Featured
Aregbesola releases N1.2b for pensions, gratuity
Governor Rauf Aregbesola of Osun has released N1.2 billion for the payment of gratuity and contributory pension to retirees.
Dr Festus Oyebade, the state Head of Service, made this known in Osogbo at a meeting of the Forum of Head of Service, Permanent Secretaries, Coordinating Directors, Director-General, General Managers and Executive Secretaries.
Oyebade said that N1 billion would be used to pay pension and N200 million for gratuity.
The Head of Service stated that the governor was committed to the welfare of all retired and serving Public Servants, hence the approval of the funds.
He said the economic resources of the state needs to be improved upon for the government to be able to carry out its constitutional duties.
He said that all hands must be on deck to improve the state internally generated revenue for the benefit of all.
Oyebade commended the governor for the gesture and expressed optimism that more funds would be released to take care of the backlog of pension and gratuity of retired civil servants in the state.
-
Latest5 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business1 week agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Business3 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business3 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business5 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Featured2 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Business1 week agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Business6 days agoMultinationals exit Nigeria as economic pressures reshape business landscape