Pension arrears: Okowa approves N5bn for retirees

Governor Ifeanyi Okowa of Delta State, on Monday approved and released the sum of N5 billion for the payment of pension arrears to retirees in the state, to relieve the suffering of the affected senior citizens in the state.

A statement by the State Commissioner Charles Aniagwu as reported by the News Agency of Nigeria (NAN) at a press briefing on Friday hinted that the state government commits over N1.1 billion monthly to settle pension matters in the state.

The commissioner for Information, Mr Charles Aniagwu said the sum of N2.5 billion was released for the payment of pension arrears for state pensioners while N2.5 billion was also released as grant to Local Government Pensions Bureau for the payment of Local Government and primary school retirees.

Mr Charles Aniagwu said the gesture was part of government’s efforts at ameliorating the plight of the affected senior citizens in the state.

See Also: BUDGET FOR 2023: GOV. OKOWA PRESENTS N561.8BN

The State Commissioner also said that the government was planing to release N10 billion to defray pension arrears, particularly for the Local Government Councils workers in the state.

Mr Charles Aniagwu, the state commissioner for information also said that the gesture was part of the government efforts to ameliorate the plight of the affected senior citizens in the state.

The approval of the release of the N5 billion covers two areas, the first half of N2.6 billion, the commissioner said would be deployed to payment of the state retirees pension arrears.

And the other half, he said of N2.5 billion was released as grant to Local Government Pensions Bureau for the payment of Local Government and primary school retirees.

The Information Commissioner hailed and commended Governor Ifeanyi Okowa and Vice-Presidential candidate of the Peoples Democratic Party (PDP) for his avowed commitment to welfare and well-being of citizens of the state.

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