Lagos Disburses ₦1.004 Billion to 465 Retirees for Pre-2007 Pension Benefits
[NigerianEye - Nigeria] - 20/10/2025
The Lagos State Government on Monday presented ₦1,004,795,336.16 to 465 retirees as accrued service benefits for their contributions prior to the 2007 Contributory Pension Scheme (CPS). The ceremony, marking the 111th Batch Retirement Bond Certificates Presentation, was held to honor retirees and reaffirm the state’s commitment to their welfare.Mr. Babalola Obilana, Director-General of the Lagos State Pension Commission (LASPEC), commended Governor Babajide Sanwo-Olu for his dedication to retirees’ well-being despite economic challenges. “Lagos remains a leader in meeting pension (…)
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