Adeleke Approves N1.6bn Bond Certificates For Retirees

Governor Ademola Adeleke of Osun State has approved the release and distribution of bond certificates worth over N1. 6 billion to retirees under the contributory pension scheme.
The permanent secretary, Local Government Staff Pension Bureau, Mr Ibrahim Akibu, who made this known in a press statement in Osogbo, the state capital yesterday, said the beneficiaries cut across the primary schools and local government areas among others.

He said the total beneficiaries are 346 primary school teachers, 182 local governments, 164 others.
The presentation ceremony holds today at the Local Government Service Commission building.

Akibu stated that the presentation of the bond certificates is “a continuation of the commitment of the state government to workers’ welfare, in and out of service.

“This is another phase in fulfilment of Governor Adeleke’s open resolve to clear backlogs of salaries, pension and emoluments issues within the public service”

It would be recalled that Governor Adeleke had commenced payment of inherited half salaries and other emoluments owed public servants by the past administration.