Bauchi State & LG to Contribute N200 million Monthly for Payment of Pension & Gratuity in the state. – PensionNigeria

Bauchi State & LG to Contribute N200 million Monthly for Payment of Pension & Gratuity in the state.

Governor Bala Mohammed of Bauchi State has disclosed that a joint account would be established between the State Government and Local Government to save N200 million monthly for the payment of pension and gratuity in the state.

The Governor disclosed this during a media parley in Bauchi on Saturday to mark his 100 days in office. He said that the 20 Local Government Areas would contribute N100 million while the state Government will also contributes N100 million.

The funds jointly contributed will be used for payment of backlog of entitlements of retired civil servants in the state to appreciate their 35 years of service.

He said, “we have started settling pension and a joint account will be opened between state government and local government to contribute and save N200 million monthly. This will enable the state government pay gratuity and pension to those that have suffered for 35 years.”

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