Osun paid N47bn gratuities in two years—Adeleke

Osun State Governor, Ademola Adeleke, has disclosed that his administration has disbursed over N47 billion in gratuities to retirees since assuming office in November 2022.

Afinju FM
2 Min Read

The governor made this known  in Osogbo, the state capital, during the presentation of bond certificates worth N1.9 billion to contributory pensioners from state and local governments.

Adeleke emphasised his administration’s dedication to addressing the challenges facing pensioners and the pension sector.

 He said former Governor Aregbesola’s payment as of 2018 was a total of N17,152,662,351.26 while former Governor Oyetola’s payment as of 2022 was N17,255,424,708.51.

Read Also: Osun Govt, Labour reportedly agrees on 75,000 New Minimum Wage

Adeleke explained that the combined total for the two previous administrations over 12 years was N34,408,087,059.77.

He contrasted this with his administration’s achievements noting that  in the last two years, plus what wthey are paying out today, the total payment is N22,671,217,893.24 for state pensions.

He said for local government pensions, the total is N25 billion, making  payment over N47 billion in just two years adding that this is almost 70% of what the former APC administration paid in 12 years.

Meanwhile, Adeleke reiterated his commitment to resolving individual and systemic issues within the pension sector and  assured retirees that his administration would continue to prioritise their welfare and uphold dignity in pension administration.

He noted that plans are also underway to standardise pension operations, ensuring retirees are treated with timeliness and respect.

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