INTERVIEW: Payment of 33% arrears to over 180 agencies uncompleted — Ex-PTAD Boss
Executive Secretary, Pension Transitional Arrangement Directorate, PTAD, Barr. Sharon Ikeazor [Photo: icpc.gov.ng]Prior to her appointment as the Minister of State for Environment, Sharon Ikeazor, was the Executive Secretary, Pension Transitional Arrangement Directorate . On her last day in office, she spoke with Business & Economy Editor, Bassey Udo, on the challenges and achievements of the office.
What I saw was the F-word everywhere. Fraud all over the place. I said no, this is not Nigeria of my dream. One brush of tar cannot tar everybody. If one person does something wrong, that does not mean everybody is bad. In that audit, there were casualties. I don’t want to go back there. I believe there must be consequences for action.
I believe the government is in the business of building trust with the people. I am glad to say that PTAD has built that trust among pensioners. Following the completion of the Civil Service Pensions Department verification exercise, we computed pension benefits and re-enrolled over 33,044 civil service pensioners who were wrongly taken off the payroll.
PTAD is yet to complete the payment of 33 per cent arrears to retirees under the Treasury-funded parastatals. This is sure to be resolved after the conclusion of the nation-wide parastatals verification. Also, we have successfully verified and computed pension benefits of about 26,432 Treasury-funded parastatals pensioners, out of which about 21,811 of them have already been pay-rolled.
Pensioners of defunct agencies, such as the Nigerian Telecommunications Limited , Savannah Sugar, Delta Steel Company, National Insurance Company of Nigeria Re-insurance have since been verified and pay-rolled for monthly pensions, and in some cases, paid off.Inadequate funding appears to remain a challenge to PTAD’s mandate. How did you handle it? Or has the challenge been resolved?We cannot say the challenge has been resolved. Government has many responsibilities competing for attention.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
INTERVIEW: How Nigeria can tackle insecurity - Lawmaker - Premium Times NigeriaThe former officer of the State Security Service explains how Nigeria can effectively address its security challenges
Read more »
INTERVIEW: Why APC will win Kogi governorship election - Oshiomhole, Bello - Premium Times NigeriaThe National Chairman of the APC, Adams Oshiomhole, and Governor Yahaya Bello, on Friday, met with President Muhammadu Buhari at the Aso Rock Villa.
Read more »
Premium Times Daily data-react-helmet=trueBreaking news, Investigations, Multimedia, Analysis, Opinion, Business, Sports & more... by Premium Times data-react-helmet=true
Read more »
JUST IN: Police arrest suspected kidnappers of lawmaker, ABU students - Official - Premium Times NigeriaJUST IN: Police arrest suspected kidnappers of lawmaker, ABU students – Official
Read more »
Premium Times Daily data-react-helmet=trueBreaking news, Investigations, Multimedia, Analysis, Opinion, Business, Sports & more... by Premium Times data-react-helmet=true
Read more »
17 killed, seven kidnapped in violent attacks in Nigeria last week - Premium Times NigeriaPREMIUM TIMES reported that 53 people were killed and 73 abducted in August.
Read more »