Thursday, 07 June 2018 05:08

Oyo releases N9.7b for LG workers' salaries, pensions

Rate this item
(0 votes)

Funmi Olaitan, Ibadan

Oyo State Commissioner for Local Government and Chieftaincy Matters, Mr. Bimbo Kolade, on Wednesday, said the state government has disbursed over nine billion naira (N9bn), for payment of salaries and pensions for workers on the payroll of Local Government Councils in the state.

Kolade, who made the disclosure in a statement issued in Ibadan, explained that Nine billion, Seven Hundred and Seventy Six Million, Nine Hundred and Thirty Eight Thousand, Sixty-Eight Naira and Eighty four kobo (N9,776,938,064.84) was released for payment of salaries and pensions for Local Government Staff for various months.

He said part of the money will also be used for the payment of primary school teachers’ salaries for March and April 2018, teachers leave bonus for 2016 and primary school pensioners’ pension.

According to him, out of the over N9bn, N4,817,690,039.31 will be used for payment of primary school Teacher's salary for March and April, 2018 and leave bonus for 2016, while N438,752,827.86, is for payment of retired primary school pensioners.

He added that N4,520,495,197.67 will be used for payment of salary and pension for Local Government Staff, saying that the money has been disbursed for local government councils across the state for immediate payment of salaries of their workforce.

Kolade stressed that the money released will reduce outstanding arrears owed workers at local government level ranging from one to six months, urging the Local Government Council chairmen to use the money for the purpose for which government has approved its disbursement.

He stated that the government remains committed to the welfare of workers and people of Oyo State, assuring that efforts are being made to clear the backlog of pensions and gratuities owed retired primary school teachers.

The Commissioner pointed out that efforts that led to the payment of N200m for gratuities of pensioners at the state level is being replicated at the local government level with the release of over N400m, noting that the government will continue to strive hard to ensure that workers get their dues promptly.

January 09, 2025

This is the ‘biggest barrier to building wealth,’ says behavioral finance expert

I’ve been meaning to sell some company stock and diversify into another investment for awhile…
January 11, 2025

Ohanaeze Ndigbo gets new President-General

John Azuta-Mbata, a former senator, has been elected as the new president-general of Ohanaeze Ndigbo,…
January 12, 2025

Why some animals appear to mourn their dead

Grief has long thought to be a human trait, but other animals – from killer…
January 04, 2025

Shy man cuts off 4 fingers instead of telling boss he wanted to quit his…

A 32-year-old Indian man admitted to cutting off four fingers on his left hand to…
January 12, 2025

Lakurawa terrorists kill telecom officials in Kebbi

Suspected terrorists belonging to the Lakurawa group have killed four individuals, including three staff of…
January 12, 2025

Here’s the latest as Israel-Hamas war enters Day 464

Four Israeli troops killed in northern Gaza, army says Four Israeli troops were killed during…
December 25, 2024

Stem cell therapy to correct heart failure in children could 'transform lives'

Renowned visionary English physician William Harvey wrote in 1651 about how our blood contains all…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.