24.9 C
Abuja

Osun releases additional funds to pay pensioners after ICIR’s report

Related

1min read

ADEGBOYEGA Oyetola, Osun state governor, has released an additional sum of N708 million to further offset pension arrears of retired officers of the State civil service.

Four weeks after The ICIR published a special report that exposed the travails of the retired Osun pensioners; the state government had in December 2020, released the sum of N1 billion naira for the settlement of the pensioners.

Read AlsoOn their own: How Osun retirees are denied of their salaries and pensions

Another batch of funds worth N200 million was also released to the pensioners in the first week of January.

This latest release was contained in an issued statement by Festus Olowogboyega Oyebade, the state head of service, on Friday.

According to the statement, “the sum of Five Hundred and Eight Million Naira (N 508,000,000) of the released sum was approved for the payment of retired civil servants, while an additional sum of One Hundred and Fifty Million Naira (N 150,000,000) was approved for the payment of retirees under the contributory pensions scheme.”

Read Also: Osun State government commences payment of pensioners

He added that an additional N50 million has also been approved for the payment of gratuities of retired officers under the old pension scheme.

He noted that the list of beneficiaries of the approved sum has been pasted on the notice board of the ministry of information and civic orientation,  the state’s pension bureau and the office of the head of service.

- Advertisement -

The governor assured all workers, both serving and retired that all efforts will be made to always give their welfare the priority it deserves.

Vincent Ufuoma is a reporter with The ICIR. He is a lover of God, truth, knowledge and justice.

- Advertisement -
- Advertisement -
Advertisement
Vincent Ufuomahttp://icirnigeria.org
Vincent Ufuoma is a reporter with The ICIR. He is a lover of God, truth, knowledge and justice.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Support the ICIR

We need your support to produce excellent journalism at all times.

Recent

Finance experts make case for venture capital  in CBN’s N15trn Infrastructure Fund

FINANCIAL experts are making a strong case for venture capital to boost Nigeria’s infrastructural...

Emmanuel signs Akwa Ibom’s anti-open grazing bill into law

AKWA Ibom State Governor Udom Emmanuel, on Wednesday, signed the state’s anti-open grazing bill...

Analysts want govt assets in equity market as CBN eyes international financial centre

FINANCIAL experts have urged the Central Bank to work towards enlisting the government’s corporate...

Naira weakens to N562/$ in parallel market amid drop in inflation

NIGERIA'S naira is sinking against the dollar in the parallel market, closing at N562/$...

Akwa Ibom House of Assembly passes anti-open grazing bill

A bill prohibiting open grazing in Akwa Ibom State has been passed by the...
Advertisement

Most Read

Advertisement

Subscribe to our newsletter

Advertisement