By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Why Imo Owes Retirees 17 Months Arrears – Rochas Okorocha
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Why Imo Owes Retirees 17 Months Arrears – Rochas Okorocha

Farouk Mohammed
By Farouk Mohammed
Published: June 19, 2016
Share
2 Min Read
SHARE

Rochas-Okorocha-1-1-1-1-1-1-1

Imo State Governor, Rochas Okorocha, has said his inability to pay pensions arrears ruining over 17 months was due to shortfall in allocations from the Federation Account.

In a statement at the weekend by the his Chief Press Secretary, Sam Onwuemeodo, in response to last Wednesday’s protest by retirees, Okorocha urged them to wait till the workers’ verification exercise is concluded in the next few weeks.

Urging those, who are in support of the protest to desist from the act, he said, “The only area the governor felt and still feels worried with the pensioners is their failure or inability to find out the reason for the delay in the payment of their pensions since such hadn’t arisen before now.

- Advertisement -

He said the state used to pay pensioners as and when due until the recent economic crunch, adding “The pensioners do not need to be told that the governor loves them greatly and would have also loved to pay them all the arrears outrightly.”

“The economic situation in the country at the moment occasioned by the mismanagement of the country’s resources over the years, which has also negatively affected finances of the states has called for stringent measures in the payment of salaries and pensions.

He said government wasn’t equally perplexed to discover that between 2011 and now, the number of pensioners in the state has snowballed by 500 per cent, and the amount required to settle arrears has grown from hundreds of millions to billions of naira,” he added.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:ImoRetireesRochas Okorocha
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Jonathan’s Associates Using Niger Delta Avengers to Destabilize Buhari’s Govt. – MEND
Next Article NSCDC Discovers Boko Haram’s Spiritual Book Used to Hypnotise Victims

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Speaker Tajudeen Abbas Foresees More Opposition Leaders Joining APC as Party Strengthens Across Nigeria
Politics
Trump Plans Monday Call with Putin to Push for Ukraine Ceasefire
International
Crystal Palace Clinches Historic First Major Trophy with FA Cup Triumph Over Manchester City
Sport
Who Is Roselande Belony? Meet ‘Pastor’s Daughter’ in Viral Video
Explainer
Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab
‘Lagos is Smelling’: Commissioner Fires Back at Media Personality’s Viral Criticism
News
- Advertisement -
Ad imageAd image

You May Also Like

FAAC Disbursement
News

FAAC Allocation: FG, States, LGs Share N1.681 Trillion Revenue for April 2025

Muhammad A. Aliyu
Muhammad A. Aliyu
May 17, 2025
Politics

Wike Refutes 2027 Presidential Ambitions, Affirms Support for Tinubu

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
EducationTop stories

South-East Senators Raise Alarm Over JAMB UTME Glitch Affecting Region’s Candidates

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?