FEDERAL GOVERNMENT CLEARS ₦18.96bn PHCN PENSION ARREARS

The Federal Government says it has fully cleared the 18.96 billion naira in pension arrears owed to retirees of the defunct Power Holding Company of Nigeria. A statement by the Finance Minister and Coordinating Economy, Ogunwumiju Moyinolorun Taiwo confirms that the Pension Transitional Arrangement Directorate (PTAD) has paid the final 50 percent...