FG Clears ₦39.6bn Pension Arrears, Ends DBS Backlog

By Oluwakemi Kindness The Federal Government says it has cleared ₦39.6 billion in long-standing pension arrears under the Defined Benefit Scheme (DBS), bringing inherited pension liabilities to an end and providing relief to more than 24,000 retirees. According to a statement issued on Friday by the Federal Ministry of Finance and PTAD, the payments cover […]