Retirees Rise By 27%, Collect N890bn From Govts, Private Sector     The total number of retirees under the Contributory Pension Scheme has risen by 27 per cent in two years, data obtained by our correspondent have shown. Specifically, the total number of retirees rose from 291,569 in...

Lagos State Govt Remit N1bn Pension Funds To 287 Retirees     The Lagos State Government has said that 287 of its retirees have received the sum of N1 billion in their retirement savings accounts (RSA). This was disclosed at the 86th bond presentation ceremony in Lagos by...

Lagos Govt Pays 358 Retirees Over N1bn Entitlements       The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, has said the state government paid over N1bn to retirees in April. He disclosed this while delivering a speech at the retirement bond certificates presentation ceremony to the 84th...

Pension Scheme: 118,044 Retirees Withdraw N29.26bn         A total of 118,044 retirees withdrew N29.26bn from their Retirement Savings Accounts and left the Contributory Pension Scheme because they had low balances in their accounts which could not be utilised as monthly stipends for them. Many of the affected...

Fed Govt Releases N11.82bn For MDA Retirees         The Federal Government has released N11.82bn for payment of accrued rights of retirees of treasury funded Ministries, Departments and Agencies under the Contributory Pension Scheme. The Head, Corporate Communications Department, National Pension Commission, Peter Aghahowa, disclosed this in a...

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...