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Lagos Paid N1.5bn to 333 Retirees in October

The Lagos State Pension Commission said it paid another set of 333 retirees the sum of N1.5bn in October. According to a statement, LASPEC said the beneficiaries were from the mainstream civil service, local governments, state Universal Basic Education Board, teachers’ establishment and pensions office...

‘Lagos Consumes N1.6bn Worth of Cattle Daily’

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has said about 8,000 cattle and small ruminants valued at N1.6bn were being consumed in Lagos State daily. The Managing Director, NIRSAL, Mr. Aliyu Abdulhameed, stated this at a programme to celebrate the movement of the...

Lagos Pays N16.33bn Retirees in 12 Months

The Lagos State Government said it paid N16.33bn to 3,924 retirees as accrued pension rights through the Lagos State Pension Commission from August 2015 to July this year. The Director-General, LASPEC, Mrs. Folashade Onanuga, disclosed this while speaking at the 29th retirement benefit bond presentation...

Lagos to Build 187,000 Houses Yearly

The Lagos State Government plans to build 187,000 housing units annually over the next five years to address the 2.5 million housing deficit, the Commissioner for Housing, Prince Gbolahan Lawal, has said. Lawal, who stated this during a courtesy visit to the office of the...

Lagos Targets N50b IGR, N1tr Budget by 2018

The Lagos State government has said it would reduce dependence on federal allocation and increase its Internally Generated Revenue (IGR) to N30 billion monthly next year and N50 billion monthly in 2018. It is also aiming at a yearly budget of N1 trillion by 2018. These were part...

Lagos Pays N1bn To 257 Retirees

The Lagos State Government has issued retirement benefit bond certificates to the tune of N1.002bn to a set of 275 retirees from the Mainstream, Local Government, Lagos State Universal Basic Education Board, Teachers Establishment and Pension Office and parastatals of government, under the Contributory...