Osun: Governor Adeleke releases bond certificates worth #1.528bn to 273 retirees, #350m as gratuity

Osun State Governor, Senator Ademola Adeleke on Thursday, made it known that his administration has so far released the sum of N1.528billion for bond certificates to 273 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 in the state.

Adeleke stated this during the presentation ceremony held at the Local government service commission, Abere in Osogbo.

The governor disclosed that his constant focus is how best to resolve all outstanding workers related debts, it was in that spirit that he attended to the issue of half salary. “We are paying it and we will clear all outstandings based on our people-oriented template.”

However, Adeleke made it clear that he is not doing anyone a favor by doing this, rather he is only fulfilling the task that he was voted to do and It is in that spirit that he is extending this attention to the contributory pensioners.

According to him; “Under the Contributory Pension Scheme, the sum of N700m was released between November, 2022 and January, 2023 for bond certificates for retirees at the State level.

“At the Local Government level, the sum of N828m was approved as bond certificates for retirees in primary schools and local governments between November, 2022 and January, 2023.

“At the State level, from inception of the administration to the end of January, 2023, a sum of N200m has been paid as gratuity.

“At the local government level, the sum of N150m has so far been released as gratuity to retired local government staff and primary school staff.

“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 totaling N205,428,602.07.

“Primary School retirees totaling 92 will be given bond certificates totaling 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.”

In the same vein, the governor apologize on behalf of the state government, to the pensioners, for the ill-treatment of the past. “You had laboured hard to serve the state. It is unfortunate that the past government decided to ignore and deride your significant input and contribution to state development. Accept our apologies.”