In line with his pledge to prioritize workers’ welfare, Osun State Governor, Ademola Adeleke paid N12.7 billion in pension and gratuity within the last 18 months surpassing the records of his predecessors.
Speaking at the presentation of bonds to the contributory pensioners at the Local Government Service Commission, he said the feat was achieved due to his administration’s ability to think out of the box. “I invite us to note as I did on the gratuities payment comparison that my two predecessors for 12 years released bonds worth Eleven Billion, One Hundred and Fifty Million, Eight Hundred and Seventy One Naira
Earlier in his remark, the Head of Service, Samuel Aina reiterated that Governor Adeleke’s record of pension beats the last six years of the APC administration in the state.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
– Nigerian govt allays fear on N20tn pension fundThe Nigerian government has said the country's N20 trillion pension fund is safe and secure. The Minister of Finance, Wale Edun, disclosed this in a statement on Thursday. Recall that after last Tuesday's Federal Executive Council meeting, Edun said the government would unveil a plan to harness local funds to finance infrastructure development.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Atiku faults Nigerian Government’s move to tap pension funds for infrastructural developmentBesides pension funds, the government is also looking to draw from life insurance and other funds from the investment industry to the tune of N20 trillion.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Tinubu must not fiddle with Nigeria’s Pension Funds AssetThe presidential candidate of the Peoples Democratic Party, PDP in the 2023 general election, Atiku Abubakar has cautioned the government of President Bola Ahmed Tinubu to act strictly within the provisions of the Pension Reform Act of 2014 (PRA 2014), along with the revised Regulation on Investment of Pension Assets issued by the National Pension...
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Nigerian Breweries completes acquisition of Distell NigeriaThe Nation Newspaper Nigerian Breweries completes acquisition of Distell Nigeria
Source: TheNationNews - 🏆 6. / 69 Read more »