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Oyo govt pays N1.380 billion gratuity to retirees

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Ojo Peter, Ibadan

The Oyo state government, on Monday, issued  payment cheques to 456 retirees in fulfilment of one of Governor ‘Seyi Makinde’s campaign promises.

The retirees paid on Monday were mostly retired local government area personnel, primary school teachers and next-of-kin beneficiaries of deceased staff members of the 33 local government areas in the state.

During the presentation at the state Secretariat, Agodi in Ibadan, the chairman of the Local Government Staff Pension Board, Prince Adebayo Adeyemi, advised the beneficiaries to spend the money wisely and not squander their pension.

He also reiterated the commitment of the state government to clearing the backlog of pensions and gratuities owed pensioners by the past administration.

The governor’s special adviser on labour matters, Mr. Bayo Titilola-Sodo, also warned the beneficiaries to spend the money wisely on themselves instead of investing the money in risky ventures.
The local government area deputy auditor-general, Mr Samuel Awobode, also echoed the words of the fellow officials and advised the pensioners to spend the money judiciously, adding that the Makinde administration was now paying pensions and gratuities because it had earlier saved towards it in the past months.

The Nigeria Union of Pensioners, (NUP), Oyo state chapter secretary, Mr Segun Abatan, warned the pensioners to prioritise careful money management over risky ventures. 

He also praised the Makinde-led administration for releasing N7.2 billion to pay the outstanding gratuities.

One of the beneficiaries, Mr Adedeji Sunday, who spoke on behalf of the other pensioners said the payment of pensions and gratuities by the current administration showed the governor as a man of his words.

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