The Oyo State Governor, Seyi Makinde has approved 25,00O naira as minimum pension for Pensioners in the state.
The Chairman Nigeria Union of Pensioners, NUP, Oyo State Council, Comrade James Osuntade and the union’s Secretary, Comrade Olusegun Abatan made this known in a statement jointly signed and made available to newsmen.
The union leaders said the review takes effect from January, 2025.
The statement notes that the governor also factored in 33% pension increment which was supposed to have been implemented since 2010, consequential adjustment to pension, 20% on pensions across board and part of 32,000 naira pension increment across board.
Comrade Osuntade and Comrade Abatan appreciated Governor Makinde for his commitment towards the welfare of pensioners in the state.