Lagos State Governor, Babajide Sanwo-Olu, on Friday introduced that the state can pay out N3.1 billion to about 1,000 pensioners who’ve tirelessly served the state underneath the Contributory Pension Scheme.
The governor made this recognized via his X-handle, including that the retirees' sacrifices “haven’t gone unnoticed.”
He wrote: 'I'm pleased to share some information with you that I hope will put a smile on households' faces.
“Subsequent week, we are going to disburse N3.1 billion underneath the Contributory Pension Scheme to over 1,000 pensioners who’ve tirelessly served our state.
“It’s pertinent to be aware of the truth that in the course of the lifetime of our authorities, we now have paid out over N60 billion as pension to over 17,000 pensioners. This achievement fills us with satisfaction.”
Whereas thanking the retirees for his or her unwavering dedication, Sanwo-olu famous that their contributions are the inspiration of the colourful state.
“Prioritizing the well-being of those that have formed Lagos' historical past isn’t just an obligation; it’s our legacy. Your belief comes first, and collectively we are going to construct a Lagos that stands up for its personal nation.
“There’s nonetheless a lot extra to be performed and we are going to proceed to attempt to realize extra. Allow us to proceed to construct a stronger, caring Lagos collectively,” he stated.
The Lagos State authorities had that in August 2023 paid N2.017 billion as pension advantages for 644 pensioners.
The cost represented the retirees' retirement advantages earlier than the beginning of the premium pension plan in 2007.
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