Adeleke approves N4bn pension bond, gets workers’ endorsement for second term
By Deborah Oladejo, Osogbo
Osun State Governor, Ademola Adeleke, has approved the release of over N4 billion in bond payments for pensioners across the state.
Speaking at the 2025 Workers’ Day rally held at Fakunle Unity School, Osogbo, Governor Adeleke said the payment covers retirees under the Contributory Pension Scheme at both the state and local government levels.
The governor also announced the commencement of the 2025 promotion exercise for eligible civil servants, including local government staff.
“As I speak, April 2025 salaries and allowances have been paid to all categories of workers in Osun State,” Adeleke said. “We are steadily addressing the 30-month backlog of half-salary payments, particularly for contributory pensioners, and are nearing completion.”
He added that his administration has consistently implemented the national minimum wage, which he described as one of the most competitive in the country. “We have cleared all outstanding deductions and promotion arrears inherited from previous administrations, including the cash backing of such promotions.”
Earlier at the event, the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) in the state publicly endorsed Adeleke for a second term. NLC Chairman, Comrade Christopher Arapasopo, and TUC Chairman, Comrade Bimbo Fasasi, cited extensive consultations with union members and the governor’s impressive record of pro-worker policies.
They listed Adeleke’s achievements to include the prompt payment of salaries and pensions, settlement of outstanding salary arrears and cooperative deductions, and the full implementation of a new minimum wage structure—N75,554.28 for workers and N25,000 for pensioners.
