Lagos To Disburse N3.1b To 1,000 Retirees


Lagos State Governor, Babajide Sanwo-Olu, has announced the state government plans to disburse N3.1 billion to over 1,000 retirees in the state in the coming week.  

Sanwo-Olu made this announcement on Friday via his X (formerly Twitter) account, adding that his administration aimed to put smiles on the faces of families.  

According to him, the disbursement will be under the Contributory Pension Scheme of Lagos, affecting over 1,000 retirees.  

He said,  

“I’m happy to share some news with you that I hope will put smiles on the faces of families. 


“Next week, we’re set to disburse N3.1 billion under the Contributory Pension Scheme to over 1,000 retirees who have served our state tirelessly. Your sacrifices have not gone unnoticed. 

“Prioritizing the welfare of those who’ve shaped Lagos’ history is not just a commitment; it’s our legacy. Your trust is paramount, and together, we’re constructing a Lagos that champions its own.”  

Speaking further, the governor noted that his administration so far has paid about N60 billion to over 17,000 retirees since its inception.  

He added that the achievement is a source of pride to him, emphasizing that the welfare of the retirees of the state is of utmost priority to his administration.  

He also lauded the workers of the states for their contribution, adding that they will continue to strive more for the development of Lagos.  

“It is pertinent to take note of the fact that in the lifetime of our administration, we have disbursed over N60 billion as pension to over 17,000 retirees. This achievement fills us with pride. 

“A heartfelt thank you for your unwavering dedication. Your contributions from the very foundation of our vibrant state. There is so much more to be done, and we will continue to strive to achieve more.  

“Let’s keep building a stronger, caring Lagos together,”