Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Lagos Admission List For Model Colleges Is Out

    July 24, 2026

    MILO Nigeria Launches Nationwide Text & Win Promotion to Reward Over Two Million Consumers

    July 24, 2026

    JAMB Commences NCE Agricultural Programme Admissions Without UTME Requirement

    July 24, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Kashim Shettima Will Run 2027 Election With Tinubu For Second Term Bid

      July 10, 2026

      INEC Uploads Peter Obi on Portal, Grants NDC Access 

      June 30, 2026

      President Tinubu Congratulates Oyebanji On Re-election As Ekiti Governor

      June 21, 2026

      Voting Exercise Commences Peacefully With INEC Ad-hoc Staff Early Arrival In Ekiti State. 

      June 20, 2026

      Itsekiri, Ijaw Decide on Rotation of Proposed Warri Federal Constituency II Seat

      June 13, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment July 24, 2026

      To Stregthen Cultural Partnership, Germany And Nigeria Engage In Film Week In 4 Cities

      Recent

      To Stregthen Cultural Partnership, Germany And Nigeria Engage In Film Week In 4 Cities

      July 24, 2026

      DJ Chicken Turns Respectful to Seyi Tinubu After Release, Adopts Caption “Hmm ddddy.”

      July 23, 2026

      Burna Boy, Africa’s Best-selling Artiste

      July 23, 2026
    • Business

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026

      Remi Tinubu Says FG Also Support Pepper, Boole Sellers And Others. 

      June 30, 2026

      FirstBank Reiterates SME Backing To Drive Long-term Economic Growth

      June 29, 2026

      SMEDAN Secures $12m Korean Intervention, Unveils N500m MSME Grow Fund.

      June 29, 2026
    • Health

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026

      New Ebola Outbreak Confirmed in Eastern Congo as Death Toll Rises

      May 15, 2026
    • Culture

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026

      Gov Adeleke Presents Staff of Office to Afilaka as Alatorin

      May 14, 2026
    • Lifestyle

      Fidelity Bank Reaches Out to 1,000 IDPs in Plateau with Food Bank Initiative

      July 24, 2026

      ARDA Honours Obasanjo at Observant of 20th Anniversary Special Recognition Award

      July 24, 2026

      Nigeria: The Belly of the Beast

      June 24, 2026

      The Room We Never Left: Trauma, Insecurity, and the African Child

      May 25, 2026

      Airbnb Expands Into Hotels, Car Rentals and Grocery Services Amid Global Regulatory Pressure

      May 21, 2026
    • Sports

      Plumptre Enters Another Two-year Contract with Al-Ittihad 

      July 24, 2026

      All Eyes On Team Nigeria As Glasgow 2026 Commonwealth Games Begin Friday

      July 23, 2026

      CAF Presents Record $5.8m WAFCON Prize Fund, Doubles Champions’ Reward to $2m

      July 23, 2026

      CAF Raises Number Of Participants In AFCON To 28 

      July 23, 2026

      FIFA Rankings: Super Eagles at fourth, Morocco Champion Africa Football 

      July 21, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » FEC Approves Exit Benefit Scheme to Boost Retirement Welfare of Federal Civil Servants
    News

    FEC Approves Exit Benefit Scheme to Boost Retirement Welfare of Federal Civil Servants

    Ifetayo AdeniyiBy Ifetayo AdeniyiMarch 6, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita  –

    The Federal Government has approved an exit benefit scheme designed to improve the retirement welfare of civil servants who have devoted their productive years to public service and national development.
    The Office of the Head of the Civil Service of the Federation said the scheme is intended to strengthen the financial security of retiring officers and enhance their post-service benefits.
    “The exit benefit scheme significantly enhances the retirement package of our officers and boosts confidence in the federal government’s commitment to their welfare,” the Head of the Civil Service of the Federation, Didi Walson-Jack, said.
    According to the Office of the Head of the Civil Service of the Federation, the approval followed recommendations from an inter-ministerial technical committee established to review retirement welfare in the federal civil service.
    The committee worked with several government institutions, including the National Pension Commission, the Budget Office of the Federation, and the Office of the Accountant-General of the Federation to develop a sustainable framework for implementing the scheme.
    The office explained that the collaboration was aimed at ensuring that the gratuity structure aligns with existing fiscal realities while strengthening the long-term financial security of retiring civil servants.
    Reacting to the development, Mrs Walson-Jack commended the Federal Executive Council for approving the initiative, describing it as a strong signal of the government’s recognition of the role civil servants play in national development.
    She noted that the approval reflects the administration of Bola Ahmed Tinubu’s commitment to improving the welfare of federal public servants and rewarding years of service to the country.
    Mrs Walson-Jack added that the scheme would significantly improve retirement packages for federal employees while also boosting morale across the civil service.
    In 2025, a report by Nairametrics stated that the Federal Executive Council had earlier approved a N58.47 trillion budget proposal for the 2026 fiscal year. The approval was granted at a special meeting of the council in Abuja and confirmed by the Director-General of the Budget Office, Tanimu Yakubu, during a post-meeting briefing.
    Mr Yakubu said the proposal aligns with the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper reviewed by the council as part of preparations for the 2026 budget.

    News
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleFour Police Officers, Others to Face Prosecution Over Killing of Traders in Lagos, Commissioner Vows
    Next Article Trump Praises Ronaldo During White House Event With Messi
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News July 24, 2026

    Nigerian Imports Slammed with 12.5 Per cent Tariff by US

    News July 24, 2026

    Tinubu Gives Content for Expansion of Nigerian Army Increase to 12 Divisions

    Education July 23, 2026

    Governor Dauda Lawal Signs Landmark Education Reform Orders, Rolls Out National Curriculum in Schools

    Banking & Finance July 23, 2026

    Digital Payment Initiative Responsible for Scarcity of N100, N200 Notes ~ Cardoso

    News July 22, 2026

    US President Trump Writes, Hails Tinubu’s Move to Curb Terrorism in Nigeria

    News July 22, 2026

    OGD Responds to Leaked Audio, Describes Recording as Doctored, Orders Investigation

    Leave A Reply Cancel Reply

    Don't Miss
    Education July 24, 2026

    Lagos Admission List For Model Colleges Is Out

    Megastarmagazine reports that the Lagos State Government has released the merit admission list for candidates…

    MILO Nigeria Launches Nationwide Text & Win Promotion to Reward Over Two Million Consumers

    July 24, 2026

    JAMB Commences NCE Agricultural Programme Admissions Without UTME Requirement

    July 24, 2026

    Fidelity Bank Reaches Out to 1,000 IDPs in Plateau with Food Bank Initiative

    July 24, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    AMPMAN congratulates Anambra Governor-Elect, Prof Charles Soludo

    November 14, 2021

    Seasons Greetings!

    December 25, 2021

    Late Capt. Hosa Immortalize As Keffi Polo Tournament Dedicates Trophy

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.