[News] : Ogun Pay N12.5b for, workers, 2,429 retirees, others

The Ogun state government has released N12.5 billion to pay backlog of employees’ deductions, gratuities and severance bundle for political appointees, who served between 2007 and 2015, it was learnt.

The authorities said it has accepted December salaries, with 10 per cent bonus for state and council employees.

pc0o9c7j

Secretary to the state authorities Taiwo Adeoluwa, who announced this at a briefing on the Oke-Mosan Governor’s Officw, said the fund would cope with arrears of workers’ deductions in addition to offset gratuities from November 2012 and January 2014.

Adeoluwa explained that N5.5 billion might pay six months of the 365 days owed, N6 billion for  years’ gratuities of 2,429 retirees, and N1 billion severance for political appointees between 2007 and 2011, and 2011 and 2015.

 

“The governor pledged to pay a month arrears of the deductions every three months, and N200 million is to be launched monthly to settle gratuities,” he said.
The SSG stated that the state received N10.6 billion from the Federal government as part of its proportion of the Paris club refund.

In step with him, the government augmented the Paris membership refund with N1.9 billion sourced from savings to reach at the N12.5 billion.

He mentioned that the Federal government directed states to set aside 50 per cent of the fund for workers emolument and the stability for initiatives “however the Ibikunle Amosun-led management used it all on people emolument due to its commitment to the welfare of public and civil servants”.

1 comment
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
Read More

China Opens ₦7.3trillion World’s Longest Sea Bridge Designed To Last 120 Years

Chinese President has officially opened the 55km world’s longest sea crossing bridge. The sixth longest bridge on earth took nine years to complete. The new bridge connects Hong Kong to Macau and the mainland Chinese city of Zhuhai. It will cut travelling time between Zhuhai and Hong Kong from about four hours to just 30 minutes. Built at the cost about $20bn (that is about ₦7.3trillion) and designed to last 120 years ,the mega structure is strong enough to withstand earthquakes and typhoons.
Read More