Governor Ademola Adeleke of Osun State has announced a significant financial commitment to retirees, with gratuities totaling N4.3 billion distributed to state and local government pensioners since December 2022.
During a bond certificate distribution event, Governor Adeleke revealed that since assuming office, his administration has allocated N12.7 billion in bonds to retirees, surpassing the totals of the past 12 years which stood at N11.1 billion.
Detailing the efforts, Governor Adeleke said, “Our administration has allocated bonds worth N6 billion to 930 retirees and, including today’s figures, has paid out over N6.6 billion to 1,355 retirees.”
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For the current ceremony, bonds of “N1.6 billion” for state-level retirees and “N2.4 billion” for local government retirees were handed out, making a total of “N4 billion” in bonds distributed today alone.
Praising his team’s innovative strategies, particularly the Head of Service, Mr. Leye Aina, for doubling monthly gratuity and bond releases, Governor Adeleke underscored the regular and full payment of pensions as a testament to his commitment to worker welfare.
Reaffirming his dedication, Governor Adeleke pledged ongoing efforts to resolve pension backlogs and improve workforce conditions, prioritizing the well-being of Osun State’s employees and retirees.
