AkweyaTVAkweyaTVAkweyaTV
  • Home
  • Culture
    • Art & Entertainment
    • Talk
    • Languages
  • Opinions
    • Worldview
  • AkweyaTV
  • History
  • About us
  • Shop
Search
History
Entertainment
  • Home
  • Art & Entertainment
  • Craft
  • Culture
  • History
  • Languages
  • Talk
  • Worldview
  • Shop
    • My account
    • Cart
    • Checkout
  • Bookmarks
    • Sponsored Post
Health
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: 21 States Owe Pensioners Almost N1trn
Share
Sign In
0

No products in the basket.

Notification Show More
Font ResizerAa
Font ResizerAa
AkweyaTVAkweyaTV
0
Search
  • Home
  • Culture
    • Art & Entertainment
    • Talk
    • Languages
  • Opinions
    • Worldview
  • AkweyaTV
  • History
  • About us
  • Shop
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
AkweyaTV > Blog > General News > 21 States Owe Pensioners Almost N1trn
General News

21 States Owe Pensioners Almost N1trn

Idajor Ajah
Last updated: October 18, 2023 12:29 am
By Idajor Ajah - Programme Manager
Share
7 Min Read
SHARE

Contents
Debt Carry-OverWaiting for PensionMonths Turn into YearsDifferent Strokes for Different StatesUnclear Figures

Debt Carry-Over

At least 21 states across Nigeria are grappling with a staggering N790 billion pension and gratuity debt that has been carried over from successive administrations. Rivers State takes the top spot with an outstanding N119 billion, followed closely by Benue State with N100 billion in unpaid retiree benefits.

The South-West region leads the geographical areas with a colossal N256 billion debt, while the Niger Delta region is closely behind, carrying an overwhelming N225 billion in unpaid pensions and gratuities.

This mounting burden has been accumulating over time, with each government finding it increasingly challenging to clear the debts left behind by its predecessors. Remarkably, only two states, Kaduna and Kebbi, are up to date in the payment of pensions and gratuities to their retirees.

The report reveals that around 13 states, at the time of this report, were unable to quantify the precise amount they owe to their retirees. A few of these states, such as Ondo, Ekiti, Ogun, Osun, and Oyo, are dealing with substantial debt burdens ranging from N36 billion to N64 billion.

Waiting for Pension

In Lagos State, over 10,000 retired civil servants are still awaiting their pension rights, amounting to a staggering N10 billion. However, the Lagos State government has disbursed N52 billion to pensioners in the state civil service from 2019 to the present, with plans to clear the backlog of pension arrears starting from 2022.

Rivers State emerges as the most significant debtor, with an eye-popping N119 billion in unpaid benefits dating back to 2003 and stretching into 2023.

It is important to note that while Bayelsa State owes over N28 billion in gratuities dating back to 2007, it has managed to keep up with its pension payments.

Months Turn into Years

In Cross River State, there is an outstanding gratuity debt of N24 billion, which has accumulated over the years. The current governor, Senator Bassey Otu, has pledged to clear this debt by the end of 2023.

Adamawa State is grappling with a pension and gratuity debt of approximately N4 billion, which has been accumulating since 2012 under successive administrations.

While there is no specific figure available for Akwa Ibom State, the state government has been gradually settling outstanding gratuities, with recent releases totalling N1 billion for teachers, state workers, and local government retirees.

Delta State has an outstanding pension and gratuity debt exceeding N54 billion. The state government has made efforts to address this issue, including guaranteeing a N40 billion loan for the payment of accrued benefits of retired local government workers, primary school teachers, and staff of the Local Education Authorities.

In Benue State, the state government owes over N100 billion in unpaid pensions and gratuities. Local government pensioners are owed 96 months of arrears, while state pensioners are facing a backlog of 36 months.

In Nasarawa State, both state and local government retirees are owed over N50 billion in unpaid benefits, but no official has been willing to comment on the situation.

