Connect with us

News

October: We have paid 3,783 retirees N8bn as gratuity – Oyo govt.

Published

on

Oyo State government has disclosed that 3,783 retirees under the State’s civil service, judicial service, teaching, non-teaching, as well as the local government service commission and primary school retirees have been paid #8billion as gratuity till the month of October, 2020.

The Commissioner for Establishment and Training, Prof. Daud Kehinde Sangodoyin and the Chairman, Local Government Service Commission and Local Government Staff Pension Board, Hon. Aderemi Ayodele made this assertion separately to journalists in Ibadan on Monday.

Sangodoyin said the process of writing to go into retirement and getting issued pension authority certificate as well as being eligible to be paid gratuity was foolproof.

He hinted that 1304 among the retirees that belonged to the State’s main stream workforce like teaching, non-teaching, civil servants and those from the judicial service commission have been paid till October with Three Billion, Sixty Million Naira.

“We have paid 1304 retirees their gratuities from June 2019 to October 2020 and the amount paid is Three Billion and Sixty Million Naira, the beneficiaries are in the categories of teaching, non-teaching, the judicial service commission and the civil servants.

“The process is simple, you write that you are retiring and follow the due process till the papers get to the Auditor-General’s office and it gets back to the Ministry of Establishment where the pension authority certificate will be issued to the recipient, then the person is said to be eligible and on queue for his or her gratuity.

ALSO READ  INSECURITY: Direct your questions at Buhari, not Makinde, PDP replies APC group

“There is no need for anybody to approach a middleman to help, it is first come, first served, we have reeled out helpline numbers for anyone that has questions or has seen or heard something against the laid down rules of engagement, the numbers are: 08056904055 and 07087647032.”

The Chairman, Local Government Service Commission and Local Government Pension Board, Hon. Aderemi Ayodele said the pension board has been the flagship of the present administration as major promises made by governor Seyi Makinde during the election campaign period to workers and retirees were met.

Aderemi elucidated that the total of #4,930,689,626.38 (Four billion, nine hundred and thirty million, six hundred and eighty-nine thousand, six hundred and twenty-six naira and thirty-eight kobo) has been paid to 2,459 retirees till October 2020.

“The pension board has been the flagship of this administration because it has been the area where the current government has been extremely diligent in living up to its promises, Governor Makinde promised during campaign that he would be paying workers salaries and pensions of retirees by the 25th of every month, while also seeing a way of settling the backlog of unpaid gratuities that ran into billions during the last administration, I want to thank God for the governor for living up to expectation.

ALSO READ  Oyo 2019: Makinde, Olaniyan, Others receive certificates of return

“The governor pointedly told us that no retiree of Oyo State must die before his or her entitlement is paid to him or her, that is why we have evolved measures to give a certain percentage to retirees that is certified to be seriously sick and is waiting to be paid gratuity among the waiting list.”

On workers training, the Commissioner for Establishment and Training, Prof. Daud Sangodoyin added that the State government has released #47million for the ongoing first phase of training for workers in different categories in the areas of business writing, expanded Microsoft training, leadership skills training among others.

He maintained that the government has vowed to continuously measure the impact of the training on the system and the workforce.

 

Comments

News

Senate Approves Tinubu’s $500m Loan for Power Sector Boost

Published

on

By

The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

ALSO READ  Oromoni junior: Three Dowen Students are currently in Police custody – CP Odumosu

 

Continue Reading

News

Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

Published

on

By

In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

ALSO READ  2019: Real reason Ezekwesili dropped presidential ambition

Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

Continue Reading

News

EFCC calls on banks’ compliance officers to uphold confidentiality

Published

on

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

ALSO READ  Ambode promises to work for Buhari, Sanwo-Olu’s victory
Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending