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OTA, ADO-ODO/OTA LG, OGUN STATE, NIGERIA – The Aare Atunluse of Awori Kingdom and the Chairman of Mapcotec Nigeria Limited, Aare (Surveyor) Dr. Segun Osifeso has commended President Bola Tinubu for approving a N758 billion pension bond for settling long – standing pension liabilities
Aare Osifeso, who made these remarks during a chat with newsmen at Ota, Ogun State on Tuesday, May 27, 2025, noted that President Tinubu’s bold initiatives represents an unprecedented stride towards creating a more equitable society where retired workers are afforded the dignity they deserve on their retirement
He described the pension bond as a beacon of hope that signified a commitment to addressing the historical neglect suffered by pensioners across the nation.
The renowned Surveyor sympathised with the pensioners whose hopes for dignified retirement were dashed as successive governments failed to prioritize the financial obligations owed the retirees.
Aare Osifeso, however, urged the state governments to emulate this positive action of the federal government and rise to the occasion by also prioritizing the welfare of their retirees, thereby paving the way towards a Nigeria where the dignity of workforce translates into a secured and honourable retirement for every citizen.
While commenting on the impacts of the country’s Free Trade Zones (FTZs) on the nation’s economy, he also lauded President Tinubu for Nigeria’s active engagement in FTZs negotiations that has positioned the country’s FTZs not only as investment hub, but also as engines of economic transformation
The community leader stressed that by offering a stable investor – friendly environment, the FTZs have encouraged companies to set up production facilities in the country rather than importing goods from abroad, thereby attracting foreign direct investments, particularly in manufacturing, agro – processing and energy sectors.
Aare Osifeso, who advocated for the establishment of FTZs in every state, however, noted that the FTZs such as the Lekki FTZ, Calabar FTZ and Kano FTZ have already drawn significant interest from local and international investors as the government ensured businesses within these Zones enjoy incentives such as holidays, simplified customs procedures and infrastructure support.
