Federal government pensioners say Nigeria’s pension system used to be notorious for fraud and filled with corrupt civil servants engaged in underhanded deals.

The pensioners stated this as the federal government commenced another round of biometric verification exercises for no fewer than 21,000 bonafide pensioners not captured during the 2019 exercise held in the South-West.

Seyi Adeniyi, a pensioner, said that the pension administration in Nigeria was nothing to write home about due to fraudulent practices.

“The system was notorious for fraud. There were government officials who engaged in the diversion of funds earmarked for pensioners to personal use,” he explained. “The situation has changed following the measures and structures put in place by the PTAD management. It has sanitised the system and restored hope to pensioners.”

Mr Adeniyi added, “A lot of material and human resources have been deployed to make the agency deliver on its goal.”