We ’ve paid over N70 billion as pension, gratuity, says Abiodun

Increases quarterly payment to N600 million
Ogun State Governor, Dapo Abiodun, has said that his administration has paid over N70 billion as gratuity and pension to retirees in the last three and a half years.

The governor, who stated this in Ijebu-Ode, yesterday, during a town hall meeting on the 2023-2025 Medium-Term Expenditure Framework and 2023 Budget for Ogun East Senatorial District, also said that the quarterly payment for pensioners had been increased from N500 million to N600 million.

Abiodun, who chided the previous government for failing to pay the retirees their entitlements, said the amount was huge but promised that his administration would do the needful to ensure retirees enjoy the fruits of their hard-work.

He assured workers that their entitlements, ranging from global deductions, leave bonuses and others, would be paid as the finances of the state improve.

The governor also disclosed that the state generated over N70 billion from January to September this year as Internally Generated Revenue (IGR), saying that the various financial policies put in place and the influx of investors have increased the internal revenue of the state.

In his opening remarks, Chief Economic Adviser and Commissioner for Finance, Mr. Dapo Okubadejo, said the meeting was to vigorously engage all stakeholders in the senatorial district to get their views that would form the basis for next year’s budget.