‎FG clears 17-year pension backlog with N758bn intervention bond

🇳🇬 Punch Nigeria (NG) —
‎FG clears 17-year pension backlog with N758bn intervention bond

AI Summary

Nigeria’s federal government says it has cleared pension liabilities accumulated since 2007 using a N758 billion intervention bond. The action is reported to benefit 957,045 retirees and resolves a long-running backlog.

The Federal Government has cleared all inherited pension liabilities dating back to 2007 with a N758bn intervention bond, benefiting 957,045 retirees. Read More: https://punchng.com/fg-clears-17-year-pension-backlog-with-n758bn-intervention-bond/

Politics Markets Nigeria pensions intervention bond public finance retirees government

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