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

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…

Retirement: Lagos and Ogun pay retirees over N114bn in 3 and half years

The Ogun State and Lagos State governments have both revealed that they had paid a combined sum of N114.5bn in past three and half years.

Lagos pays N1.12bn accrued pension rights to 438 Retirees in April 2022

The Lagos State government said on Friday that it had paid N1.128 billion in April which represents the accrued pensions and contributions to 438 retirees. Ajibola Ponnle, the Commissioner for…

222 Lagos Retirees Paid Over ₦1 Billion Under the CPS – LASPEC

Mr. Babalola Obilana, Director-General of the Lagos State Pension Commission (LASPEC), said that the State Government paid N1,043,450,492.40 to 222 retirees under the Contributory Pension Scheme. He stated this recently…

Report on the Status of CPS implementation in the South West Zone as at March 2021

Ogun The state has accrued pension rights arrears, it has yet to open a retirement benefit bond redemption fund account, it has yet to begin funding the accrued pension rights,…

Lagos approves increase of Retirees pension by 33%

Babajide Sanwo-Olu, the Governor of Lagos State, has approved a 33% increase in the pensions of retirees under the Defined Pension Scheme (DBS) as a result of the New Minimum…

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