Retirees Archives — City Business News

November 3, 2024 No Responses

FG Releases Funds For Payment Of NASU, Federal Retirees

The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). The Office of the Accountant General of the Federation (OAGF) made this known in a statement in Abuja. According to...

October 11, 2024 No Responses

Edo Approves Gratuities For 2011 Retirees

Edo State Governor, Godwin Obaseki, has approved the payment of gratuities to the pensioners on the payroll of the Local Government Staff Pension Board who retired in 2011. In a statement, the Commissioner for the Ministry of Local Government, Community...

May 25, 2024 No Responses

Lagos Pays N63b To 19,814 Retirees

The Administration of Governor Babajide Sanwo-Olu has paid over N63 Billion as pension benefits to 19,814 retirees of the State in the last five years. The Commissioner for Establishments and Training, Mr. Afolabi Ayantayo revealed this at the ongoing Y2024...

February 10, 2024 No Responses

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...

August 31, 2023 No Responses

Lagos State Pays N2.017b To 644 Retirees

LAGOS State Government paid N2.017 billion as retirement benefits to 644 of its retirees on Wednesday. Director-General, Lagos State Pension Commission, (LASPEC) Mr Babalola Obilana, disclosed this at the 101st batch Retirement Bond Certificate presentation fo...

April 21, 2023 No Responses

Lagos Pays N50.7b To Retirees

The Lagos State Government on Thursday said it had paid over N50.7 billion to 13,928 retirees, from 2019 till date. The Commissioner for Establishments, Training and Pensions, Mrs Ajibola Ponnle, made this known during the 100th Retirement Bond Certificate Pre...

March 16, 2023 No Responses

Railway Retirees Pass Vote Of No Confidence On Two NRC Unions

The Association of Nigeria Railway Senior Citizens (ANRSC), the umbrella body of retirees of the Nigeria Railway Corporation (NRC), has passed a vote of no confidence on the leadership of two in-house unions of the corporation. The Chairman of ANRSC,...

January 6, 2023 No Responses

FG Releases N13.89b Pension For 2022 Retirees

The Federal Government has released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDA’s). National Pension Commission (PenCom), made the disclosure on Thursday in a statement on it...

March 31, 2022 No Responses

Lagos Pays N38b Pensions To 9,865 Retirees

The Lagos State Government (LASG) on Wednesday said that it had paid nothing less than N38billion as accrued pension rights to 9,865 retirees from May 2019 till date . The Commissioner for Establishments, Training and Pensions, Mrs Ajibola Ponnle, ...

October 24, 2021 No Responses

Annuity For Retirees: Lagos Approves Additional Insurance Firms

The Lagos State Government has approved additional insurance company to join the league of insurance companies that underwrite annuity business for retirees in the state. The insurance firm is a subsidiary of a holding company. Managing Director of the c...