The Executive Governor of Lagos state, Mr Babajide Sanwo-Olu, has fulfilled the promise his administration made to retirees within the state as he pays 515 of Lagos Retirees.
Sanwo-Olu had promised the prompt payment of allowances and gratuities due to them. Speaking through his social media platforms, he said he is indeed happy that his administration is now walking the talk as far as these retirees are concerned. In the words of the Governor, he said, “In keeping with our administration’s promise that we will ensure all Lagos state civil service retirees get their accrued pension, I’m indeed glad to say that we have walked the talk.
“Between May 2019 when we took the mantle of leadership and now, over N38 Billion has been paid to 9,865 retirees.”
515 retirees had their savings accounts credited with a total of N1.520 Billion at a bond presentation ceremony held recently.
Governor Sanwo-Olu also talked about how Lagos state is ahead of others in making prompt payments despite the prevalence of plagues all around us.
In his words; “Despite prevailing economic challenges that have plagued the world over, Lagos state government prioritises the welfare of its employees and retirees, and has ensured that monies are promptly remitted into individual employees’ Retirement Savings Accounts (RSAs) monthly, and also made it a priority that retirees access their retirement benefits ASAP. Lagos state is one of the few states in the federation that does not owe monthly pension contributions, and we will not relent in our duties nor renege on our promise to employees and retirees that their welfare will not be taken for granted.”
