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PTAD Pays N1.024bn to Ex-Workers, NoK of Savannah Sugar Company Limited - The Revealer
Pension

PTAD Pays N1.024bn to Ex-Workers, NoK of Savannah Sugar Company Limited

The Pension Transitional Arrangement Directorate (PTAD) has made the payment of the sum of N1,024,424,891.06,  outstanding severance benefit to 1,596 verified eligible Ex-workers and Next of kin (Nok) of deceased ex-workers of Savannah Sugar Company Limited (SSCL).

This is in line with President Muhammadu Buhari’s promise to resolve and ensure the accurate computation and payment of the balance of the one-off terminal benefits for the workers who were disengaged in 2002 when the company was privatised.

A total of 1,192 ex-workers will receive N723,546,067.24 (Seven Hundred and Twenty Three Million, Five Hundred and Forty Six Thousand, Sixty Seven Naira, Twenty Four Kobo) while 404Nok will receive N300,878,823.82 (Three Hundred Million, Eight Hundred and Seventy Eight Thousand, Eight Hundred and Twenty Three Naira, Eighty Two Kobo).

The Directorate has advised ex-workers in the diaspora who did not take part in the verification and biometric capture in Jimeta – Yola, Adamawa State in February 2019 to visit PTAD Head Quarters, Abuja or PTAD North East Regional office in Yola, Adamawa State when they return to the country to be verified.

They will be required to present the original and photocopies of their career documents, Original stamped and signed Bank Statement for 1 month, BVN Slip with clear picture (stamped and signed by the bank), valid means of Identification and 1 colored passport photograph.

 

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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