The Lagos State Government plans to distribute a total of N3.1 billion to approximately 1,000 retired individuals who diligently served the state under the Contributory Pension Scheme.
The state Governor Babajide Sanwo-Olu announced this news, expressing his appreciation for the retirees’ tireless efforts and emphasizing that their contributions have been recognized.
He acknowledged that these retirees played a crucial role in establishing the prosperous state.
Likewise, in August 2023, the Lagos State Government had already disbursed N2.017 billion to 644 retirees, covering their previous service benefits prior to the implementation of the Contributory Pension Scheme in 2007.
While thanking the retirees for their unwavering dedication, Sanwo-olu noted that their contributions form the very foundation of the vibrant state.
Governor Sanwo-Olu said tweeted on his official X (formerly Twitter) account saying that he was happy to share some news with the retirees. He tweeted “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.”
While thanking the retirees for their unwavering dedication, Sanwo-olu noted that their contributions form the very foundation of the vibrant state.
“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.”
