• Home
  • Stories
    • Politics
    • Business
    • Arts & Culture
    • Health
      Medical Tourism: NMA mocks Buhari, others, says emulate Osinbajo

      Medical Tourism: NMA mocks Buhari, others, says emulate Osinbajo

      Organ Trafficking: New facts emerge that might help Ekweremadu

      Organ Harvesting: You are a liar, UK court tells David

      Battling VVF: Tragic stories of girl brides of Sokoto

      Battling VVF: Tragic stories of girl brides of Sokoto

      FG partners firm to launch tobacco dashboard as tobacco tax increases by 30 percent

      FG partners firm to launch tobacco dashboard as tobacco tax increases by 30 percent

      Why Tobacco Products are bad for you- FG tells students

      Why Tobacco Products are bad for you- FG tells students

      Big Tobacco: Nigeria launches Tobacco Control Data Initiative Dashboard  

      Big Tobacco: Nigeria launches Tobacco Control Data Initiative Dashboard  

      Malnutrition: Religious leaders join campaign for improved nutrition in Nigeria

      Malnutrition: Religious leaders join campaign for improved nutrition in Nigeria

    • Security
    • Travel
  • World
  • Africa
  • Humans of Abuja
  • Investigation
  • Development
  • Contact
Infactng
  • Home
  • Stories
    • Politics
    • Business
    • Arts & Culture
    • Health
      Medical Tourism: NMA mocks Buhari, others, says emulate Osinbajo

      Medical Tourism: NMA mocks Buhari, others, says emulate Osinbajo

      Organ Trafficking: New facts emerge that might help Ekweremadu

      Organ Harvesting: You are a liar, UK court tells David

      Battling VVF: Tragic stories of girl brides of Sokoto

      Battling VVF: Tragic stories of girl brides of Sokoto

      FG partners firm to launch tobacco dashboard as tobacco tax increases by 30 percent

      FG partners firm to launch tobacco dashboard as tobacco tax increases by 30 percent

      Why Tobacco Products are bad for you- FG tells students

      Why Tobacco Products are bad for you- FG tells students

      Big Tobacco: Nigeria launches Tobacco Control Data Initiative Dashboard  

      Big Tobacco: Nigeria launches Tobacco Control Data Initiative Dashboard  

      Malnutrition: Religious leaders join campaign for improved nutrition in Nigeria

      Malnutrition: Religious leaders join campaign for improved nutrition in Nigeria

    • Security
    • Travel
  • World
  • Africa
  • Humans of Abuja
  • Investigation
  • Development
  • Contact
No Result
View All Result
Infactng
No Result
View All Result

Lagos pays N1.3bn to another set of retirees

November 1, 2020

The Lagos State Government has paid, more than N1 billion into the Retirement Savings Account (RSA’s) of 246 retirees in the state’s public service for October.

Mr Babalola Obilana, Director General, Lagos State Pension Commission (LASPEC), made the disclosure in a statement on Sunday in Lagos.

“A total of one billion, three million, three hundred and seventy-four thousand, three hundred and seventy-two Naira, sixty-eight kobo was paid,” Obilana said.

He explained that the beneficiaries, included employees from the mainstream service, Local Government Service, State Universal Basic Education Board (SUBEB), Teaching Service Commission (TESCOM) and other parastatals of the state government.

According to him, Gov. Babajide Sanwo-Olu has consistently paid the monthly entitlements of retirees and backlog of some unpaid pension inherited from previous administrations.

The director-general congratulated all the retirees for rendering meritorious service to the state.

READ ALSO: Soldiers didn’t kill 4 persons, dump bodies inside pond in Jos – DHQ

Obilana said that in spite of the state of the nation and aftermath of the global COVID-19 pandemic, the state government in line with the vision of a greater Lagos and its commitment to financial freedom for the state’s retirees, ensured the payment of pension entitlements.

