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FG Reacts To Allegation Of Missing N2.5bn Military Pension Fund

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The Military Pensions Board has said that no money was missing from the military pension fund, describing the report of a missing N2.5 billion as outrageous and spurious.

In a statement on Wednesday in Abuja, Public Relations Officer of the Board, Flt.-Lt. Olayinka Lawal also denied the allegation that the missing funds were looted by members of the board and some top military chiefs.

Olayinka said the report is a deliberate falsehood being peddled by some online and social media news outlets to tarnish the good image of the board.

Lawal urged pensioners and all Nigerians to disregard, the report, assuring the public that the military pensions administration was in safe hands.

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He also assured the retirees that the board would remain devoted to sustaining the prompt payment of all entitlements of military retirees or their next-of-kins in a transparent and accountable manner.

Lawal also assured the public that the board would uphold the principles of fairness and service to humanity in the discharge of its mandate.

“The board has no link with the names published in the false publication. There are no records of the names listed in the publication at the Military Pensions Board.

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“The MPB has chosen to set the records straight and defend itself in the court of public opinion.

“Nigerians are encouraged to find out from qualified military pensioners across the country on the promptness of the payment of their entitlements.

“As of today, MPB does not owe any pensioner monthly pensions and will continue to work assiduously to ensure that the standards are maintained,” he said.

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