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<p>By Yusuf Danjuma Yunusa</p><div class="dMxIa91n" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

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<p>The Nigeria Customs Service, NCS, says it has released N7.61 billion to nine Pension Fund Administrators, PFAs, for the payment of retirement benefits to 4,237 retirees.</p>
<p>The Comptroller-General of NCS, Bashir Adeniyi, disclosed this during a dialogue with retirees, where he reaffirmed the service’s commitment to improving the welfare of its retired personnel.</p>
<p>NCS’s Spokesperson, Abdullahi Maiwada, in a statement on Friday in Abuja said the C-G announced that the funds had been disbursed to the PFAs for onward payment into the retirees’ individual accounts.</p><div class="MjxsQRpx" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

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<p>Mr Maiwada said the meeting followed ongoing efforts to improve pension of retirees following the Federal Government’s decision to review the statutory provisions governing pensions.</p>
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<p>This is includes Section 15(4) of the Pension Reform Act 2014, in line with Section 173(3) of the 1999 constitution, as amended.</p>
<p>He said that according to the breakdown presented at the meeting, Access-ARM Pension Managers accounted for 1,223 beneficiaries, Premium Pension 2,268, Leadway Pensions 403, TrustFund Pensions 156 and FCMB Pensions 144.</p>
<p>Others are Veritas Glanvills Pensions 28, Norrenberger Pensions 11 and Fidelity Pension Managers four, bringing the total number of beneficiaries to 4,237.</p>
<p>Addressing the retirees, Mr Adeniyi underscored the need for the service to remain strong and financially capable of meeting its obligations to serving officers and retirees.</p>
<p>He emphasised that the welfare of officers who had dedicated decades to the NCS was integral to the institution’s future.</p>
<p>The NCS boss urged the retirees to sustain constructive engagement with the service, describing it as necessary to foster mutual understanding.</p>
<p>“I acknowledged your (retirees) concerns and suggestions raised and it is in view of this we called for this dialogue.</p>
<p>“This is to promote better understanding and reduce the effect of rumours and unofficial information on the relationship between the service and its retired personnel,” he said.</p>
<p>The retirees thanked the C-G and his management team for creating a platform for direct engagement.</p>
<p>They also urged the service to sustain the dialogue as part of efforts to strengthen the relationship between serving officers and retired personnel.</p>
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