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Oyo Pays N1.5bln Gratuity To 537 Retirees

Vital News by Vital News
January 12, 2023
in Labour, News
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Oyo Pays N1.5bln Gratuity To 537 Retirees

Governor Seyi Makinde of Oyo State.

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Ibadan – Another batch of 537 retirees in Oyo State have just been paid N1.5billion as gratuities by the State government.

The beneficiaries were retired local government workers, retired primary school teachers and next of kin of deceased staff across the 33 Local Government Areas of the state.

Speaking at the presentation of cheques to the beneficiaries at Ibadan on Tuesday, the Chairman, Local Government Staff Pension Board, Prince Adebayo Adeyemi urged the beneficiaries to make the best use of the money.

He reiterated the commitment of the Governor Seyi Makinde-led government to clear the backlog of monthly pensions being owed retirees over the years.

Adeyemi noted that the Oyo State Governor is a man of the people whose legacy is to care for the pensioners and see to the good welfare of the people of the state.

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“The Present administration met an unbelievable unpaid arrears of gratuity of a sum of over N40billion and as today the government of Engr. Seyi Makinde has paid over N14billion naira out of this amount.

“I’m glad to inform you that today’s exercise is going to gulp a sum of one billion, five hundred million naira to be disbursed to beneficiaries , ranging from Alive Retirees of Primary Schools Service, Local Governments, those with serious health challenges and the next of kin of the deceased pensioners,” he said.

Adeyemi, while commending the gesture and honest purpose of the government to the welfare of retirees, stated that those that retired from May 2019 to date are already captured in this current exercise.

“The governor has promised to solve all the associated problems with the outstanding arrears of gratuity and other retirement benefits of our dear pensioners.

“We should therefore continue to pray for him and support his Administration to succeed and bring more development to the State”, he added.

In his remark, the Secretary, Nigeria Union of Pensioners (NUP), Oyo state, Mr. Segun Abatan, warned the beneficiaries against committing funds into ventures they are not conversant with.

Also speaking, the Permanent Secretary, Local Government Staff Pension Board, Alhaji Lukman Muraina , appreciated the Oyo State Government and the leaders of the pensioners in the state for their support and co-operation.

He , however, appealed to the people to continue to support the government, assuring them that they will not be disappointed.

Speaking on behalf of the beneficiaries, Mrs. Oluyemisi Tella , said the continuous payment of pensions and gratuities by the current administration was an indication that Governor Makinde was a kind and committed person.

Tags: gratuityOyopensionretirees
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