The Pension Transitional Arrangement Directorate (PTAD) has commenced the payment of the newly approved pension increments for pensioners under the Defined Benefit Scheme (DBS), following the release of ₦20.188 billion from the Federal Government.

The increment — which covers ₦32,000, 10.66%, and 12.95% adjustments for eligible pensioners — has been included in the September 2025 payroll cycle. The development follows President Bola Ahmed Tinubu’s approval of an emergency budgetary allocation of ₦45 billion to address pension arrears, with the first tranche now disbursed by the Federal Ministry of Finance.

According to PTAD, the move reaffirms the government’s commitment to safeguarding the welfare of pensioners in line with the Renewed Hope Agenda.

PTAD expressed appreciation to President Tinubu for approving the emergency allocation, as well as to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Minister of State for Finance, Dr. Doris Uzoka-Anite; the Chief of Staff to the President, Hon. Femi Gbajabiamila; the Special Adviser to the President on Revenue, Dr. Zacch Adedeji; the Accountant-General of the Federation, Mr. Shamseldeen B. Ogunjimi; the National Assembly Committees on Pensions and Establishment; and other stakeholders whose interventions ensured the release of funds.

The Directorate also commended the leadership of the Nigeria Union of Pensioners (NUP) and the Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) for their cooperation and support throughout the process.

PTAD assured pensioners that efforts are ongoing to secure the release of the outstanding balance from the approved ₦45 billion, while pledging continued collaboration with relevant authorities to sustain reforms in the Defined Benefit Scheme.