Governor Oborevwori Borrows N40bn To Pay Retired Teachers’ Pensions

by Mercy Ulasi
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The DELTA State House of Assembly has approved Governor Sheriff Oborevwori’s proposal for an N40 billion credit facility to cover unpaid pensions owed to retired primary school teachers and local government employees in the state.

In a letter of request to the House, Governor Oborevwori indicated that the credit facility was intended to help the state’s 25 local government councils pay for a significant portion of Accrued Rights of Local Government Pensioners.

The approval was listed as one of the requirements for using the facility in the letter that House Speaker Emomotimi Guwor read aloud during the session.

The governor noted that at a meeting in his office with local government council chairmen and other stakeholders, it was resolved that a credit facility be sourced from commercial bank to pay the retirees.
According to him, the bank had availed the 25 local government councils the said facility in a prorated manner, in tune with their respective indebtedness to pensioners for which offer letters have been served to all the chairmen by the bank.

Kingsley Emu appointed By Oborevwori As SSG

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House Majority Leader, Emeka Nwaobi, stressed the need for the credit facility, noting that payment of backlogs owed the local government pensioners would put smiles on the faces of many homes in the state.
He said the non-payment of pensions had sent greater percentage of retirees to their early grave in the past, emphasising the need for the lawmakers to approve the request from the executive in order to stop the development.

On their part, the Minority Leader, Edafe Emakpor, and the member representing Bomadi constituency, Oboro Preyor, said it was necessary for government to address challenges faced by pensioners at the local government level.

The House granted the request following a motion by Nwaobi and seconded by the Chief Whip, Perkins Umukoro.
The Speaker, Guwor, lauded the lawmakers for their support for early attention to the request, assuring of a robust synergy between the house and the Executive for greater socio-economic development of the state.

 

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