According to Oyebade, N508 million has been approved for the payment of retirees under the old pension scheme, while N150 million has been approved for the payment of selected retirees “based on merit” under the contributory pension scheme.

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As reported by THE GUARDIAN, the head of service said N50 million was approved to offset part of the gratuities of retirees under the old pensions scheme.

The head of Service added that the present administration was committed to the welfare of retirees and efforts have been put in place to give workers the pride of place they deserve.

THE GUARDIAN reports that the names of selected retirees had been posted on the notice boards of the Ministry of Information and Civil Orientation, State Pensions Bureau, and the Office of the Head of Service. Jamb Result

He added: “Retirees are enjoined to check their names on the boards as payment will commence on Nov. 23”.

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