The Nigeria Customs Service (NCS) has released N7.61 billion to nine Pension Fund Administrators (PFAs) for the payment of retirement benefits to 4,237 retired officers, as the Comptroller-General of Customs, Adewale Adeniyi, reaffirmed the Service’s commitment to improving the welfare of its pensioners.
Adeniyi disclosed this during a dialogue with retired Customs officers held on Tuesday, July 14, 2026, where he announced that the funds had already been transferred to the PFAs for onward payment into the beneficiaries’ individual retirement accounts.
According to the breakdown presented at the meeting, Access-ARM Pension Managers will pay 1,223 retirees, Premium Pension has 2,268 beneficiaries, Leadway Pensions 403, TrustFund Pensions 156, FCMB Pensions 144, Veritas Glanvills Pensions 28, Norrenberger Pensions 11, while Fidelity Pension Managers will pay four retirees, bringing the total number of beneficiaries to 4,237.
Speaking during the engagement, the Comptroller-General stressed that the Nigeria Customs Service must remain financially strong to meet its obligations to both serving and retired personnel.
He noted that the welfare of officers who dedicated decades of service to the organisation was crucial to sustaining the institution’s future.
Adeniyi also urged the retirees to maintain constructive engagement with the Service, saying the dialogue was convened to address concerns, strengthen mutual understanding and dispel rumours capable of straining relations between the Service and its retired personnel.
“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,” he said.
The meeting was attended by the Deputy Comptroller-General of Customs in charge of Human Resources Development, DCG Tijjani Abe, alongside other members of the Customs Management Team, who assured the retirees that the issues raised would receive due consideration at both the Board and Management levels.
The retirees commended Adeniyi and the Customs management for providing a platform for direct engagement and responding to their concerns. They also appealed for the dialogue to be sustained to further strengthen ties between serving officers and retired personnel.
The engagement was coming amid ongoing efforts by the Federal Government to improve pension administration following moves to review 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).
