Repatriated £26.5m colonial pension fund disbursed to pensioners – PTAD


The Pension Transitional Arrangement Directorate (PTAD) has announced that it has received 26.5 million pounds from the United Kingdom, an amount which was left over of the money used to pay British colonial officers who worked in Nigeria.

The Executive Secretary of PTAD, Chioma Ejikeme, disclosed this on Thursday during the 58th Ministerial briefing at the state house.

The PTAD chief said the amount recovered was used to clear outstanding arrears to pensioners across all the pension departments, particularly the huge arrears inherited from the defunct and privatized agencies.

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