Oyo state Governor, Engr Seyi Makinde has approved One Billion Naira monthly for payment of gratuity and death benefits to retired Local Government Staff and public primary school teachers retirees.
The Chairman, Local Government Staff Pension Board, Hon Akeem Ige disclosed this while delivering a keynote address during the flag -off ceremony for payment of gratuity and death benefits to another batch of retired Local Government Staff and Primary School Teachers held at the Mini Hall of the Local Government Staff Training School Secretariat, Ibadan.
According to Ige “the pensioners friendly governor, Engr Oluseyi Abiodun Makinde has increased monthly allocation for payment of retirement benefits twice within one year from Two Hundred and Fifty Million Naira to Five Hundred Million Naira and now One Billion Naira. This is unprecedented and highly commendable”.
The aim behind this gesture is to fastrack completion of payment and increase the number of beneficiaries. It is interesting to know that His Excellency, the Executive Governor will fulfill the promise made to ensure that no inherited debt and accrued retirement benefits is left unpaid before the expiration of his tenure in May 2027” he said.
The Chairman thereafter highlighted some other welfare packages being enjoyed by pensioners under the present administration in Oyo state.
Also speaking at the event, the Chairman of the Oyo State Local Government Service Commission, Bashorun Akinwale Akinwolexnx, congratulated the beneficiaries and lauded governor Seyi Makinde’s exemplary leadership qualities, who, according to him, has positively impacted lives and transformed all sectors since he assumed office in May 2019 till date.
