DistantNews
Support us
🇳🇬 Nigeria /Economy & Trade

Ondo State begins paying $1.8 million in retirement gratuities

From The Punch · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Ondo State Government has begun paying over N2.6 billion in gratuities to retirees from local government and primary schools who left service in 2015.
  • Governor Lucky Aiyedatiwa stated this payment fulfills his administration's commitment to the welfare of senior citizens and aligns with the 'OUR EASE' agenda.
  • The government has already cleared gratuity arrears for retirees from 2012-2014 and aims to pay all outstanding dues before the end of its tenure.

Ondo State has commenced the payment of over N2.6 billion in gratuities to retired local government and primary school workers who exited the service in 2015. The state government views this disbursement as a fulfillment of its commitment to the welfare of both current and former employees.

Our administration has already cleared gratuity arrears for retirees from 2012, 2013 and 2014, and we are determined to pay all outstanding gratuities before the expiration of our tenure.

— Governor Lucky AiyedatiwaThe governor outlined the administration's progress and commitment to clearing all gratuity arrears.

Governor Lucky Aiyedatiwa, represented by his deputy Dr. Olayide Adelami, officially flagged off the payment exercise in Akure. He emphasized that this initiative is a key component of his administration's 'OUR EASE' development agenda. The governor highlighted that gratuity arrears for retirees from 2012, 2013, and 2014 have already been cleared, with a determination to settle all outstanding payments before the end of their tenure.

A total sum of N2,614,266,954.88 will be paid directly into the accounts of beneficiaries in the 2015 batch.

— Governor Lucky AiyedatiwaThe governor specified the total amount being paid to the 2015 batch of retirees.

The total sum of N2,614,266,954.88 will be disbursed directly to the beneficiaries from the 2015 batch. Governor Aiyedatiwa attributed the release of these funds to deliberate planning and prudent financial management. He urged the retirees to use the money wisely, particularly for their health and well-being. The governor also acknowledged the cooperation of the Nigeria Union of Pensioners, the Nigeria Union of Local Government Employees, and the Nigeria Union of Teachers.

Our administration has already cleared gratuity arrears for retirees from 2012, 2013 and 2014, and we are determined to pay all outstanding gratuities before the expiration of our tenure.

— Governor Lucky AiyedatiwaThe governor detailed the administration's progress and commitment to clearing all gratuity arrears.

Commissioner for Local Government and Chieftaincy Affairs, Amidu Takuro, stated that the governor mandated setting aside special monthly funds for retiree gratuities. Representing the beneficiaries, the state Chairman of the Nigeria Union of Pensioners, Mr. Johnson Osunyemi, expressed gratitude for the sustained bulk payment of gratuities, noting it has restored hope among pensioners. He also confirmed the prompt payment of monthly pensions under the current administration.

the governor had directed that special funds be set aside monthly specifically for the payment of retirees’ gratuities, describing the development as a clear demonstration of the administration’s commitment to workers’ welfare.

— Amidu TakuroThe Commissioner for Local Government and Chieftaincy Affairs explained the financial mechanism put in place for gratuity payments.
DistantNews Editorial

Originally published by The Punch in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog