Makinde Plans Revised Pension Scheme To Align With New Minimum Wage

Oyo State Governor Seyi Makinde has reaffirmed his administration’s commitment to implementing a revised pension scheme aligning with the new national minimum wage.

Makinde disclosed this on Monday during the annual interfaith service held at the Oyo State government Secretariat, Ibadan, to mark the beginning of the new administrative year.

He said the revised pension scheme would be finalised after comprehensive consultations and negotiations, emphasising fairness and inclusivity in addressing retirees’ concerns.

Acknowledging pensioners’ contributions to the state’s development, Makinde vowed to ensure the new scheme reflects their years of sacrifice, reinforcing his administration’s commitment to equity.

He also extended gratitude to civil servants for their support, which he said had fueled efforts to implement initiatives to advance Oyo State.

The governor congratulated 45 newly appointed permanent secretaries, noting that 80% of the appointments were based on merit.

He announced that their swearing-in ceremony would take place on Monday, January 13, 2025, urging them to act actively in driving the administration’s developmental agenda.

In his goodwill message, the Oyo State House of Assembly speaker, Adebo Ogundoyin, represented by deputy speaker Mohammed Fadeyi, commended the administration’s impactful policies. He reiterated the legislature’s commitment to supporting programs that enhance the state’s growth.

In the same vein, the chairmen of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), Kayode Martins and Bosun Oladele, lauded the governor for ensuring regular salary payments, implementing the new minimum wage and executing developmental projects across the state.

They encouraged workers to remain committed to Oyo State’s progress.

Religious leaders at the event, including Reverend Israel Adeoye of the Christian Council of Nigeria and Alhaji Bello Rufai, Chief Imam of the Government House mosque, urged civil servants to uphold ethical standards and integrity.

Head of Service, Olubunmi Oni, praised the governor’s consistent efforts to pay salaries and emoluments promptly.

She called on civil servants to maintain discipline, loyalty, and transparency to support the administration’s vision for Oyo State.