PANIC AS OYO DEMOLISHES SHOP IN POPULAR IBADAN MARKET. (PHOTO).

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 Panic as Oyo demolishes shop in popular Ibadan market Panic gripped residents and traders of the popular Ojoo market in the Akinyele Local Government Area of Oyo State as the government demolished scores of shops and kiosks in the area, on Thursday. The PUNCH gathered that the Ministry of Lands, Housing and Urban Development had served the traders quit notice a long time ago but they refused to move out of the market. The Chairman of the market,  Muhdeen Ganiyu, fondly called Elewedu, however, told our correspondent that the quit notice was too short but the executive members of all the affected markers would meet after the demolition exercise. “The quit notice was too short. All executive members of all the affected markers will soon meet. So, I cannot say anything for now,” he stated. When contacted, the Commissioner for Lands, Housing and Urban Development, Williams Akin-Funmilayo,  confirmed the ongoing demolition exercise. He said, “The State Governor, Seyi Makinde, had gone ther
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LASG RELEASES OVER N1 BILLION PENSION ENTITLEMENTS.

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     The Lagos State Government has released more N1.24billion for the payment of Pension entitlements of 183 Public Service retirees under the Contributory Pension Scheme Dispensation for the month of March 2018.
The State Commissioner for Establishments, Training and Pensions, Dr. Akintola Benson Oke, who disclosed this at the 49th Retirement Benefit Bond Certificate presentation ceremony held on Wednesday in Ikeja, reiterated the commitment of the current administration to ensure the payment of terminal benefits of retired staff.
He said that 8,731 retirees had accrued pension rights of over N35 billion paid into their Retirement Savings Accounts from the inception of this administration to date, adding that “Despite the fact that funding obligations are huge, Lagos State is very consistent in payment of pension entitlements due to Governor Ambode’s commitment and diligence”.
The Director-General, Lagos State Pension Commission, Mrs. Folashade Onanuga in her welcome address assured the retirees that the government will still keep in touch with them after they have collected their Bond Certificates to know how they are fairing in retirement, especially on their birthdays, through the Post Service Department, in the Office of the State Head of Service.
She advised the retirees to make an informed decision about the choice of either Programmed Withdrawal or Life annuity option for receipt of terminal entitlement.Responding on behalf of the retirees, Mrs. Ego Onwuzubike thanked the government for its good gesture towards former employees and appealed to her colleagues to “shine their eyes” when filling forms with their PFAs by asking questions whenever in doubt.She said, “The two exit options are good, depending on what you want, and no particular one should be forced on any retiree. Read the instruction very well before you fill your forms”, she said.
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