Ogun State Don Pay Pension Weh Dem Owe Retired Workers

My people, Ogun State don shine small this February, as dem don finally clear pension and gratuity arrears wey dem owe workers wey retire between 2012 and 2020. Dis one na good news for retirees wey dey wait their money since. Na the Commissioner for Finance, Dapo Okubadejo, talk am during media parley wey dem organize, make everybody sabi wetin dey happen.

Okubadejo come yarn say the wahala wey dey about the backlog na because of the Defined Benefits Scheme. E con reassure say since dis administration take over, dem never miss any month wey dem suppose pay pension. E talk say, “What we inherited were arrears tied to the Defined Benefits Scheme.” Dis one no be small matter o, at least for people wey don chop belleful for how many years.

E also mention say the annual pension payments don skyrocket from ₦6.7 billion for 2019 to ₦20 billion for 2025, and dem dey project say the money fit reach ₦40 billion by 2029. Na serious money we dey talk about here, my people. That one fit make pensioners dey smile even as dem dey ginger their grandchildren.

The statement come make we understand say Ogun State never slack when e come to paying retirees. Dem don pay ₦23.3 billion gratuities for those wey retire from 2012 go 2020, plus ₦32.8 billion wey local government retirees still dey wait. Na serious commitment we fit respect for here.

Okubadejo still talk say dem don splash ₦93.26 billion for pension under the Defined Benefits Scheme within 2019 to July 2025, plus ₦94.78 billion wey dem pay local government pensioners. But make we no forget say more than 300 workers wey retire for July 2025 still dey enjoy small palliative for six months while dem dey complete their pension document. Na how e suppose be, abi?

When dem dey talk fiscal matter, Ogun State Budget for 2026 don increase from ₦1.054 trillion to ₦1.668 trillion. Na big boost for the people of Ogun. We sabi say economy for Ogun don boom from ₦3.5 trillion in 2019 to wahala ₦18.96 trillion for 2026. E be like say dem dey find where to gather money well well.

Internal generated revenue too don rise from ₦50 billion in 2019 to ₦240 billion for 2025, and dem plot say if all go well, e suppose reach ₦512 billion this year. Na serious calculations we dey look for here.

As dis gist dey continue, Ogun State government dey take steps to bring new pension benefits wey dem call Additional Pension Benefits (APB), wey dem say na the first of its kind for Nigeria. Dis one go show say dem dey serious about pension laws and how e go affect retirees for future. Ain’t that cool?

So, my people, no be lie we dey yarn. Ogun State dey make ground for retirees and e dey show say dem go continue to support their workers. E go sweet us as we go dey watch how all dis matter go unfold as dem dey implement. Just dey stay tuned, because Naija no dey sleep!