Omolola Oloworaran, PenCom director-general (DG), addressed employees and pension desk officers on the contributory pension scheme (CPS) at a two-day workshop in Lagos on Wednesday.

Oloworaran said PenCom is finalising the payment of N758 billion pension arrears, dating back nearly two decades, before year-end, following President Bola Tinubu’s bond approval.

“The waiting time is almost over; we are at the finishing line,” she said.

“Very soon, all retirees under the CPS with outstanding benefits will be paid, thanks to the bold step taken by President Tinubu, who has shown genuine care for ordinary Nigerians.

“This ordinarily would’ve been paid earlier, but I like to take my time to ensure the necessary things are done.“