Lagos pays N4.2bn pension arrears in 2 years

Lagos pays N4.2bn pension arrears in 2 years


Lagos pays N4.2bn pension arrears in 2 years

By Victor Ahiuma-Young

The Lagos State Government has paid over N4.2 billion to its pensioners, under the Defined Benefits Scheme, DBS, otherwise known as Pay As You Go, from May 2019 to March 2021.

The Commissioner for Establishments, Training and Pension, Mrs Ajibola Ponnle, made this known in Ikeja at the 2021 Ministerial Press Briefing to commemorate the Second Year anniversary of Gov. Babajide Olusola Sanwo-Olu’s administration.

Ponnle said that as part of the state’s commitment to the welfare of pensioners, Gov. Sanwo-Olu had also approved payment of 33 per cent…

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