• Home
  • Stories
    • Politics
    • Business
    • Arts & Culture
    • Health
      Bill Gates

      Next pandemic will be man-made, deadly – Bill Gates warns

      BMGF takes giant leap, expands Board as Econet Billionaire Masiyiwa makes the cut

      Does our foundation have too much influence? Here’s how I see it

      The doctor pronounced him dead in the car, they did not remove the corpse, they did not separate his wife fro him -Osita Chidoka

      The doctor pronounced him dead in the car, they did not remove the corpse, they did not separate his wife fro him -Osita Chidoka

      If you are a doctor planning Japa to the UK, you may end up in salve camp, says BBC report

      If you are a doctor planning Japa to the UK, you may end up in salve camp, says BBC report

      Good News: Nigerian Doctors suspend strike

      Good News: Nigerian Doctors suspend strike

      CAN, JNI meet Fed. Govt to reverse downward nutrition trend in Nigeria

      CAN, JNI meet Fed. Govt to reverse downward nutrition trend in Nigeria

      FG approves three additional orthopaedic hospitals

      FG approves three additional orthopaedic hospitals

    • Security
    • Travel
  • World
  • Africa
  • Humans of Abuja
  • Investigation
  • Development
  • Contact
Infactng
  • Home
  • Stories
    • Politics
    • Business
    • Arts & Culture
    • Health
      Bill Gates

      Next pandemic will be man-made, deadly – Bill Gates warns

      BMGF takes giant leap, expands Board as Econet Billionaire Masiyiwa makes the cut

      Does our foundation have too much influence? Here’s how I see it

      The doctor pronounced him dead in the car, they did not remove the corpse, they did not separate his wife fro him -Osita Chidoka

      The doctor pronounced him dead in the car, they did not remove the corpse, they did not separate his wife fro him -Osita Chidoka

      If you are a doctor planning Japa to the UK, you may end up in salve camp, says BBC report

      If you are a doctor planning Japa to the UK, you may end up in salve camp, says BBC report

      Good News: Nigerian Doctors suspend strike

      Good News: Nigerian Doctors suspend strike

      CAN, JNI meet Fed. Govt to reverse downward nutrition trend in Nigeria

      CAN, JNI meet Fed. Govt to reverse downward nutrition trend in Nigeria

      FG approves three additional orthopaedic hospitals

      FG approves three additional orthopaedic hospitals

    • 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.

Share121Tweet76Share30
INFACTNG

INFACTNG

Related Posts

An empty runway at the Airport
Business

Protest: Aviation unions ground Lagos Airport, passengers stranded

April 17, 2023

An empty runway at the Airport Travellers were on Monday left stranded at the Lagos Airport following the two-day warning strike by aviation unions to press their demand for implementation of their conditions of service, the plans to demolish...

You cant pick your successor, Reno Omokri fumes at Buhari
Business

Naira Redesign: Buhari not giving up, challenges suit in S’ Court

February 9, 2023

Godwin Emefiele: Is Naira redesign a political ploy? By Eloho Igbru President Muhammadu Buhari is not giving up on his failed naira redesign policy after he challenged the decision of the Supreme Court yesterday to suspend the banning of...

Terrorism: We are reviewing current operations, says NAF
Business

2023 Elections: NAF ready to airlift sensitive election materials

January 26, 2023

By Admin The Honourable Minister of Defence, Major General Bashir Salihi Magashi (rtd), has commended the Nigerian Air Force (NAF) for its readiness to support the Independent National Electoral Commission (INEC) to airlift its staff and logistics before, during...

Winners emerge in WE YOU HAP political contest
Business

Winners emerge in WE YOU HAP political contest

January 19, 2023

By Ekpenriebe Lucky Seven winners have emerged in different categories in an online competition targeting women and youth preparedness for the forthcoming general election. The competition was organised by the WE-YOU-HAP Project led by ActionAid Nigeria and other consortium...

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

  • The legend of Olurombi May 11, 2023
  • Osinbajo to launch Arukaino Umukoro’s book in Abuja May 10, 2023
  • Fire at Airforce Base, leaves no casualty May 10, 2023
  • FG begins pay rise for workers to cushion subsidy removal effect April 18, 2023
  • Gay: Man standing trial for romance scam April 18, 2023

Categories

  • Africa (12)
  • Agriculture (3)
  • Agriculture (12)
  • Arts & Culture (30)
  • Business (221)
  • Cover (24)
  • COVER STORY (57)
  • Development (25)
  • ENDSARS PROTESTS (39)
  • Features (12)
  • Health (79)
  • Humans of Abuja (5)
  • Investigation (8)
  • Law (15)
  • News (760)
  • Obituary (20)
  • Opinion (34)
  • Politics (171)
  • Security (182)
  • Stories (339)
  • Travel (6)
  • World (42)

Popular

  • Six years pregnancy: A Miracle too hard to believe

    Six years pregnancy: A Miracle too hard to believe

    469 shares
    Share 188 Tweet 117
  • Akindele Oluwaseun: ‘Crying Teacher’ who receive over N1m donation and gave it all out

    382 shares
    Share 153 Tweet 96
  • How first female combat Pilot was killed

    363 shares
    Share 145 Tweet 91
  • Army throws out ‘nosey’ editor from own platform

    362 shares
    Share 145 Tweet 91
  • Missing man found dead, after four suicide attempts

    359 shares
    Share 144 Tweet 90

  • 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