Lagos pays N801 million to 179 retirees

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LASPEC DG, Folashade Onanuga

By Kazeem Ugbodaga

The Lagos State Government  has paid N801 million to another set of 179 retirees as accrued Pension rights for the month of February, 2017.

The beneficiaries of this payment, who are from the mainstream Civil Service, Local Government and State Universal Basic Education Board, Teachers Establishment Pensions Office and other Parastatals of government, expressed gratitude to the state government for its consistency in the payment of terminal benefits.

Speaking at the 36th Retirement Benefit Bond Certificate Presentation Ceremony held on Tuesday at the NECA House, CBD, Ikeja, Lagos, Southwest Nigeria, the Director-General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga congratulated the beneficiaries and implored them to use it judiciously.

According to her, the current recession made it mandatory for individuals to…

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