The Lagos State Water Corporation, LWC has paid N20 million as benefits to seven staff who retired from the corporation.
Managing Director, LWC, Engr. Muminu Badmus, who disclosed this also pledged the corporation’s commitment to prompt payment of retirees’ benefits.
Badmus spoke at the second Bond Certificates presentation ceremony of LWC retirees, held in Ijora, Lagos, Southwest Nigeria on Tuesday.
“Today, seven 2015 retirees of the LWC would be presented with the sum of N20 million,” he disclosed.
He said under the new scheme, this would reduce the waiting period for contributors to access their retirement savings benefits.
The managing director said he was delighted that the 2nd Bond Certificates presentation ceremony of the LWC retirees was possible because of the commitment of the…
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