Osun State Governor Adeleke approves N1.6 billion bond certificates for retirees

Osun State Governor, Ademola Adeleke, has given his nod for the release and distribution of bond certificates totaling N1,625,332,835.75 to retirees covered by the contributory pension scheme in the state. This announcement was made by the Permanent Secretary of the Local Government Staff Pension Bureau, Ibrahim Akibu, in a statement issued in Osogbo on Wednesday.

The beneficiaries, numbering 346, include primary school teachers and local government workers, with 182 and 164 beneficiaries, respectively. Akibu emphasized that the presentation of these bond certificates aligns with Governor Adeleke’s commitment to addressing salary, pension, and emolument issues within the public service.

The ceremony for the presentation of the bond certificates is scheduled to take place on Thursday, December 21, 2023, at the Local Government Service Commission building in Abere.

This initiative is part of Governor Adeleke’s ongoing efforts to address outstanding financial commitments inherited from the previous administration, including the payment of half salaries and other emoluments owed to public servants.