By Chidi Ugwu
The Pension Transitional Arrangement Directorate (PTAD) hosted the House of Representatives Committee on Pensions for an official oversight visit at its headquarters in Abuja on Tuesday, September 9, 2025.
According to a statement signed by Olugbenga Ajayi, PTAD’s Head, Corporate Communications, the visit, led by Committee Chairman Honourable Jallo Hussaini Mohammed, focused on evaluating PTAD’s operations, budget performance for 2024, and progress in the first half of 2025.
In her welcome address, PTAD Executive Secretary Tolulope Odunaiya expressed gratitude for the Committee’s ongoing support and partnership.
She highlighted key achievements, including the successful implementation of a 20/28% pension increment, effective from January 2024, integrated into the September 2024 pension payroll, with all accrued arrears fully settled.
Odunaiya also noted ongoing payments for the N32,000, 10.66%, and 12.95% pension increments, funded through savings from the pension sub-head after monthly pension disbursements.
Odunaiya revealed that PTAD had secured Presidential approval to include critical pension-related items in the 2026 budget proposal.
These include funding for the full implementation of the N32,000 pension increment, settlement of unfunded pension liabilities, a proposed pension harmonization policy, and health insurance coverage for Defined Benefit Scheme (DBS) pensioners.
Reaffirming PTAD’s commitment to DBS pensioners, Odunaiya acknowledged the National Assembly’s vital oversight role in strengthening Nigeria’s pension administration. She also highlighted operational challenges and appealed for the Committee’s support in addressing them.
In response, Hon Jallo Hussaini Mohammed praised PTAD for its significant progress in enhancing pension payments and service delivery. He assured continued collaboration to prioritize the welfare of DBS pensioners as a national imperative.
The oversight visit underscores the shared commitment of PTAD and the National Assembly to improve pension administration and ensure the well-being of Nigeria’s pensioners.
