Customs Releases N7.61bn to Pension Administrators for Payment to 4,237 Retirees
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 (CGC), Adewale Adeniyi, reaffirmed the Service’s commitment to improving the welfare of its pensioners.
Adeniyi made the disclosure during a dialogue with retired personnel of the Service held on Tuesday, 14 July 2026, where he announced that the funds had already been disbursed to the designated PFAs for onward payment into the individual accounts of the beneficiaries.
He described the payment as part of the Service’s efforts to ensure retired officers receive their entitlements promptly, while also strengthening confidence in the Customs pension administration process.
According to a breakdown presented at the meeting, Access-ARM Pension Managers accounted for 1,223 beneficiaries, while Premium Pension had the highest number with 2,268 retirees.
Leadway Pensions was responsible for 403 beneficiaries, TrustFund Pensions 156, FCMB Pensions 144, Veritas Glanvills Pensions 28, Norrenberger Pensions 11 and Fidelity Pension Managers four, bringing the total number of beneficiaries to 4,237.
Addressing the retirees, Adeniyi stressed that the welfare of former officers remained a priority for the Service, noting that the institution’s future depended not only on its serving personnel but also on how it treated those who had devoted years of service to the organisation.
He said the Nigeria Customs Service must remain financially strong and capable of meeting its obligations to both serving officers and retirees, adding that the well-being of retired personnel could not be separated from the long-term sustainability and reputation of the Service.
The Comptroller-General also appealed to the retirees to maintain open and constructive engagement with the Service, explaining that the dialogue was convened to address concerns directly and eliminate misinformation.
“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,” Adeniyi 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.
The management assured the retirees that issues raised during the engagement would receive due consideration at both the Board and Management levels, with a view to improving pension administration and retirees’ welfare.
The retired officers commended Adeniyi and the Customs management for creating a platform for direct interaction and responding to their concerns.
They also appealed for the dialogue to become a regular feature, saying sustained engagement would further strengthen the relationship between serving officers and retired personnel.
The latest development comes as the Federal Government continues efforts to enhance pension administration across the public service following its decision to review statutory provisions governing pensions, including Section 15(4) of the Pension Reform Act 2014, in line with the provisions of Section 173(3) of the 1999 Constitution (as amended).
The review is expected to improve pension benefits and ensure better welfare for retirees across government institutions, including the Nigeria Customs Service.
