THE Oyo State government has released a total sum of N2,038,486,820.43 for the payment of monthly allowance to its retirees from January to July 2012.

The state Commissioner for Finance, Mr Zacheaus Adelabu, disclosed this in a statement issued in Ibadan on Tuesday.

He also said that the sum of N1,168,635,963.44 had been paid as 142 per cent pension arrears covering September 2011 to July 2012.

Adelabu added that the 142 per cent pension arrears had been paid to more than two-thirds of the retirees up till 1994, adding that the screening of pensioners who retired between 1995 and 1998 would commence on September 1, 2012, preparatory towards their payment.

He said that the prompt release and payment of monthly pension allowance of pensioners in the state was another evidence of the Ajimobi administration’s commitment to the welfare of the senior citizens.

“With this, the present administration has set a record that is unequalled with any past administration in Oyo State. This is a testimony of Senator Abiola Ajimobi’s fulfillment of his electoral promises,” the commissioner said.

Adelabu, while calling for the continued support and cooperation of the pensioners with the Ajimobi administration, assured them that the government would continue to accord their welfare necessary priority.

Comments (0)

Show/hide comments

Show/hide comment form

Name

Email

Website

Title

Comment

smaller | bigger

Subscribe via email (registered users only)

I have read and agree to the Terms of Usage.

Add Comment