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PTAD Concludes Verification of Ex-Workers of Savannah Sugar Company Limited - The Revealer
Pension

PTAD Concludes Verification of Ex-Workers of Savannah Sugar Company Limited

The Pension Transitional Arrangement Directorate (PTAD) has concluded the verification of Ex-workers of Savannah Sugar Company Limited (SSCL).

During the exercise, a total of 1,621 Ex-workers and Next of Kins (NoK) who presented themselves for the exercise were successfully verified and their biometrics captured.

This 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.

The verification exercise which started on Monday February 4th and ended on Wednesday February 13th in Jimeta – Yola, Adamawa State, saw a total of 1,290 Ex-workers and 331 NoKs turnout for the 9-day exercise.

According to the Executive Secretary, Sharon Ikeazor, the verification is for the payment of the balance of the one-off terminal benefits paid to them by the BPE in 2002 at the time of privatization.

Ex-workers in the diaspora who did not take part in the exercise have been assured that they can be verified at PTAD HQ, Abuja or PTAD North East Regional office in Yola, Adamawa State.

The verification of SSCL brings the total number of defunct/privatised agencies verified by PTAD to eight including Delta Steel Company (DSC), NITEL/Mtel, NICON Insurance Plc, New Nigeria Newspapers and Nigeria Reinsurance.

The Directorate has assured that preparations for the verification of all other treasury funded parastatals, including defunct/privatised agencies, has been completed and will commence shortly across the country.

 

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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