Gov Bago pays N25bn, settles 21-year pension arrears

The Niger State Government has disbursed N25 billion to clear 21 years of outstanding pensions and gratuity owed to retirees.

According to the statement titled: ‘#NewNiger – Fact-Check – Bago Governance’, the first batch of 336 retired senior citizens from 2003, 2004 and 2005 received cheques of about N500 million from outstanding gratuity.

“This substantial payment underscores the administration’s dedication to the welfare of the state’s retired civil servants.

“In addition to settling these long-standing arrears, the State Government has also paid N20,000 wage award to civil servants across the board for the second time in two months.

“The government is in addition addressing all outstanding leave grants that have been pending since 2018.

“This move is seen as a significant step towards alleviating the financial burden on retirees, some of whom have not received their pensions for over nine years, leading to a considerable backlog.

“The current administration is committed to ensuring that pension payments are made on time moving forward, to prevent similar situations in the future.

“Governor Umaru Bago has issued a stern warning against any attempts to alter the serial numbers and files of beneficiaries, stating that anyone found guilty of such actions will face severe consequences.

“The payment process is set to continue in batches, beginning with retirees from the Local Government Areas,” the statement read.

READ ALSO FROM NIGERIAN TRIBUNE 

• Rating: GCR affirms Dangote Group’s AA+(NG)/ A1+(NG)

• Kaduna: Police debunk hijacking of armoured tank by protesters 

• NELFUND disburses N20,000 monthly stipends to 20,371 students in six varieties

• Hunger protest: Flying Russian flag in Nigeria treasonable — Security Council