Lagos Govt Okays N707m Pension Bailout For Parastatals   The Commissioner for Establishments, Training And Pensions, Mrs Ajibola Ponnle, has said Lagos State government approved a bailout of N707.62m for some parastatals to pay the pensions of their retirees. She disclosed the bailout of the parastatals that...

Marketers Blame Depots As Fuel Queues Resurface In Lagos   Long queues surfaced in Lagos on Tuesday as motorists spent hours at filling stations while waiting to buy the product. The situation was worse in Ikosi-Ketu, Arepo area of New Lagos, Obalende, Maryland and Iju-shaga in Lagos...

Lagos to Borrow N350bn to Fund 2023 Budget Lagos State Governor, Babajide Sanwo-Olu, on Thursday revealed that the state will borrow N350 billion to fund the 2023 budget. The governor had presented a budget of N1.69 trillion to the State House of Assembly for approval for...

Queues At Filling Stations Linger In Abuja, Lagos Queues at filling stations have lingered in Abuja and Lagos, according to observations and motorists’ comments. This is just as the Nigerian Association of Road Transport Owners (NARTO), on Monday, vowed to withdraw its haulage service if the...

TETFund Boss, Bogoro, Sanwo-Olu, Bag Awards   The Executive Secretary, Tertiary Education Trust Fund (TETFund), Prof. Elias Bogoro and Lagos State Governor, Mr. Babajide Sanwo-Olu recently bagged awards, courtesy of Hallmarks of Labour Award Night/25th Anniversary. Sanwo-Olu and Bogoro joined eight others to receive their awards at...

Lagos Retirees Receive N34.13bn Accrued Pension     The Lagos State Government has paid a sum of N34.13 billion into the Retirement Savings Account (RSA) of retirees in the Mainstream, Local Government, State Universal Basic Board (SUBEB), Teaching Service Commission (TESCOM) and other Parastatals of the state...