GOV. SANWO-OLU CLEARS N68BN PENSION. (PHOTO).
Sanwo-Olu clears N68bn pension The Lagos State Government under Gov. Babajide Sanwo-Olu has cleared N68.5 billion pension arrears for retirees in the state public servant. The Head of Service Lagos State,(HoS) Mr Bode Agoro, disclosed this on Tuesday in Lagos. Agoro spoke at a public sensitisations on Contributory Pension Scheme (CPS) for public servants in the state, organised by Lagos State Pension Commission (LASPEC). The HoS hailed Sanwo-Olu for his continuous efforts in ensuring that the senior citizens receive their retirement benefits immediately they exit the service. He also commended the governor for placing premium on the well-being of the public servants, as well as the retirees. He said the CPS, which was passed into law on March 19, 2007 in Lagos, was to provide a sustainable retirement plan that ensures financial security upon staff retirement from active service. “Since its introduction, a lot of government policies have been made to strengthen the Nigerian pension
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