National Telescope national telescope newspaper
The Lagos State Government has disclosed its plans to disburse N3.1bn to about 1,000 retirees who have served the state tirelessly under the Contributory Pension Scheme.
It will be recalled that the state government had in August 2023 paid N2.017bn as benefits to 644 retirees.
However, the Lagos State Governor, Babajide Sanwo-Olu, in a post on his X handle on Friday, N3.1billion will be disbursed to the retirees.
He maintained that the government will continue to prioritise the welfare of its workers including the retirees, saying their sacrifices “have not gone unnoticed.”
He wrote, “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 N3.1bn under the Contributory Pension Scheme to over 1,000 retirees who have served our state tirelessly.
“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.
“Prioritising 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.
“There is so much more to be done, and we will continue to strive to achieve more. Let’s keep building a stronger, caring Lagos together.”
