Reps Ask PTAD To Include Grants, Others In 2026 Budget

House of Representatives Committee connected Pensions has called connected the Pension Transitional Arrangement Directorate (PTAD) to code gratuity provisions, superior task implementation and comply with Corporate Social Responsibility (CSR) requirements successful the 2026 budget.

The committee besides lauded PTAD for its dependable advancement successful implementing pension reforms and improving the payment of retirees nether the Defined Benefit Scheme (DBS).

Speaking during the Directorate’s 2025 fund show presumption successful Abuja, PTAD’s Executive Secretary, Tolulope Odunaiya, outlined cardinal milestones achieved contempt backing challenges.

These see the seamless implementation of the 28% pension summation approved successful 2024, outgo of arrears to implicit 155,000 pensioners, and caller statesmanlike approvals to wide outstanding arrears, present wellness security sum for pensioners, and fortify the Defined Benefit Scheme.
Odunaiya disclosed that N128.9 cardinal was appropriated for pensions successful 2025, with N62.7 cardinal released by June and N56.6 cardinal already utilised, representing 91.2% of releases.

She added that portion nary allocation was made for gratuities successful the existent twelvemonth owed to an oversight, PTAD continues to conscionable its pension obligations and is moving with the Federal Government to code unfunded liabilities and different challenges.

The Executive Secretary besides admitted that nary funds were appropriated for gratuities successful the 2025 fund owed to what she described arsenic an “inexplicable oversight,” contempt N777.8 cardinal being allocated and afloat released successful 2024.

She besides disclosed that N25 cardinal was appropriated for unfunded pension liabilities successful 2025, with N13 cardinal released and N8.7 cardinal utilised truthful far.

“On unit expenditure, N2.4 cardinal was appropriated for 2025, of which N1.09 cardinal had been released and afloat utilised. Overhead costs recorded N1.49 cardinal successful appropriations, with N434 cardinal released and N334 cardinal expended by mid-year.

“Capital expenditure of N820 cardinal has yet to beryllium implemented owed to delays arising from the bottom-up currency travel absorption argumentation and the hold of the 2024 superior fund to December 2025,” Odunaiya stated.

The committee, chaired by Hon. Jallo Hussaini Mohammed, commended PTAD for what helium described arsenic “tangible efforts to safeguard the payment of pensioners,” noting that the Directorate has consistently demonstrated committedness to accountability and work delivery.

However, the president reminded the bureau of the request to clasp CSR successful its plans, saying the committee would guarantee those provisions are reflected successful the 2026 fund of each pension-related agencies.

“Corporate societal work is not conscionable astir compliance, it’s astir giving back. As we determination into the 2026 fund year, we privation to spot CSR captured by each pension agencies, including PTAD,” Mohamed said.

He assured pensioners that the National Assembly remains committed to protecting their rights and ensuring punctual outgo of entitlements, adding that the committee would proceed to enactment intimately with PTAD to resoluteness outstanding issues.

The lawmaker besides pledged continued oversight enactment and PTAD, expressing gratitude for the House Committee’s guidance and collaboration.

“The House has directed america to transportation retired thorough oversight of pension agencies. Activities successful 2026 volition not beryllium concern arsenic usual. We volition enforce accountability and guarantee pensioners get what is owed to them,” helium stated.