, 2024, and had written to the Coordinating Minister of Finance and National Economy, Wale Edun, expressing gratitude for the minister’s “mature and civilized” treatment of their complaints.
