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Lagos to begin payment of N3.1bn to over 1000 retirees

ByPensionTalk

Feb 12, 2024
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In a tweet post on his X page (formerly Twitter), the Lagos State governor, Babajide Sanwo-Olu, disclosed that the state is set to begin the payment of over N3.1 billion to over 1000 retirees of the state under the Contributory Pension Scheme.

The governor, in the post, also disclosed that the state had paid over N60 billion to over 17,000 retirees since the inception of his administration.

Read the governor’s post below:

“I’m happy to share some news with you that I hope will put smiles on the faces of families.

“Next week, we’re set to disburse N3.1 billion under the Contributory Pension Scheme to over 1,000 retirees who have served our state tirelessly. Your sacrifices have not gone unnoticed.

“It is pertinent to take note of the fact that in the lifetime of our administration, we have disbursed over N60 billion as pension to over 17,000 retirees. This achievement fills us with pride.

“Prioritizing the welfare of those who’ve shaped Lagos’ history is not just a commitment; it’s our legacy. Your trust is paramount, and together, we’re constructing a Lagos that champions its own.

“A heartfelt thank you for your unwavering dedication. Your contributions form the very foundation of our vibrant state. There is so much more to be done, and we will continue to strive to achieve more.”


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