The Nigeria Customs Service (NCS) has disbursed N7.61 billion to nine Pension Fund Administrators (PFAs) for the payment of retirement benefits to 4,237 retired officers, reaffirming its commitment to improving the welfare of its pensioners.
The Comptroller-General of Customs, Adewale Adeniyi, announced the development during a dialogue with retired Customs officers held on Tuesday, July 14, 2026. He disclosed that the funds had already been released to the PFAs for onward payment into the beneficiaries’ individual accounts.
A breakdown of the beneficiaries showed that Access-ARM Pension Managers will pay 1,223 retirees, Premium Pension 2,268, Leadway Pensions 403, TrustFund Pensions 156, FCMB Pensions 144, Veritas Glanvills Pensions 28, Norrenberger Pensions 11, and Fidelity Pension Managers four retirees, bringing the total number of beneficiaries to 4,237.
Adeniyi stressed that the welfare of retired personnel remains a priority for the Service, noting that the institution must remain financially strong to meet its obligations to both serving officers and retirees.
He said the contributions of officers who dedicated decades of service to the Customs could not be separated from the future of the organisation, adding that the dialogue was convened to foster mutual understanding and address concerns raised by pensioners.
“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,” Adeniyi said.
The meeting was attended by the Deputy Comptroller-General of Customs in charge of Human Resources Development, Tijjani Abe, alongside other members of the Customs Management Team. They assured the retirees that issues raised during the engagement would receive due consideration at the Board and Management levels.
The retirees commended the Comptroller-General and the Management Team for creating a platform for direct engagement and responding to their concerns. They also urged the Service to institutionalise the dialogue to strengthen ties between serving and retired officers.
The engagement comes as the Federal Government continues efforts to improve pension administration following its decision to review the statutory 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).
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