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Tag: Babajide Sanwo-Olu

Lagos State Govt Pays Over N4.2bn As Pension Arrears

Lagos State Govt Pays Over N4.2bn As Pension Arrears       The Lagos State government has paid N4.203 billion as pension under the Defined Benefits Scheme (DBS), otherwise known as ‘Pay As You Go’, between May 2019 and March 2021, Commissioner for Establishment, Training and Pension, Mrs....

Lagos State Govt Spends N20bn On Rice Mill

Lagos State Govt Spends N20bn On Rice Mill       The lagos State Commissioner for Agriculture, Ms Bisola Olusanya, has on Thursday said about N20 billion has been spent on Imota Rice Mill in Ikorodu, which is at 85 per cent completion level. She also said 250,000 jobs...

Lagos Free Zone Targets Additional $5bn Investment

Lagos Free Zone Targets Additional $5bn Investment       The Lagos Free Zone, which already has a committed investment of $2bn, is poised to attract an additional $5bn over the next four years. This was disclosed by the Chief Executive Officer, LFZ, Dinesh Rathi, at the corporate headquarters...

N25.06bn Paid To Retirees In 18 Months – Lagos Govt

N25.06bn Paid To Retirees In 18 Months – Lagos Govt         The Lagos State Government has said it paid N25.06bn to 5,819 retirees in the state in the last 18 months. The Lagos State Governor, Babajide Sanwo-Olu, disclosed this during the 81st retirement bond certificate presentation ceremony...

COVID-19: Airlines Face New Threat As Second Wave Spreads

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

Lagos State Govt Pays Over N25bn As Retirement Benefits

Lagos State Govt Pays Over N25bn As Retirement Benefits       Governor Babajide Sanwo-olu of Lagos State on Thursday said that his administration had paid over N25 billion into the Retirement Savings Account (RSA) of retirees of the state since he came on board 18 months ago. Sanwo-olu,...