Boomers finally got their massive payout from the government vault. PTAD dropped nearly fifty-six billion naira in December 2025 to settle old debts for retirees under the Defined Benefits Scheme. Olugbenga Ajayi confirmed that the agency split the cash between regular monthly stipends and a huge chunk for back pay. This transfer clears outstanding obligations related to specific salary bumps and death benefits.
The breakdown shows Civil Service retirees grabbed the biggest slice at over sixteen billion naira. Defunct agencies took home fifteen billion, while parastatals received roughly half that amount. Customs and prison staff saw some funds flow their way alongside university workers. Next-of-kin collected close to three hundred million dollars for deceased relatives.
Most arrears tied to the thirty-two thousand naira hike are completely gone across nearly every department. Only a single month remains unpaid for the education and parastatal sectors. Tolulope Odunaiya claims this move proves the administration cares about senior citizens. She promised to wipe the final debt slate clean soon to support elderly welfare.
The breakdown shows Civil Service retirees grabbed the biggest slice at over sixteen billion naira. Defunct agencies took home fifteen billion, while parastatals received roughly half that amount. Customs and prison staff saw some funds flow their way alongside university workers. Next-of-kin collected close to three hundred million dollars for deceased relatives.
Most arrears tied to the thirty-two thousand naira hike are completely gone across nearly every department. Only a single month remains unpaid for the education and parastatal sectors. Tolulope Odunaiya claims this move proves the administration cares about senior citizens. She promised to wipe the final debt slate clean soon to support elderly welfare.
