The Lagos State Governor, Babajide Sanwo-Olu has said that between May 2019 when he took the mantle of leadership and now, over N38 Billion has been paid to 9,865 retirees.
Sanwo-Olu who disclosed this on Friday tweets, while revealed that 515 retirees had their savings accounts credited with a total of N1.520 Billion at a bond presentation ceremony held recently.
According to him, "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.
"Despite prevailing economic challenges that has plagued the world over, Lagos state government prioritizes the welfare of it’s 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 as soon as possible", he said.
Sanwo-Olu boasted that Lagos 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", the Governor said.
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