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Tag: Defined Benefit Scheme (DBS)

Lagos Pays N30bn To Retirees In Two Years

Lagos Pays N30bn To Retirees In Two Years       Lagos State has paid over N30 billion to retirees in two years, the Director-General, Lagos Pension Commission (LASPEC), Mr. Babalola Obilana, has said. The payment, according to him, was made in the two years of the Babajide Sanwo-Olu’s...

Buhari Allocates N509bn For Pension Liabilities

Buhari Allocates N509bn For Pension Liabilities       President Muhammadu Buhari has appropriated a total of N501.19 billion to offset pension liabilities in the 2021 budget proposal. He made this known during his 2021 Budget Speech: Budget of Economic Recovery and Resilience at The Joint Session of the...