Thursday 21 December 2017

We will pay severance allowances of past local government functionaries before April 2018 - Ogun govt.

We will pay severance allowances of past local government functionaries before April 2018 - Ogun govt.

Ogun State government has announced that it would pay the severance allowances of the past local government political functionaries in the first quarter in 2018.

The Commissioner for Finance, Mr Wale Osinowo, disclosed this while defending the ministry’s 2018 budget estimate before the House Committee on Finance and Appropriation, in Abeokuta.

“The amount to be paid between 2007-2011 is N540m while the amount between 2011 and 2015 stands at N560m which makes it just over N1.1bn to be paid as severance to the local government political office holders.

“Before the first quarter of 2018, we will ensure we settle the severance allowance." Osinowo said.

The commissioner said the State is yet to receive the third tranche of the Paris refunds which was already paid to 27 States.

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