Gov Adeleke Approves N2.1 Billion Bond Certificates For Pensioners

Gov Ademola Adeleke of Osun state has approved the release of bond certificates worth N2.1 billion to pensioners.

The approved bond certificates cover retirees under the contributory pension scheme at the state and local government levels.

The Osun State Head of Service, Samuel Ayanleye Aina, in a statement on Wednesday, made this revelation.

Aina said beneficiaries should be presented with the bond certificates at the LG service commission hall on Thursday.

Aina explained that the beneficiaries of bond certificates are retired Staff of Local Government Areas, Local Council Development Areas, Area Councils, Ministries, Departments & Agencies (MDAs), Secondary Schools, Tertiary Institutions and Parastatals.

He noted that “The Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has graciously approved the release of bond certificates worth N2.1bn for the payment of accrued right benefits of another batch of Retirees under the Contributory Pension Scheme at the State and Local Government levels.”

Aina said the governor’s move aligned with one of the campaign promises, adding that Adeleke wants to guarantee that the welfare of pensioners and active workers in the state is given adequate attention during his tenure.

“Accordingly, His Excellency, the Governor, will preside over the presentation of the Bond Certificates to the beneficiaries tomorrow, Thursday, 10th August, 023,t the Local Government Service Commission Hall, Abere at 10.00 a.m,”