The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has signed a Memorandum of Understanding (MoU) with the Pension Transitional Arrangement Directorate (PTAD), formalizing a strategic partnership to curb pension fraud and protect the entitlements of Nigerian retirees.
Speaking at the signing ceremony, ICPC Chairman, Dr. Musa Adamu Aliyu, SAN, lamented the hardships pensioners have suffered due to fraudulent practices, regretting that pension funds intended to provide security and comfort for retirees have too often become targets for unscrupulous individuals.
The ICPC Chairman stated emphatically that “the era of tolerating such acts is over. By combining PTAD’s robust, increasingly digitized database with the investigative and prosecutorial powers of ICPC, we are creating a formidable force against pension fraud.”
This partnership, Dr. Aliyu declared, “will enable information sharing, joint investigations, and swift prosecution of those who prey on our elders.”
He further appealed to Nigerians to support government efforts to ensure retirees live with dignity. “We owe it to our parents and grandparents, who dedicated their lives to this nation, to guarantee that their post-service years are marked by peace, not endless struggles for entitlements,” he added.
In her remarks, PTAD Executive Secretary, Tolulope Abiodun Odunaiya, described the collaboration as a defining moment in the service of pensioners. She affirmed that the MoU reflects the agencies’ shared commitment to transparency, accountability, and good governance.
“The signing of this MoU is a clear testament to our joint resolve to uphold integrity and deliver on our mandates to pensioners and stakeholders. The tireless efforts of the technical teams from both institutions in crafting this comprehensive agreement are highly commendable, as the framework is designed to deliver tangible outcomes for retirees and the Nigerian people,” Odunaiya said.
The MoU was jointly signed by the leadership of both agencies in the presence of their management teams, marking a strategic milestone in inter-agency cooperation to safeguard the rights and entitlements of Nigerian pensioners.