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Home Uncategorized

Customs Disburses N7.61 Billion Pension to 4,237 Retirees, Adeniyi Reaffirms Welfare Commitment

By Nkechi Eze

newspegonline24 by newspegonline24
July 17, 2026
in Uncategorized
Reading Time: 2 mins read
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Customs Disburses N7.61 Billion Pension to 4,237 Retirees, Adeniyi Reaffirms Welfare Commitment
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The Nigeria Customs Service (NCS) has disbursed N7.61 billion to nine Pension Fund Administrators (PFAs) for the payment of retirement benefits to 4,237 former personnel, as the Comptroller-General of Customs, Adewale Adeniyi, reaffirmed the Service’s commitment to improving the welfare of its retirees.

Adeniyi disclosed this during a dialogue with retired Customs officers held on Tuesday, 14 July 2026, stating that the funds had already been released to the PFAs for onward payment into the beneficiaries’ individual accounts.

The disbursement is expected to provide prompt access to retirement benefits for thousands of former officers and reflects ongoing efforts by the Service to strengthen support for its retired workforce.

According to figures presented at the meeting, Access-ARM Pension Managers received funds for 1,223 beneficiaries, while Premium Pension accounted for 2,268 retirees. Leadway Pensions had 403 beneficiaries, TrustFund Pensions 156, FCMB Pensions 144, Veritas Glanvills Pensions 28, Norrenberger Pensions 11 and Fidelity Pension Managers four, bringing the total number of beneficiaries to 4,237.

Speaking during the engagement, Adeniyi stressed that the long-term strength of the Nigeria Customs Service depends on its ability to meet its obligations to both serving and retired personnel.

He noted that the welfare of officers who devoted decades of service to the organisation remains a priority, adding that the future of the institution cannot be separated from the well-being of its retirees.

The Comptroller-General also encouraged retired officers to maintain open communication with the Service, saying the dialogue was convened to address concerns, promote mutual understanding and reduce the spread of rumours and unofficial information affecting relations between the Service and its retired personnel.

Senior management officials, including the Deputy Comptroller-General of Customs in charge of Human Resources Development, DCG Tijjani Abe, attended the meeting and assured the retirees that issues raised during the engagement would receive due consideration at the Board and Management levels.

The retirees commended the Comptroller-General and the Customs management for providing a platform for direct engagement and appealed for the dialogue to be sustained to further strengthen the relationship between serving officers and retired personnel.

The meeting comes as the Federal Government continues efforts to enhance pension administration through a review of statutory provisions governing pensions, including Section 15(4) of the Pension Reform Act 2014, in line with Section 173(3) of the 1999 Constitution (as amended).

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