Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    APC Dismisses Alleged Plot to Assassinate Atiku

    October 20, 2026

    Industrial Stocks Lead NGX Relief Rally, Investors Gain N411bn

    October 20, 2026

    Bankers Urge Oil Licence Holders to Invest Equity Before Seeking Loans

    October 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • APC Dismisses Alleged Plot to Assassinate Atiku
    • Industrial Stocks Lead NGX Relief Rally, Investors Gain N411bn
    • Bankers Urge Oil Licence Holders to Invest Equity Before Seeking Loans
    • NCC Moves to Expand Phone Number Fraud Checks Across Sectors
    • NUPRC Cautions Oil Licence Holders Over Dormant Assets
    • Moniepoint’s N1trn Small Businesses Credit Earns Its Fintech Award
    • Trump Accuses Ukraine of Unreciprocated Support
    • NVDAB Declines as Nvidia Stock Faces Sell Pressure
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, October 20
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Kano Settles N32 billion Gratuity Backlogs, Yusuf Says

    Kano Settles N32 billion Gratuity Backlogs, Yusuf Says

    Olu AnisereBy Olu AnisereApril 8, 2026 News No Comments2 Mins Read
    Kano Settles N32 billion Gratuity Backlogs, Yusuf Says
    Gov. Abba Yusuf of Kano State
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Kano Settles N32 billion Gratuity Backlogs, Yusuf Says

    Gov. Abba Yusuf of Kano State has paid N32 billion out of N48 billion gratuity backlogs of retirees inherited in 2023. Yusuf disclosed this on Wednesday in Kano during the inauguration of the sixth tranche of payments to retirees in the state.

    The governor said the payments also covered the death benefits inherited in 2023.

    The governor explained that N27 billion was paid in five tranches, with N5 billion disbursed in the sixth tranche, bringing the total payments to N32 billion.

    “As  at May 2023, this administration inherited N48 billion gratuity backlogs. However, N27 billion in five tranches and the new  N5 billion for the sixth tranche have been released.

    ” As we speak, my administration has released N32 billion to clear some backlogs with N16 billion pending,” he said.

    The governor promised to clear the outstanding gratuity backlogs as part of efforts to address long-standing liabilities and reposition the state for responsible governance.

    According to him, the payments were effected to reduce the hardship faced by retirees and families of deceased workers, restore confidence in government and promote social justice.

    He commended the leadership of the Nigeria Union of Pensioners (NUP) for exercising patience and cooperation.

    Malam Abubakar Hussein, a pensioner, who spoke on behalf of other pensioners express appreciation to the governor for his kind gesture and canvassed continuous support for the Yusuf led- administration. Naira Gains N15, Interbank FX Deals Increase Sharply

    Kano
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    APC Dismisses Alleged Plot to Assassinate Atiku

    Industrial Stocks Lead NGX Relief Rally, Investors Gain N411bn

    Bankers Urge Oil Licence Holders to Invest Equity Before Seeking Loans

    NCC Moves to Expand Phone Number Fraud Checks Across Sectors

    NUPRC Cautions Oil Licence Holders Over Dormant Assets

    Trump Accuses Ukraine of Unreciprocated Support

    Add A Comment

    Comments are closed.

    Editors Picks

    APC Dismisses Alleged Plot to Assassinate Atiku

    October 20, 2026

    Industrial Stocks Lead NGX Relief Rally, Investors Gain N411bn

    October 20, 2026

    Bankers Urge Oil Licence Holders to Invest Equity Before Seeking Loans

    October 20, 2026

    NCC Moves to Expand Phone Number Fraud Checks Across Sectors

    October 20, 2026

    NUPRC Cautions Oil Licence Holders Over Dormant Assets

    October 20, 2026
    Latest Posts

    APC Dismisses Alleged Plot to Assassinate Atiku

    October 20, 2026

    Industrial Stocks Lead NGX Relief Rally, Investors Gain N411bn

    October 20, 2026

    Bankers Urge Oil Licence Holders to Invest Equity Before Seeking Loans

    October 20, 2026

    NCC Moves to Expand Phone Number Fraud Checks Across Sectors

    October 20, 2026

    NUPRC Cautions Oil Licence Holders Over Dormant Assets

    October 20, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.