Oyetola presents N1.2bn bonds to retirees

Gboyega Oyetola

Osun State Governor, Adegboyega Oyetola, yesterday celebrated the year 2020 Cultural Day with workers just as he presented a total sum of N1.2 billion bonds to all categories of retirees in the state. The fund, according to the governor, is for the payment of terminal benefits of some retired workers under the Contributory Pension Scheme. This is even as the governor reiterated the administration’s commitment to workers’ welfare in the state.

Presenting the bonds at the Olukemi Olufunke Kolawole Lake Resort, State Government Secretariat, Abere Osogbo, Oyetola said government would continue to bring smiles to the faces of all categories of workers. He expressed deep appreciation to workers for their commitment and dedication to service and assured them of government’s continued support. Oyetola described the pensioners as a significant population and elder citizens who have contributed significantly and meritoriously to the uplift of the state.

He said: “Your welfare is of paramount importance to us, which is why, even in the face of limited resources, we have lived up to our word to pay your gratuity and pension as retired workers and the salaries of the serving workers. “About two days ago, we released the sum of N50 million for the payment of gratuities of retired workers under the Old Pension Scheme.

Today, we are here to further fulfil our promise to enhance your welfare. “We shall release the sum of N550 million for the payment of terminal benefits of some retired workers under the Contributory Pension Scheme, as well as another sum of N647 million under the Scheme for retired Local Government Employees and Elementary School Teachers in the state.

“It is in fulfilment of our resolve to pursue your interest without fail that we convened the Osun Economic and Investment Summit,” Oyetola assured. Speaking on the significance of the 2020 Cultural Day, the governor said the government dedicated ‘adire wear’, the traditional attire for the occasion, to commemorate the day. He said: “On this auspicious occasion of the 2020 Cultural Day, I reach out to all the sons and daughters of Osun at home and in the Diaspora. Osun is the cradle of Yorubaland. Consequently, we have decided to celebrate it in style by wearing adire, our traditional attire.

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