“This shows the commitment of Gov. Sanwo-Olu to the welfare of the pensioners in the state,” he said.

The director-general enlightened the retirees on the two payment options available for accessing their monthly pension entitlements which is the Programme Withdrawal and Life Annuity.

He urged the retirees to understand the details of the two options and choose the most appropriate option suitable for their situation.

Share120Tweet75Share30
INFACTNG

INFACTNG

Related Posts

Inflation: I’m going bankrupt, Obasanjo cries out
Business

Inflation: I’m going bankrupt, Obasanjo cries out

August 3, 2022

By InfactNG It sounded like a joke, but former president, Olusegun Obasanjo is no comedian when he said the inflation and shrinking economy in the country is affecting his business and may lead to his bankruptcy. Obasanjo said the...

You don’t know what you are talking about, Datti Ahmed slams Okowa over Peter Obi’s experience
Business

You don’t know what you are talking about, Datti Ahmed slams Okowa over Peter Obi’s experience

August 2, 2022

By Taiwo Ajala Delta state governor and vice presidential candidate of the Peoples Democratic Party (PDP), Ifeanyi Okowa has come under fire for his comments questioning Peter Obi’s credentials and experience to be president. Datti Baba-Ahmed, vice-presidential candidate of...

Business

No Christian good enough is hogwash, Dogara slams Tinubu

July 29, 2022

By Taiwo Ajala The argument against a northern Christian running mate for the All Progressive Congress presidential candidate Bola Tinubu is nothing but hogwash, according to a former speaker of the House of Representatives, Yakubu Dogara. Dogara spoke on...

Crime: Soludo turns to Herbalists, Witches for help
Business

Crime: Soludo turns to Herbalists, Witches for help

July 20, 2022

By InfactNG If you want to end crime and criminality in a state, who do you turn to, the police or non-state actors? Well, Anambra state governor, Charles Soludo has found an ingenious way around the problem of kidnapping,...

Comments 1

  1. Pingback: Couple married for 72 years die same day - Infactng

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Police Corporal in viral assault video is dismissed August 13, 2022
  • Dele Arogundade’s 7 steps to overcoming COVID-19 distruptions August 13, 2022
  • For a Prosperous Future, Look to the Women August 12, 2022
  • Biyi Bandele: A storyteller, gone the way of his tales August 9, 2022
  • Join PDP? Over my dead body, says El-rufai August 9, 2022

Categories

  • Africa (12)
  • Agriculture (12)
  • Agriculture (3)
  • Arts & Culture (25)
  • Business (210)
  • Cover (15)
  • COVER STORY (47)
  • Development (21)
  • ENDSARS PROTESTS (39)
  • Features (10)
  • Health (72)
  • Humans of Abuja (5)
  • Investigation (8)
  • Law (15)
  • News (682)
  • Obituary (19)
  • Opinion (27)
  • Politics (148)
  • Security (176)
  • Stories (318)
  • Travel (5)
  • World (39)

Popular

  • Six years pregnancy: A Miracle too hard to believe

    Six years pregnancy: A Miracle too hard to believe

    457 shares
    Share 183 Tweet 114
  • Akindele Oluwaseun: ‘Crying Teacher’ who receive over N1m donation and gave it all out

    374 shares
    Share 150 Tweet 94
  • How first female combat Pilot was killed

    355 shares
    Share 142 Tweet 89
  • Army throws out ‘nosey’ editor from own platform

    354 shares
    Share 142 Tweet 89
  • AGRA’s Greatest Achievement Has Been to Give Farmers Choices – Andrew Cox

    366 shares
    Share 155 Tweet 88

  • Contact
  • News

© 2020 Infactng – Investigative Journalism

No Result
View All Result
  • Home
  • Stories
    • Politics
    • Business
    • Arts & Culture
    • Health
    • Security
    • Travel
  • World
  • Africa
  • Humans of Abuja
  • Investigation
  • Development
  • Contact