File photoThe Edo state government has promised to clear all outstanding pension debts before the end of the year 2018 with or without the Paris club refunds.
The Edo State Governor, Godwin Obaseki, said the state government has paid off N6billion of the N10 billion pension arrears that accumulated between 1996 and 2000.
Mr Obaseki made this known when he met with pensioners in the state on Monday to commemorate the 16th Annual National Pensioners’ Day in Benin City, the state capital adding that the N3.9b arrears backlog would be cleared before December 2018.
He said that the arrears had accumulated between 1996 and year 2000 and that the state government has been clearing them in batches.
“For state pensioners, we set aside N100 million monthly to address the balance of about N3.9 billion. We will increase this amount as the state revenue profile increases.
Edo Govt Promises To Clear Pension Debts By 2018
