• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, April 30, 2026
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Legislative Matters

Delta Assembly approves N40bn credit facility to defray backlogs owed Local Govt pensioners

by NewsNet Nigeria
3 years ago
in Legislative Matters, News
Delta Assembly approves N40bn credit facility to defray backlogs owed Local Govt pensioners

Delta Assembly Speaker, Rt Hon Emomotimi Guwor

Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

As part of government efforts to reduce the backlogs of accumulated pensions owed to retired Primary School Teachers and local government employees in the state, the Delta State House of Assembly has approved the request for a Forty Billion naira credit facility.

The request was contained in a letter to the House by the State Governor, Rt Hon Sheriff Oborevwori at the instance of the 25 local government councils of the state.

Governor Sheriff Oborevwori’s letter to the State Assembly was read by the Speaker, Rt Hon Emomotimi Guwor at plenary.

Oborevwori explained that the credit facility was for the 25 Local Government Councils in the State, aimed at assisting them in defraying a substantial part of Accrued Rights of Local Government Pensioners.

He disclosed that the approval was part of the conditions relevant in accessing the facility, which is anticipated to help alleviate the plight of senior citizens of the State who served and retired at the local government level.

ALSO READ  “A Beacon of Hope” — Guwor Salutes Onyeme’s Leadership as He Turns 61

Oborevwori informed the House that a meeting was held in his office with local government council Chairmen and other stakeholders where it was unanimously resolved that a credit facility be sourced from commercial bank to pay the council retirees.

He told the lawmakers that Zenith Bank PLC has availed the 25 local government councils the said facility in a prorated manner, in tune with their respective indebtedness to pensioners for which offer letters have been served to all the Chairmen by the bank.

He reaffirmed the commitment of his administration in collaborating with the State Chapter of the Association of Local Government of Nigeria, ALGON, to reduce the backlog of accumulated pensions owed retirees and enhance the welfare of the people.

ALSO READ  Delta Loses a Trusted Voice as Oborevwori, Guwor, Aniagwu Mourn DBS Broadcaster Vivian Nkechika

House Majority Leader, Emeka Nwaobi while highlighting the need for the credit facility, said the challenge of retired local government workers paid their pensions and other benefits has been a major concern and commended the Oborevwori led administration for collaborating with ALGON towards changing the narratives for good.

Nwaobi stated that payment of the backlogs owed the local government pensioners would put smiles on the faces of many homes in the state, particularly at this material time that the cost of living rose astronomically as a result of the recent removal of fuel subsidy which he noted was having negative economic effects on Nigerians.

The Majority Leader maintained that the nonpayment of pensions had in the past, sent a greater percentage of retirees to their early grave, stressing the need for the lawmakers to graciously approve the request of the Executive in order to stop the ugly development.

ALSO READ  “Not Just Plaques”: Guwor Says Oborevwori’s Awards Reflect Real Change Across Delta

In their remarks, the Minority Leader, Edafe Emakpor and the member representing Bomadi constituency, Oboro Preyor acknowledged the need for government to address challenges faced Pensioners at the local government level in the state, stressing that those involved and their families were indeed going through difficult times.

The House, unanimously gave a nod to the request following a motion to that effect by Majority leader, Hon Emeka Nwaobi and seconded by the Chief Whip, Hon. Perkins Umukoro.

The Speaker, Emomotimi Guwor commended the lawmakers for their support for early attention to the request, just as he assured of a robust synergy between the State Assembly and the Executive for greater socio-economic development in Delta State.

Previous Post

Agbateyiniro-led Delta Ethnic Nationalities Youth Leaders sides with Okowa, says Clark’s attacks unnecessary

Next Post

Delta Speaker congratulates Dein of Agbor at 46, commends him for showing good leadership

MORE NEWS

Not Sacked: Presidency Clarifies Edun, Dangiwa’s Exit from Tinubu’s Cabinet
National News

Not Sacked: Presidency Clarifies Edun, Dangiwa’s Exit from Tinubu’s Cabinet

April 22, 2026
ECIU Constitution Crisis: Ukpebitere Fires Back, Claims Committee Submitted Draft Before NEC Meeting
Local News

ECIU Constitution Crisis: Ukpebitere Fires Back, Claims Committee Submitted Draft Before NEC Meeting

April 16, 2026
ECIU Constitution Crisis: Committee Rejects Ukpebitere’s Tenure Amendment Plan
Local News

ECIU Constitution Crisis: Committee Rejects Ukpebitere’s Tenure Amendment Plan

April 15, 2026
Ijaw Nation Backs Tinubu, Oborevwori for 2027 in Massive Bomadi Show of Unity
News

Ijaw Nation Backs Tinubu, Oborevwori for 2027 in Massive Bomadi Show of Unity

April 15, 2026
Next Post
Delta Speaker congratulates Dein of Agbor at 46, commends him for showing good leadership

Delta Speaker congratulates Dein of Agbor at 46, commends him for showing good leadership

Leave Comment

RECENT STORIES

2027: Ukuyoma Declares for Uvwie Assembly Seat, Promises Fresh Ideas, True Representation

2027: Ukuyoma Declares for Uvwie Assembly Seat, Promises Fresh Ideas, True Representation

April 29, 2026
2027 Reps Race Heats Up as ‘Mr Due Process’ Victor Picks APC Forms for Ndokwa/Ukwuani

2027 Reps Race Heats Up as ‘Mr Due Process’ Victor Picks APC Forms for Ndokwa/Ukwuani

April 29, 2026
Senator Dafinone to Police: Bring Killer Officer to Justice Over Ogidi’s Death

Senator Dafinone to Police: Bring Killer Officer to Justice Over Ogidi’s Death

April 29, 2026
Delta DRF Supplies Drugs to 337 PHCs, Seeks More Vehicles for Rural Deliveries

Delta DRF Supplies Drugs to 337 PHCs, Seeks More Vehicles for Rural Deliveries

April 28, 2026
DELSU Fires Female Staff Over Extortion as Asagba Vows Crackdown on Sharp Practices Ahead of Convocation

DELSU Fires Female Staff Over Extortion as Asagba Vows Crackdown on Sharp Practices Ahead of Convocation

April 28, 2026

TRENDING STORIES

  • “Step Aside with Honour”: Delta Central Stakeholders Warn Omo-Agege Against 2027 Senate Return

    The Arrogance Of Omission: How Omo-Agege Disrespected Governor Oborevwori And Dimmed His Own Declaration

    0 shares
    Share 0 Tweet 0
  • DELSU Fires Female Staff Over Extortion as Asagba Vows Crackdown on Sharp Practices Ahead of Convocation

    0 shares
    Share 0 Tweet 0
  • Senator Dafinone to Police: Bring Killer Officer to Justice Over Ogidi’s Death

    0 shares
    Share 0 Tweet 0
  • Emerhor Steps Aside for Dafinone in Major Delta Central APC Unity Move

    0 shares
    Share 0 Tweet 0
  • Delta Central 2027: Why John Nani Should Be APC’s Quiet Game-Changer

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.