Home » Latest Stories » Governor Adeleke Shatters Records, Pays N12.7 Billion in Pensions, Outpacing APC’s 12-Year Mark

Governor Adeleke Shatters Records, Pays N12.7 Billion in Pensions, Outpacing APC’s 12-Year Mark

by Amara

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Governor Ademola Adeleke has surpassed the pension payment records of the All Progressives Congress (APC) over their 12-year tenure by disbursing a total of N12.7 billion within just one and a half years. This achievement exceeds the APC’s pension disbursements of N11.1 billion over the same period.

In a statement released and signed by Mallam Olawale Rasheed, Spokesperson to the Osun State Governor, Governor Adeleke disclosed this milestone during a ceremony where he released another N4 billion bond for state and local retirees, receiving enthusiastic responses from senior citizens.

Governor Adeleke elaborated on the specifics:

“For my administration, the amount of bonds released from December 2022 to date across State and LGAs is Twelve Billion, Seven Hundred and Nineteen Million, Two Hundred and Forty-Five Naira (N12,719,245,528.00).

“The administration of my two predecessors for 12 years paid Eleven Billion, One Hundred and Fifty-Five Million, Six Hundred and Fifty-One Thousand, Seven Hundred and Eight Hundred Naira (N11,155,651,780.56) for gratuities at the State level. At the local level, the two previous governments for twelve years paid Six Billion, Four Hundred and Eighty-Eight Million, Eight Hundred and Seventy-Six Thousand, Three Hundred and Twenty-Four Naira (N6,488,876,324.58).

“On presentation of bond to retirees from December 2022 to date, our government has presented bonds worth Six Billion, Fifty-Three Million, Five Hundred and Forty-Seven Thousand, Six Hundred and Seventy-Five Naira (N6,053,547,675.49) for 930 retirees.

“From December 2022 to date, including today’s event, the amount paid is Six Billion, Six Hundred and Sixty-Five Million, Six Hundred and Ninety-Seven Thousand, Eight Hundred and Fifty-Two Naira (N6,665,697,852.87) for 1,355 retirees.

“Today, I am presenting a total of One Billion, Five Hundred and Eighty-Eight Million, Four Hundred and Five Million and Four Naira (N1,588,405,004.85) for 247 retirees at the state level. For the local level, a total of Two Billion, Four Hundred and Twenty Million, Nine Hundred and Fifty-Three Thousand, Four Hundred and Twenty-Six Naira (N2,420,953,426.71). The total I am presenting as bonds today for both state and local retirees is Four Billion, Nine Million, Three Hundred and Fifty-Eight Thousand Naira (N4,009,358,431.00).

“I invite us to note, as I did on the gratuities payment comparison, that my two predecessors for 12 years released bonds worth Eleven Billion, One Hundred and Fifty Million, Eight Hundred and Seventy-One Naira (N11,150,871,889.00),” the Governor affirmed.

He further detailed the administration’s accomplishments:

**Gratuities Paid:**
– From December 2022 to date at the State level: N1.8 billion
– At the local level: N2,519,080,056.62
– Total: N4,319,080,056.62

**Bonds Released:**
– State level: N6,053,547,675.49
– Local level: N6,665,697,852.87
– Total for both levels: N12,719,245,528.00 (compared to the previous administration’s N11,150,871,889.00)

Governor Adeleke attributed this achievement to innovative strategies and personal sacrifices made by his team. He praised the Head of Service, Elder Ayanleye Aina, and his team for their effective management of the public service, particularly in handling salaries, pensions, and gratuities.

The Governor reaffirmed his administration’s commitment to prioritizing workers’ welfare, emphasizing the importance of a well-treated public service. He expressed his determination to continue addressing the pension and salary debts while supporting the workforce.

Representatives of the pensioners, Gbenga Oyadare and Toyin Ayinde, commended Governor Adeleke, declaring, “there is no vacancy in Abere come 2026.” Amidst singing and praises, pensioners applauded the Governor’s dedication to fulfilling his promises, calling him a “talk and do” leader.


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