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Home Brand & Business Bite

PTAD, Budget Office Collaborate To Improve The Welfare Of Nigerian Pensioners

admin by admin
May 13, 2025
in Brand & Business Bite
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The Pension Transitional Arrangement Directorate (PTAD)

The Pension Transitional Arrangement Directorate (PTAD)

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The Pension Transitional Arrangement Directorate (PTAD) has partnered with the Budget Office of the Federation to set up a joint committee to address pension problems.

PTAD’s Executive Secretary, Tolulope Odunaiya, recently visited the Director General of the Budget Office of the Federation, Mr. Tanimu Yakubu, in Abuja, to highlight the need for improved pensioners’ welfare.

During the visit, Tolulope stressed that the partnership between the PTAD and the Budget Office will guarantee quick and effective resolution of pension-related problems.

Tolu believes a joint committee should be established to address the pressing pension problems because the last thing pensioners need is more stress after retirement.

Reaffirming PTAD’s commitment to pensioners and stakeholders, Tolulope disclosed that its statutory mandate remains the same, and it will continue to be operational.

According to her, the Pension Transitional Arrangement Directorate will keep committing to the transparent, fast, and efficient management of pension payments and related services for DBS Pensioners.

“We assure all stakeholders, especially our valued pensioners under the Defined Benefit Scheme (DBS), that its statutory mandate remains dear, unchanged, and fully operational. PTAD continues to be fully committed to the transparent, prompt, and efficient management of pension payments and related services for DBS Pensioners.

In alignment with the Renewed Hope Agenda of President Bola Tinubu, PTAD is intensifying its efforts to enhance the welfare and dignity of our Pensioners. This commitment reflects our core values and mission to deliver timely and effective pension administration, ensuring that no Pensioner is left behind.

We also reiterate our continued collaboration with all internal and external stakeholders to strengthen institutional relationships and promote optimum service delivery. The Directorate’s management enjoys the full support of relevant Government institutions, thereby ensuring a seamless working relationship across Agencies and fostering proactive approaches to addressing any operational challenges,” she said.

Tolu reminded Nigerians that it remains aligned with the vision and mission of the Renewed Hope Agenda to serve pensioners with excellence, accountability, and compassion.

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She then urged citizens to only rely on PTAD’s official communication channels for information and updates, and any other platform should be considered unverified.

“We remind our stakeholders that any information not officially issued or endorsed by PTAD should be treated as unverified and potentially misleading. Our communication channels remain open and reliable for all official updates.

The PTAD team remains focused, resilient, and unwavering in delivering on our mandate. Our collective efforts are aligned with the vision and mission of PTAD and the aspirations of the Renewed Hope Agenda to serve pensioners with excellence, accountability, and compassion,” she added.

Responding to Tolu’s comment, Mr. Tanimu agreed with the proposal and formally constituted the committee, comprising officials from both PTAD and the Budget Office.

The committee was charged with the responsibility of developing working solutions to ensure that pension obligations are met as quickly as possible.

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