Oyo State Government has expressed its displeasure over the 14-day ultimatum given by the state chapter of the Nigeria Union of Pensioners (NUP), saying that, it has approved, on Friday 7 th October 2016, the release of N 880million for the payment of pensions of retired Local Government Pensioners across the State. This statement was made by the Commissioner for Local Government and Chieftaincy Matters, Mr. Bimbo Kolade on Tuesday, stating that, funds for payment of backlog of pension arrears have been approved last week during the monthly Joint Account Allocation Committee meeting held last Friday with all the Caretaker chairmen of Local Government Areas in the state. According to him, “facts and figures I have with me from Local Government Staff Pensions Board indicates that Governor Abiola Ajimobi on Friday, 7 th October 2016, approved the sum of N 880 million for the payment of arrears being owed retired Local Government Primary School teachers and Local Government
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