By PROVIDENCE OBUH

The aged and retired staff of Odua Printing Ltd, a subsidiary of Odua Investment Ltd has decried non-payment of their pensions appealing to the company to save them from dying in suffering.

Speaking to newsmen in Ibadan, Pensioners Spokesman, Mr. Simeon Taiwo, said that the retirees were 17, but five died while others who are still living are incapacitated due to lack of money suffered from non-payment of pension.

Taiwo explained that after they were retired in the early 90s, they went to the management of the company (Odua Investment Ltd) in 2008 and were paid N1.8million as an entitlement to settle them for life. In addition, he said that the highest receiver of the money got about N100.000 which is meagre after spending all their lives with the company.

According to him, “This prompted us to hire a lawyer, who went to the company to solicit for more during a meeting with the Resource Manager, Mr. Abimbola Ilori on February 18, 2014. What we heard from him gave us hope that the company will do something urgent about the matter but to our astonishment, the man has been avoiding us by not making himself available nor picking our calls,” he said.

Meanwhile, The Company’s spokesperson who pleaded anonymity however said that the Odua Investment Company is not indebted to the retirees and the possibility that the company will add to the money is slim because presently it is going through transition.

“The N1.8million paid to them was out of pity because the company, Odua Printing Ltd where they served has folded up,” the spokesperson said.