Ekiti State Governor Oyebanji Allocates N1 Billion for Pension Gratuities, Clears Additional Pension Arrears

In a significant move to address financial obligations to state retirees, Ekiti State Governor, Mr Biodun Oyebanji, has approved the release of an additional N1 billion for gratuities.

This decision comes shortly after the Governor had earlier this year disbursed N3.5 billion in gratuity cheques, demonstrating a continued commitment to alleviating the financial burdens of pensioners.

Governor Oyebanji’s latest financial directive also includes the payment of two months of pension arrears to local government pensioners, further underscoring his administration’s focus on the welfare of retirees.

In his statement, Governor Oyebanji has called on state workers to maintain a high level of service delivery, reassuring them of his government’s dedication to their welfare and the prompt payment of all dues.

See press release below:

OYEBANJI APPROVES ANOTHER N1BILLION FOR GRATUITIES, PAYS TWO MONTHS PENSION ARREARS TO LG PENSIONERS

…RELEASES SUBVENTION TO HIGHER INSTITUTIONS

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Ekiti State Governor, Mr Biodun Oyebanji has approved the release of the sum of one billion naira as gratuity to State pensioners.

Similarly, the Governor has also approved payment of two months pension arrears to local government pensioners.

This is coming barely a month after the Governor distributed a total N3.5 billion in gratuity cheques to retirees in the state, in a bold effort aimed at offseting the backlog of outstanding gratuities.

Additionally, Governor Oyebanji has also approved payment of two months outstanding subvention to Ekiti State University, Ado-Ekiti and one month outstanding subvention each to Ekiti State University Teaching Hospital, (EKSUTH), Ado-Ekiti; Bamidele Olomilua University of Education, Science and Technology, Ikere-Ekiti; and College of Health Science and Technology, Ijero- Ekiti.

Also, approved for release is one month outstanding subvention to the Judiciary.

The payments are in fulfilment of the Governor’s promise to priortise welfare and wellbeing of workers and retirees and ensure that all outstanding entitlements of workers and pensioners owed by previous administrations are paid to them in line with the continuity and shared prosperity agenda of the administration.

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The Governor urges workers in the state to remain focused on excellent service delivery, assuring them of his administration’s commitment to their welfare as well as payment of all their entitlements.

Yinka Oyebode
Special Adviser (Media) to the Governor
07-11-2024

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