By Sabiu Abdullahi
The Nigeria Customs Service (NCS) has disbursed ₦7.61 billion in retirement benefits to 4,237 retired officers through 9 Pension Fund Administrators (PFAs), as the Comptroller-General of Customs, Adewale Adeniyi, reiterated the agency’s commitment to the welfare of its former personnel.
Adeniyi announced the payment during a dialogue with retired Customs officers. He said the funds had already been released to the PFAs for distribution into the beneficiaries’ individual accounts.
According to details presented at the meeting, Access-ARM Pension Managers received funds for 1,223 retirees, while Premium Pension accounted for 2,268 beneficiaries. Leadway Pensions covered 403 retirees, TrustFund Pensions had 156 beneficiaries, FCMB Pensions received payments for 144 retirees, Veritas Glanvills Pensions had 28 beneficiaries, Norrenberger Pensions covered 11 retirees, and Fidelity Pension Managers received funds for 4 beneficiaries, making a total of 4,237 retirees.
The Comptroller-General said the Customs Service must remain financially strong enough to meet its obligations to both serving and retired officers. He added that the well-being of officers who devoted many years to the Service remains closely linked to the institution’s future.
He also encouraged retirees to continue engaging constructively with the Service. According to him, “I acknowledged your concerns and suggestions raised, and it is in view of this we called for this dialogue to promote better understanding and reduce the effect of rumours and unofficial information on the relationship between the Service and its retired personnel.”
The meeting also had in attendance the Deputy Comptroller-General of Customs in charge of Human Resources Development, DCG Tijjani Abe, alongside other members of the management team. They assured the retirees that the issues raised during the engagement would receive due consideration at the Board and management levels.
The retired officers thanked the Comptroller-General and the management team for creating an avenue for direct interaction. They also appealed to the Service to make such engagements a regular feature to strengthen ties between serving and retired personnel.
The dialogue comes as the Federal Government continues efforts to improve pension benefits. The initiative follows plans to review the legal provisions governing pensions, including Section 15(4) of the Pension Reform Act 2014, in line with Section 173(3) of the 1999 Constitution, as amended.
