Seyi Makinde, Governor of Oyo State, has approved the disbursement of over ₦1.3 billion for the payment of gratuity and death benefits to Retired Public Primary School teachers and Local Government Service employees for the first quarter of the ongoing year.
This was made known by the state’s Commissioner of Local Government and Chieftaincy Matters, Hon. Olayiwola Olusegun, in a statement, during a press conference on Thursday.
“This administration had paid a sum of Seventeen Billion, Nine Hundred and Twenty-six Million, Three Hundred and Eighty-two Thousand, Nine Hundred and four Naira, Twenty-four Kobo (₦17,926,382,904.24K) out of a sum of Twenty-seven Billion, Five Hundred and Fifty-five Million, Five Hundred and Seven Thousand, Nine Hundred and Four Naira, Eighty-four Kobo (₦27,555,507,904.84) unpaid inherited gratuity and death benefits from the past administrations in the State.”
Four hundred retirees are billed to benefit from the payment which is in phases, according to him.
“This is in addition to timely payment of monthly pension allowances and other unprecedented welfare packages; wage award, Christmas Bonus, Free Health Insurance Scheme and many others for the Pensioners.”
He reiterated Makinde-led administration’s commitment to prioritizing the welfare of retirees.
“Governor ’Seyi Makinde remains resolute in his commitment to the growth and development of Oyo State and seeks the loyalty, support, and prayers of all residents for the success of his administration.
“Finally, government will continue to make life more meaningful and bearable for all pensioners in the State,” he added.
Reacting to the press conference, Revd Dr. James Ayanlowo, the Chairman of Chairmen of the Retired Local Government Pension Workers in Oyo State, remarked that “Governor Seyi Makinde is Godsent to us in Oyo state. Since he came into office, he has been paying our allowances, wage awards, Christmas bonuses, gratuity, and all other entitlements.”
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