Osun Govt Releases N1.5Bn Bond Certificates For Retirees 

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Ademola Adeleke, Osun State Governor

Osun State Governor, Ademola Adeleke, on Thursday, said his administration had released over N1.528bn for the bond certificates of 273 retired primary schoolteachers, local and state government workers.

Speaking at an event in Osogbo, on Thursday, where the beneficiaries received their certificates, Adeleke also disclosed that a sum of N350m had equally been released as gratuities for retired staff of local governments, primary schools, secondary schools, tertiary institutions, civil servants and staff of parastatals in the state.

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The governor, who said since he took over the administration of the state, his focus had been on how best to resolve outstanding workers debts, added that “workers, in and out of service, deserve their due emoluments. It was in that spirit that I attended to the issue of half salary. We are paying it and we will clear all outstandings, based on our people-oriented template.

Giving the breakdown of the beneficiaries, the governor said,

Today, 119 retirees, cutting across the civil service, parastatals and tertiary institutions, are being given their bond certificates totaling N632,952,655.56.

For local government service, 62 retirees are to be given bond certificates totalling N205,428,602.07, while primary school retirees, totaling 92, will be given bond certificates totalling N621,819,731.03.

In summary, our government has so far released a sum of N1.528bn for bond certificates for retired workers of both state and local government, while a sum of N350m had equally been released as gratuities to retired staff of local governments, primary schools, secondary schools, tertiary institutions, civil servants, staff of parastatals, etc.

 

 

 

 

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