Osun State Governor Ademola Adeleke has claimed remarkable progress in settling pension payments during his administration, surpassing the combined efforts of his two immediate predecessors.
Speaking at a ceremony in Osogbo, the governor announced that his government had paid over N47 billion in gratuities to retirees since taking office in November 2022, a significant improvement compared to the N34.4 billion disbursed by Rauf Aregbesola and Adegboyega Oyetola over a span of 12 years.
The event, held to distribute bond certificates worth N1.9 billion to contributory pensioners from both state and local government services, showcased the administration’s focus on pension reforms.
Governor Adeleke highlighted the discrepancies in past payments, stating, “Former Governor Aregbesola’s payment as of 2018 totalled N17.15bn, while former Governor Oyetola’s payment as of 2022 amounted to N17.25bn. Together, the two administrations paid N34.4bn over 12 years.
“In just two years, my administration has paid N22.67bn for state pensions and N25bn for local government pensions, bringing the total to over N47bn. This means we have paid almost 70 per cent of what the previous APC administrations paid in 12 years, within just two years.”
The governor reaffirmed his administration’s dedication to pension reforms, vowing to address personal grievances and improve the pension administration system.
“We are committed to ensuring that pensioners are treated with the dignity and timeliness they deserve,” he said.
