Why military retirees' allowances are delayed - Pension board

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Why military retirees' allowances are delayed - Pension board
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The Military Pensions Board says the delay in the receipt of payment of Security Debarment Allowance by eligible military retirees was due to hitches between the Central Bank of Nigeria and disbursing banks.

The Chairman of the board, Rear Adm. Saburi Lawal, made this known in a statement on Wednesday in Abuja.

He said the board had, however, assured the retirees that efforts were being made to resolve the observed problems and commence payment. “It is pertinent to clarify that the delay is not caused by the board. It is a result of some technical hitches experienced in the execution of the MPB’s mandate by the Central Bank of Nigeria and the commercial banks earlier mentioned.

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