Osun spends N35b on retirees: Oyetola

Oyetola presents a bond certificate to one of the retirees

Gov. Oyetola presents a bond certificate to one of the Osun retirees

Gov. Oyetola presents a bond certificate to one of the Osun  retirees
Gov. Oyetola presents a bond certificate to one of the Osun retirees
By Victor Adeoti/Osogbo

Gov. Gboyega Oyetola of Osun, on Wednesday, said that his administration had spent N35 billion on payment of pensions and gratuities of retirees in the state since 2018.

The governor said this at a lecture, organised by civil servants, through the Office of Head of Service, to commemorate this year’s Civil Service Week, in Osogbo.

According to him, the state spends N509 million monthly to cater for pensioners under the old pension scheme and the contributory pension scheme.

Oyetola expressed his administration’s commitment to uplifting the standard of living of all categories of workers by making their welfare a topmost priority.

He said that government had recently released the sum of N1.64 billion for the payment of outstanding pension and gratuity of retired civil servants.

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The governor, who described civil servants as the engine room of government, said that his administration would not relent in its avowed commitment to continuously paying workers’ entitlements, despite the harsh economic condition.

“As a government, we will not relent in prioritising the welfare of our active and retired workers in the state.

“We will continue to pay workers’ entitlements despite the harsh economic condition, arising from the country’s economic challenges.

“In all, from 2018 till date, we have spent about N35 billion to cater for all categories of pensioners.

“I will, therefore, like to urge our senior citizens to continue to show understanding and support our government in its efforts at repositioning the state and stimulate its economy for prosperity and abundance,” the governor said.

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