Yobe State has an outstanding gratuity debt of about N2 billion, and the government has been releasing N100 million monthly to offset this debt.

Abia State pensioners are owed 48 months of arrears and 30 months of gratuity arrears, with the government currently making half payments while working towards full settlement upon conclusion of the verification process.

Anambra State has an outstanding debt exceeding N10 billion in pensions and gratuity arrears, with the new administration making efforts to address the issue by gradually settling the inherited debt.

Different Strokes for Different States

The situation varies across states, with some, like Kebbi, Katsina, and Kaduna, being notable exceptions, as they have successfully kept up with pension and gratuity payments.

While Kwara State is up to date with pension payments, there is no updated data available regarding the amount owed in gratuity to pensioners.

Kaduna State stands as a notable exception, as it is up to date in both pension and gratuity payments.

Kebbi State is another state that has successfully kept up with its pension and gratuity payments, despite inheriting backlog debts from previous administrations.

Plateau State is up to date in the payment of pensions but owes over N21 billion in gratuities and death benefits. The state government is making efforts to reduce this burden by steadily releasing payments.

Bauchi State has managed to clear over N4 billion of its pension and gratuity debt but still has approximately N23 billion left unpaid, which has been accumulating since 2011.

Unclear Figures

Imo State does not have a specific figure for the amount owed in pensions and gratuities, but the state government is working to address the issue, with some retirees being paid, demonstrating an apparent focus on resolving the backlog.

In Enugu State, the exact figures remain unclear, but as of August, gratuity alone amounted to N30 billion. The state is working on a strategy to verify the exact amount owed to pensioners.

While Ebonyi State has not disclosed the exact amount owed in pensions and gratuities, the government recently approved the payment of arrears of gratuity to retirees from 1996 to 2021, expending over N3.8 billion.

These debt figures highlight the immense challenges faced by many states in Nigeria when it comes to fulfilling their obligations to retirees. The situation underscores the urgent need for comprehensive reforms and strategies to address the mounting pension and gratuity debts across the nation.

Follow the AkweyaTV channel on WhatsApp: https://whatsapp.com/channel/0029Va7m7dvJuyA7h5XMc22i

TAGGED:DebtPension
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Idajor Ajah
ByIdajor Ajah
Programme Manager
Idajor Maurice Ajah is the Programme Manager for AkweyaTV Limited. He also deploys himself into active media activities including newscasting, event reporting, and interview shows. He holds B.Sc. (Hons) in Business Management from the Benue State University, Makurdi, and a Postgraduate Diploma in Education (PGDE) from Usmanu Danfodiyo University Sokoto. From 2018, he served as the Executive/Managing Editor of the Papyrus Monthly Magazine, in Abuja. He joined Akweya TV Limited in 2020 as the pioneer Programme Manager. He has been a pastoring in large congregations and lectures in about four campuses of the Dunamis School of Ministry (DUSOM). Idajor loves swimming, playing basketball, and meditating in natural environments like streams and gardens.
Previous Article Abuja Church Set to Preach Unity through Culture
Next Article Threat to UN: Press Conference Not the Way Out, Nigerians React

Advertise

  • Advertise with us
  • Newsletters
  • Deal

You Might also Like

General News

NCC Restores Voice, Data Services After Undersea Cable Cuts

March 19, 2024
General News

Gov. Uzodinma Apologises to NLC President

November 11, 2023
CrimeGeneral News

Nwabuoku Seeks Out-of-Court Settlement in N1.96B Fraud Case

February 27, 2025
DevelopmentGeneral News

My Memorable Volunteering Holiday Experience in Abuja

January 23, 2025
…Including You

Check these

  • Advertise with us
  • Newsletters
  • Deal

Top Categories

AkweyaTVAkweyaTV
Follow US
© 2023 Akweya TV Limited. All Rights Reserved. Designed by Ikigai All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?