FG establishes CBN account for retiree benefits
The Federal Government has opened a special CBN account for the new Exit Benefit Scheme, ensuring transparent and timely payment of retiree benefits for ci Read More: https://punchng.com/fg-opens-special-cbn-account-for-retirees-benefits/
The Federal Government has created a dedicated account at the Central Bank of Nigeria for the Exit Benefit Scheme. This move aims to streamline the process of paying benefits to retirees. The new system is designed to ensure transparency and efficiency. It will help prevent delays in the disbursement of funds. The account is part of broader efforts to improve public service delivery. Officials say it will enhance trust in the pension system. The initiative is expected to benefit thousands of retirees across the country.
This initiative aims to improve the efficiency and transparency of pension payments to retirees.
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