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Ogun State Government Announces Pension, Gratuity Backlog Clearance Between 2012 and 2020

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The Ogun State Government has announced the clearance of pension and gratuity arrears owed to workers who retired between 2012 and 2020, reaffirming its commitment to the welfare of retirees.

The Economic Adviser and Commissioner for Finance, Dapo Okubadejo, disclosed this on Tuesday during a media parley organised by the Ogun State Ministry of Budget and Planning.

Okubadejo explained that the backlog was linked to the Defined Benefits Scheme, under which retirees receive monthly pension payments, stressing that the present administration of Governor Dapo Abiodun has not defaulted on pension obligations since assuming office.

“Since the inception of this administration, we have not missed a single month of pension payment. What we inherited were arrears tied to the Defined Benefits Scheme,” he said.

According to him, annual pension payments rose from ₦6.7 billion in 2019 to ₦20 billion in 2025, with projections showing a possible increase to ₦40 billion by 2029.

He disclosed that the state had so far paid ₦23.3 billion in gratuities covering retirees from 2012 to 2020, alongside ₦32.8 billion in outstanding gratuities for local government retirees inherited by the administration.

Okubadejo added that between 2019 and July 2, 2025, the state disbursed ₦93.26 billion in pensions under the Defined Benefits Scheme and ₦94.78 billion to local government pensioners.

He assured that the remaining backlog would be cleared as Internally Generated Revenue (IGR) continues to improve, noting that over 300 workers who retired in July 2025 are currently receiving six-month palliatives pending the completion of their pension documentation.

The commissioner also described the newly approved Additional Pension Benefits (APB) as the first of its kind in Nigeria, adding that amendments to the state’s pension law would be pursued to formally integrate the scheme.

On the state’s fiscal outlook, Okubadejo revealed that the 2026 budget increased from ₦1.054 trillion in 2025 to ₦1.668 trillion, while Ogun’s economy expanded from ₦3.5 trillion in 2019 to ₦18.96 trillion in 2026.

He added that IGR grew from ₦50 billion in 2019 to ₦240 billion in 2025, with projections of ₦512 billion this year.

Also speaking, the Commissioner for Budget and Planning, Olaolu Olabimtan, said the 2026 budget reflects strong fiscal reforms, noting an 85 per cent budget execution rate in 2024 and sustained financial stability.

Other commissioners highlighted sectoral achievements, including massive road construction, increased healthcare funding, rail extension plans, education support programmes, and expanded housing projects across the state.

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‘Poverty Is Never Nigeria’s Destiny ‘ – SDP Chieftain, Adebayo Blasts Tinubu Govt

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The Social Democratic Party, SDP, presidential candidate, Adewole Adebayo, has again slammed the administration of President Bola Tinubu over the level of hardship in the country.

In a post on his verified X handle on Tuesday, Adebayo said poverty is not Nigeria’s destiny, lamenting that poverty is the consequence of policy failures and poor leadership.

Adebayo stated that Nigeria could reverse its economic fortunes through what he described as the right government, clear priorities and deliberate planning.

The SDP’s presidential candidate pointed out that despite three years of economic reforms, millions of Nigerians continue to struggle with rising hardship and reduced purchasing power.

“Poverty is not Nigeria’s destiny. It is the result of failed leadership and it can be defeated with the right government, the right priorities and the right plan,” Adebayo stated.

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Breaking News: NDC Approves key Appointments Amid Growing Crisis

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The Nigeria Democratic Congress, NDC, has approved the appointments of Agada Abuh Theophilus as Director of New Media and Strategic Communications and Brian Dennis as Deputy Director of New Media and Strategic Communications.

The appointments were announced in a statement issued by the party’s National Publicity Secretary, Osa Director.

“The Nigeria Democratic Congress (NDC) has approved the appointments of Agada Abuh Theophilus as Director of New Media and Strategic Communications, and Brian Dennis as Deputy Director of New Media and Strategic Communications

“The party is excited to welcome both appointees and looks forward to the energy, expertise, and fresh perspective they bring to its communications efforts. The NDC is confident that their leadership will strengthen the party’s voice and deepen its engagement with Nigerians across every platform,” part of the statement read.

According to the statement, Theophilus is a strategic communications professional with experience in political campaigns, corporate brand management, institutional public relations and new media.

He is an Associate of the Nigerian Institute of Public Relations, holds a Master’s degree in Development Communications and is currently pursuing a PhD focused on election administration and management.

Dennis, the statement added, is a communications analyst with seven years of experience in strategic and political communications. He holds a Master’s degree in Peace and Conflict Resolution.

The NDC said the appointments are expected to strengthen the party’s communications structure and enhance engagement with Nigerians across various platforms.

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