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July 3, 2023

Delta ALGON clarifies N40bn loan for pension

Delta ALGON clarifies N40bn loan for pension

The Association of Local Governments of Nigeria (ALGON), Delta State chapter, on Monday, clarified reports published in a section of the media as regards the N40 billion borrowed to pay accrued rights owed primary school and local government pensioners in the State.

The State ALGON Chairman, Hon. Victor Ebonka, who gave the clarification after a meeting of the Joint Account Allocation Committee (JAAC) in Asaba, said it was not the State Government that was borrowing the funds.

Flanked by his colleagues, Ebonka said it was the statutory duty of Local Governments to pay pensions to its retirees as well as Local Education Authority (primary school retirees).

He said the problem arose due to error in the enrollment of the workers into the contributory pension scheme.

According to Ebonka, “in this Country constitutionally, we have three tiers of government;  the Federal, the State and the Local Governments. We all have separate responsibilities.