The Governor of Ondo State, Lucky Aiyedatiwa has approved the disbursement of N1.2 billion to offset the arrears of gratuity for pensioners in the state.
In a statement by the press officer in the office of the Head of Service, Sina Adeyeye, the governor also approved N320 million for monthly payment of pensions.
The statement reads, ” As part of efforts of the Ondo State Government to settle the backlog of gratuity of state retirees, the state Governor, Hon Lucky Aiyedatiwa, has approved the sum 1.2b naira to fully offset gratuity of 2014 set of state retirees.
” Distribution of cheques to beneficiaries will be flagged off by the governor at an event to be held at the Cocoa Conference Hall of the Governor’s Office, Alagbaka, Akure on Thursday 11th January, 2024 by 3pm.
” It would be recalled that all 2013 set of state retirees’ gratuity had been cleared last year while 2011 and a fractional part of 2012 set of the local government retirees were also cleared.
” This is apart from about N320m monthly, totalling about N2.7b yearly, that government has set aside for the settlement of all other categories of the pensioners’ benefits.”
