Ogun State governor, Dapo Abiodun, on Wednesday, distributed N500m to offset backlog of gratuity and pensions of retirees within the state and native authorities providers.

Abiodun, whereas finishing up a symbolic presentation of cheques to some retirees on the June 12 Cultural Centre, Abeokuta, the Ogun State capital, mentioned the occasion was an indication of his administration’s dedication to fulfil its guarantees to all the employees of the state, notably the elder statesmen and girls.

He defined that the distribution of N500 million to pensioners within the state signalled the graduation of a cost course of for all of the pensioners.

“I’m assuring you that the method for all our pensioners. Although these funds are inherited liabilities from previous Authorities however I’m assuring you that the method of paying these gratuities have began and will certainly proceed on a quarterly foundation”, he mentioned.

Abiodun mentioned that aside from the cost of financial entitlements, his authorities was dedicated to offering different alternatives for the retirees underneath the state’s social welfare scheme.

“I enjoin our expensive elders to reap the benefits of our administration’s varied social intervention programmes. For these of you who’re into micro and small companies, you possibly can key into Oko-Owo Dapo, a micro credit score scheme that gives a window for girls to entry monetary sources. It empowers our individuals to increase their micro and small companies.

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“In the identical vein, in partnership with the Central Financial institution of Nigeria (CBN), we’ve got inaugurated the Anchor Debtors Scheme on Agriculture. Underneath this scheme, our individuals, together with our pensioners, might flip to agric entrepreneurship as a lifestyle and dwelling. Underneath the scheme, contributors can be supplied with land, which can be cleared for them, improved seedling and different extension providers. As well as, off takers, that’s, the Anchors, can be sourced for his or her produce at agreed costs which might be recognized to all on the time of planting, thereby guaranteeing worth stability and ample reward for effort. In actual fact, CBN pays stipends to the farmers pending the harvest and sale of their produce”. The governor acknowledged.

Whereas describing the retirees as an embodiment of knowledge and who no accountable authorities will toy with, Abiodun enjoined them to proceed to place ahead their contributions and aged recommendation always.

He, subsequently, recommended members of the Nigeria Union of Pensioners, Ogun State Department, for his or her understanding and persistence, submitting that their welfare would proceed to be a high precedence for his authorities.
The Everlasting Secretary, Bureau of State Pension, Mr. Olukunle Sodeinde, in his welcome tackle, mentioned the State authorities has launched the sum of N500m as half cost of excellent to State and Native Retirees owed by previous authorities, including that Gratuity can be paid to these scheduled for January 2014 and half native authorities retirees of 2011.

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Mr. Sodeinde additionally disclosed that authorities has authorised the reversal of gratuity based mostly on Primary, Hire and Transport (BRT) Allowance paid to some retirees by the final administration as in opposition to all relevant allowances, assuring that those that have been paid BRT can be paid their stability.

Chairman, Nigeria Union of Pension, Ogun State Chapter, Comrade Waheed Oloyede, whereas calling for the rise of the quarterly launch from N500m to N1bn, appreciated the State authorities for wipping their tears, saying that with the cost, the Governor has fulfilled the promise made to them throughout his electoral marketing campaign.

Talking on behalf the beneficiaries, Mr. Taiwo Abraham, lauded the Governor for placing an finish to their struggling of a few years, declaring that with the cost, his administration has demonstrated its dedication to pensioners welfare and has been constant in paying month-to-month pensions

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