Osun Governmnet receives N11.7bn refund, to pay 3-month salaries

By Kayode Ogunwale

 

 

Osun State Government on Friday confirmed the receipt of N11.744 billion as part of the refunds from the Paris Club loans deductions through the Federal Government.
A statement signed by Director, Bureau of Communication & Strategy, Semiu Okanlawon, said that based on the received fund, the governor has approved an upward review of the existing salaries and pensions payment structure with the aim of further easing the financial strains foisted on the workers and pensioners as a result of the national economic challenge the country has faced in recent times.
According to Okanlawon, “After exhaustive deliberations by the Revenue Apportionment Committee which comprises representatives of workers and the government, under the leadership of Comrade Hassan Sumonu; the following decisions have been agreed upon as the reviewed payment structure: that workers from Level 1-7 continue to be paid their 100 per cent salary; that workers on Level 8-10 to now be paid 75 per cent salary; that workers on Level 12-Above to be paid 50 per cent salary.
In the same vein, passive workers (pensioners) on N1,000 -N20,000 to collect 100 per cent pensions; that pensioners on N20,001 -N80,000 to collect N75 per cent pensions; that pensioners on N80,001 to continue to collect 50 per cent of pensions.”
He stressed that the government, on the basis of the newly reviewed payment structure, is to pay salaries and pensions of September, October and November as from Monday December 19th, 2016.
The government assured the entire people of the state that laying a solid foundation for future development of the state is paramount.