Osun State Governor, Senator Ademola Adeleke has approved the release and distribution of bond certificates worth One billion, Six Hundred and Twenty-five million, three hundred and thirty-two thousand, eight hundred and thirty-five naira, seventy-five kobo (N1,625,332,835:75) to retirees under the contributory pension scheme.
The Permanent Secretary, Local Government Staff Pension Bureau, Mr Ibrahim Akibu made this known in a statement in Osogbo on Wednesday.
According to him, the beneficiaries cut across the primary schools and local government among others. The total beneficiaries are 346: Primary school teachers, 182 beneficiaries. Local government, 164 beneficiaries.
The presentation ceremony is billed to hold on Thursday, 21st December, 2023, at the Local Government Service Commission building.
Mr Akibu stated that the presentation of the bond certificates is “a continuation of the commitment of the state government to workers’ welfare, in and out of service.
“This is another phase in fulfillment of Governor Adeleke’s open resolve to clear backlogs of salaries, pension and emoluments issues within the public service”
It would be recalled that Governor Adeleke had commenced payment of inherited half salaries and other emoluments owed public servants by the past administration.
Mr Ibrahim Akibu
Local Government Staff Pension Bureau.