Osun State Governor, Ademola Adeleke, demonstrated his commitment to the welfare of retirees by presenting a N2.9 billion pension bond for the state’s civil service retirees. This significant allocation was disclosed by the governor’s spokesperson, Olawale Rasheed. Notably, the disbursement includes N1.3 billion for state retirees and N1.625 billion for local government and primary school retirees.
Governor Adeleke also highlighted the substantial financial commitment his administration has made towards pensions and gratuities. He revealed that from the beginning of his tenure through November 2023, the state government had disbursed a total of N14.6 billion for contributory pension, gratuities, and monthly pensions for state retirees. Additionally, N13.5 billion was dedicated to similar expenses for local government and primary school retirees.
Beyond the financial figures, Adeleke underscored his administration’s holistic approach, emphasizing the balance between the welfare of the people and infrastructural development. He conveyed a vision for Osun State to become a model akin to Singapore, positioning the welfare of the citizens at the core of this transformation.
The presentation of the N2.9 billion bonds for pensions and gratuities serves as a testament to the governor’s unwavering dedication to addressing the needs of retirees in Osun State. This noteworthy commitment reflects the government’s recognition of the invaluable contributions made by public servants throughout their careers.
