Home Active Customs Releases N7.61bn Retirement Benefits to 4,237 Former Officers
ActiveBusinessNigeria

Customs Releases N7.61bn Retirement Benefits to 4,237 Former Officers

Share
Share

By Benson Daniel

The Nigeria Customs Service (NCS) has released N7.61 billion for the payment of retirement benefits to 4,237 former officers, in a move aimed at addressing pension obligations and improving the welfare of personnel who have exited active service.

The funds were transferred to nine Pension Fund Administrators (PFAs) for onward payment into the retirement savings accounts of the beneficiaries. The development is expected to provide financial relief to the retirees after years of dedicated service to the nation.

The payment was disclosed during an engagement between the Comptroller General of Customs, Adewale Adeniyi, and retired officers of the Service, where welfare concerns and the challenges faced by former personnel were discussed.

Adeniyi said the Customs management remains committed to supporting its retirees and ensuring that officers who contributed to the growth of the Service receive their entitlements in line with established pension procedures.

He added that continuous engagement with retired officers would remain a key part of the Service’s approach to identifying and addressing issues affecting their welfare.

The latest intervention comes amid wider concerns over delayed pension payments and the need for stronger support systems for retired public servants.

The Customs Service said it would continue to implement measures that promote better welfare for its former officers while maintaining a strong relationship between serving personnel and retirees. The payment, according to the Service, reflects its commitment to honouring the contributions of officers who spent their careers protecting the nation’s economic interests.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Nigeria Urges Vietnam to Double Bilateral Trade to $2bn

The Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Dunoma Ahmed,...

Zamfara Abductors Demand N30m Ransom for Six Islamic Clerics

The clerics were reportedly intercepted along the Dakko-Damri feeder road in Bakura...

Isma’il Ishaq Magaji, has died after being struck by a stray bullet during a land dispute in his hometown.

Magaji, a student in the Department of Public Administration, was reportedly caught...

US Fashion Council CEO Resigns After Restraining Animal Rights Protesters

Steven Kolb has resigned as chief executive and president of the Council...