Monday, June 16, 2025
No Result
View All Result
News Den Nigeria
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
No Result
View All Result
News Den Nigeria
No Result
View All Result

Delta Spends N1.3bn Monthly On Pensions

by NewsDen Publishers
June 29, 2021
in NEWS, NIGERIA
0
Delta Spends N1.3bn Monthly On Pensions
Share on FacebookShare on TwitterShare on WhatsappSend to Email

DELTA Governor, Sen. (Dr) Ifeanyi Okowa, has said the state government spent N1.3 billion monthly in servicing pension obligations to its retirees.

Okowa made this known on Monday while swearing in nine Special Advisers and Chairman, Bureau of State Pensions, at Government House, Asaba.

He said the state was facing lots of challenges as a result of pressure from the contributory pension scheme, adding that it was tough running the scheme.

Maris School Admission Maris School Admission Maris School Admission
ADVERTISEMENT

Okowa assured that unlike most states in the country, his administration would sustain its commitment to the scheme, because it was in the best interest of workers.

AlsoRead

We Are Not Part Of Itsekiri Nation Says Ikantu Community 

Oborevwori Says Attendance Of LG Council Chairmen At Security Council Meetings Compulsory 

2ND ANNIVERSARY: Oborevwori Inaugurates Multiple Road Projects In Warri

“Delta is one of the very few states that have continued to run the contributory pension scheme.

“As of the last information I have, only eight states are actually truly running the contributory pension scheme because it is expensive for the government to run.

“There are backlogs of payments and it is not because we didn’t want to pay, it is because of the initial information gap that was available at the time of enrolment which has resulted in several billions of arrears called actual services.

“We are doing our best and we will continue to make our own contributions and also contribute meaningfully to reduce the level of debt and I hope that by the time we leave in 2023, we will have done our bit reasonably.

“`I hope, too, that the succeeding administration will also continue to pay for the actual services. I say this because people do not understand that as a state we spend over N1.3 billion monthly in the payment of pensions.

“I am aware that some states don’t spend up to that amount in payment of their entire staff salaries but for payment of state pensions alone we are spending over N1.3 billion monthly,” Okowa said.

He charged the new Special Advisers to discharge their duties in accordance with section 196 (Sub-section 1) of the 1999 Constitution (as amended).

“You are all well acquainted with the key policy thrusts of this administration. Hence, I expect you to work with a greater sense of urgency, unflagging enthusiasm, more creativity and innovative strategies to enable us successfully execute our policies and programmes for the greater good of all.

“As Special Advisers, being experts in your respective fields, I expect nothing but sound and practical advice that will ensure a Stronger Delta standing on the tripod of Prosperity, Peace and Progress.

“You must commit to fairness and equity in the discharge of your duties,’’ he said, and warned the appointees to guard against nepotistic considerations in the discharge of their jobs.

“It is normal that you will come under the pressure to give preferential treatment to your kith and kin as do all public servants, but you must constantly guard against such nepotistic considerations.

“While you are expected to be very active in, and contribute meaningfully to your immediate constituencies, you must also realise that your obligation is to the good people of Delta, irrespective of their ethnic nationality, party affiliation, socio-economic status or educational background,” the governor stated.

Those sworn in as Special Advisers are Chief (Mrs) Mary Iyasere, Dr Austin Obidi, Mr Emmanuel Ogidi, Chief Sunny Emeyese and Senior Apostle Sylvanus Okorote.

Others are Chief Ebikeme Clark, Mr .Pascal Adigwe, Chief Samuel Mariere and Chief Emuoboh Gbagi, while Mr Cyril Agbele was sworn in as Chairman, Bureau of State Pensions.

Responding on behalf of the appointees, Dr Obidi thanked the Governor for finding them worthy to be appointed, and assured that they would discharge their responsibilities faithfully, loyally and dedicatedly. 

ShareTweetSendSend
Previous Post

Biden Orders U.S. Airstrikes On Iran-Backed Militias In Iraq, Syria

Next Post

Okowa Mourns Delta Lawmaker, Ogba

Related Posts

Israel Attacks Iran’s Nuclear And Missile Sites
NEWS

Israel Attacks Iran’s Nuclear And Missile Sites

by NewsDen Publishers
June 13, 2025
Court hears suit challenging sale of Lafarge to Chinese Coy
BUSINESS

Court hears suit challenging sale of Lafarge to Chinese Coy

by NewsDen Publishers
June 11, 2025
Democracy Gives Room For Peaceful Protests Says Onyeme
NEWS

Democracy Gives Room For Peaceful Protests Says Onyeme

by NewsDen Publishers
June 9, 2025
BUA Group Chairman urges Britain, allies to deepen investments, partnership with Nigeria
BUSINESS

BUA Group Chairman urges Britain, allies to deepen investments, partnership with Nigeria

by NewsDen Publishers
June 9, 2025
Coastal resources: INC stresses need for support to coastal resilience, policy
NEWS

Coastal resources: INC stresses need for support to coastal resilience, policy

by NewsDen Publishers
June 8, 2025
Next Post
Okowa Mourns Delta Lawmaker, Ogba

Okowa Mourns Delta Lawmaker, Ogba

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

LATEST

Israel Attacks Iran’s Nuclear And Missile Sites

Israel Attacks Iran’s Nuclear And Missile Sites

June 13, 2025
Court hears suit challenging sale of Lafarge to Chinese Coy

Court hears suit challenging sale of Lafarge to Chinese Coy

June 11, 2025
Democracy Gives Room For Peaceful Protests Says Onyeme

Democracy Gives Room For Peaceful Protests Says Onyeme

June 9, 2025
BUA Group Chairman urges Britain, allies to deepen investments, partnership with Nigeria

BUA Group Chairman urges Britain, allies to deepen investments, partnership with Nigeria

June 9, 2025
Coastal resources: INC stresses need for support to coastal resilience, policy

Coastal resources: INC stresses need for support to coastal resilience, policy

June 8, 2025

TRENDING STORIES

  • LG ELECTION: Chukwu Urges Non-Indigenes To Support, Vote For PDP

    LG ELECTION: Chukwu Urges Non-Indigenes To Support, Vote For PDP

    0 shares
    Share 0 Tweet 0
  • Sex Tape: It Is A Very Short Video, But It Is Me  – Tiwa Savage

    0 shares
    Share 0 Tweet 0
  • Democracy Gives Room For Peaceful Protests Says Onyeme

    0 shares
    Share 0 Tweet 0
  • Oborevwori Says Attendance Of LG Council Chairmen At Security Council Meetings Compulsory 

    0 shares
    Share 0 Tweet 0
  • Onyeme At Arise TV, There Will Be Steady Power Supply In Ndokwa Land

    0 shares
    Share 0 Tweet 0
  • Fr. Ijeh Admonishes Christians To Be Committed To God’s Works

    0 shares
    Share 0 Tweet 0
  • YAGEP Restored My Hope, Says Oghenekevwede

    0 shares
    Share 0 Tweet 0
  • Emetulu Emerges As DBS Boss 

    0 shares
    Share 0 Tweet 0
  • Tetsola Commences Final Journey Today

    0 shares
    Share 0 Tweet 0
  • HOME
  • ABOUT US
  • CONTACT US

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.

No Result
View All Result
  • Home
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • SHOWBIZ
  • EDUCATION
  • BUSINESS
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.