• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

FG receives £26.5m repatriated pension funds

William Ukpe by William Ukpe
June 30, 2021
in Business News, Funds Management, Spotlight
Defunct NITEL/MTEL pensioners get N842.8 million pension arrears 

Dr. Chioma Ejikeme

Share on FacebookShare on TwitterShare on Linkedin

The federal government through the Pension Transitional Arrangement Directorate (PTAD) announced that it received the sum of  £26.5 million as repatriated pension funds from Crown Agents Investment Management (CAIM).

This was disclosed on Tuesday in Abuja by Dr Chioma Ejikeme, the Executive Secretary of PTAD,  in a statement released by Mr Gbenga Ajayi, PTAD’s Head of Corporate Communications.

READ: Are Nigerian Pension Funds killing the stock market?

RelatedStories

Zainab Ahmed, says 2023 budget has N12.43 trillion deficit

Pension: FG announces plans to liquidate outstanding arrears for defunct agencies

December 15, 2021

The PTAD boss added that the repatriated pension funds had been under investment with CAIM of the United Kingdom, citing that the funds were approved by the Presidency after series of meetings between PTAD Management, Office of the Accountant-General of the Federation and CAIM.

She also added that part of the funds would be used to settle accrued arrears to pensioners valued at over N120 billion.

“This development is indeed a very happy and welcomed one for our senior citizens,” she stated.

READ: Why PenCom should pay attention to the financial health of Nigerian banks

In case you missed it

Nairametrics reported last week that PenCom said despite the requirement in the Pension Reform Act of 2014, thirty-one states of the federation have no insurance coverage in place for workers as of March 2021.


Follow us for Breaking News and Market Intelligence.
Tags: Crown Agents Investment Management (CAIM)Pension Reform Act of 2014Pension Transitional Arrangement Directorate (PTAD)
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Zainab Ahmed, says 2023 budget has N12.43 trillion deficit
Business

Pension: FG announces plans to liquidate outstanding arrears for defunct agencies

December 15, 2021
Next Post
Germany announces plans to return looted Benin artifacts

Germany announces plans to return looted Benin artifacts

Comments 3

  1. Hossana black says:
    June 30, 2021 at 2:54 pm

    You better do so….theifs

    Reply
  2. peter adedayo alade says:
    October 11, 2021 at 12:49 pm

    Please I will be interested in going to New Zealand with my family for skilled work. Thanks.

    Reply
  3. Isaac omafuwe Ruth says:
    July 14, 2022 at 11:07 am

    Please I’m interested to study at New Zealand thanks.

    Reply

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • Stock Market Spotlight: BETAGLAS leads with 414% surge, 18 others gain over 100% in H1 2025 
  • Dantata & Sawoe advised to resolve $1.4 Million Dangote project debt in Court
  • Lagos Govt attributes city flash floods to high tides from Atlantic Ocean, Lagos Lagoon 

Follow us on social media:

Recent News

Beta Glass Plc, the glass container industry leader, grows production to optimally serve West and Central African markets

Stock Market Spotlight: BETAGLAS leads with 414% surge, 18 others gain over 100% in H1 2025 

July 9, 2025
Dangote Plant: Dantata and Sawoe accused of failing to settle $1.4 million debt terms 

Dantata & Sawoe advised to resolve $1.4 Million Dangote project debt in Court

July 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics