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Bauchi begins N11.7bn gratuity payout to retirees

Bauchi begins N11.7bn gratuity payout to retirees

By Christopher Ameh, Bauchi
BAUCHI — The Bauchi State Government has commenced the disbursement of N11.7 billion to clear outstanding gratuities owed to 5,736 retired civil servants whose benefits have been unpaid since 2012.
Deputy Governor Auwal Jatau, who announced the development on behalf of Governor Bala Mohammed, said the payment was part of a renewed strategy to address pension liabilities inherited from previous administrations.
According to validated government records, the outstanding gratuity obligation stands at N11,704,200,221.83, covering retirees between 2012 and 2016.
The breakdown shows that N6,132,505,444.44 is owed to 3,570 state government retirees, while N5,5...

Source: Vanguard News

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