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FG Admits Lack Of Funds To Pay Pension Arrears

FG Admits Lack Of Funds To Pay Pension Arrears

Minister of Budget and National Planning and the Minister of Finance have disclosed that the Federal Government lacks the funds to upset mounting pension liabilities.

FG Releases N54bn To Pay Retirees Pension Backlog

FG Releases N54bn To Pay Retirees Pension Backlog

The Federal Government has released N54 billion to clear part of the backlog of accrued pension rights of retirees for the years 2014, 2015 and 2016.

Former Police Pension Boss Embezzled N24bn, Owns 22 houses –Witness

Former Police Pension Boss Embezzled N24bn, Owns 22 houses –Witness

The EFCC witness told the court that Mr. Gadanya laundered the money into separate accounts in Skye Bank between 2008 and 2010. Justice Husseni Baba-Yusuf has adjourned the trial till Thursday (today) for continuation.

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