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flag Ogun State cleared 8 years of pension and gratuity arrears for retirees from 2012–2020, paying N23.3B in gratuities and boosting pension funding to N20B in 2025.

flag Ogun State has cleared eight years of pension and gratuity arrears for retirees who retired between 2012 and 2020, fulfilling a major commitment under the Defined Benefits Scheme. flag Finance Commissioner Dapo Okubadejo confirmed the state paid N23.3 billion in gratuities and inherited N32.8 billion in unpaid benefits, with annual pension payments rising from N6.7 billion in 2019 to N20 billion in 2025, projected to reach N40 billion by 2029. flag The state also introduced Nigeria’s first Additional Pension Benefits scheme, plans to amend pension laws, and boosted its 2026 budget to N1.668 trillion as internally generated revenue grew from N50 billion in 2019 to N240 billion in 2025.

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