Pensions: Dapo Abiodun raises quarterly payment to N1 billion

Governor Dapo Abiodun of Ogun has announced the increment of the quarterly pension payment to N1 billion.
Mr Abiodun made this known while addressing pensioners at an interactive session held at the June 12 Cultural Centre, Abeokuta, on Monday.
The governor informed them that his administration met arrears of over N80 billion and had since developed ways of defraying it.
“When we came in, we met pension arrears of over N80 billion. We started paying N500 million at a time. We later increased it to N600 million monthly.
“I am expecting about N280 billion from the federal government being the money we spent constructing federal roads.
” I can assure you that as soon as I get that money, I will pay between N10 and N18 billion as pensions and gratuities,” the governor said.
Mr Abiodun disclosed that no gratuity was paid from 2012 until he assumed office in 2019.
He announced an increment of N15,000 for pensioners who were previously collecting N5,000 monthly pensions to cushion the economic impact on them.
He added that his administration had devised various ways, including providing needed infrastructure, security and enabling environment for more investments to increase the state’s Internally Generated Revenue.
The governor stated that his administration was not unmindful of the senior citizens’ plight, adding that the government had made a special arrangement to care for pensioners who needed urgent medical treatment.
He pleaded for patience and understanding as his administration tried to attend to their issues, pledging to have such interactive sessions twice a year.
Earlier, the state chairman, Nigeria Union of Pensioners, Waheed Oloyede, had urged the state government to increase the monthly pension of those still collecting N5,000.
Mr Oloyede called for the review of pensions in the state in line with what is obtainable at the federal level.
He called for a regular interface between the pensioners and the state government to enable them to solve any impending issues.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
Focus on criminals, stop targeting journalists, CPJ tells Nigerian security agencies
She also pointed out harsh bail requirements imposed on journalists, describing Mr Ugagbe’s bail conditions as “utterly punitive.”

Education
Tinubu upgrades Nasarawa poly to university
Mr Onanuga said the approval followed a proposal by Senator Ahmed Aliyu, who represents the Nasarawa West Senatorial District.

Lagos
Lagos govt signs agreement to automate vehicle registration
Mr Osiyemi said the initiative would simplify and speed up vehicle registration by eliminating cumbersome processes.

States
Three rescued, one body recovered as building collapses in Kano
The PRO attributed the collapse to the use of poor and substandard building materials.

NationWide
FG calls for stronger African collaboration to combat illicit wealth, transnational corruption
Mr Fagbemi added that the recovery and transparent management of proceeds of crime remained a key pillar of the country’s anti-corruption policy.

Heading 2
FG reiterates commitment to ensuring safe return of Nigerians from South Africa
“The last evacuation flight, which is expected to bring home approximately 300 of our nationals, is expected to arrive in Nigeria next week,” Mr Ebienfa said.





