Olympic champion Usain Bolt wants to get back more than $12.7 million that went missing from his account with a Jamaican investment firm. Bolt’s lawyer says Bolt is ready to go to court if that is what it takes to get the money back. Bolt was alerted last week that his account balance at Kingston-based Read More…
Tag: Pension
Lagos pays over N25 bn as retirement benefits in 18 months
Gov. 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, represented by Mrs Olubunmi Fabanwo, Chairman, Lagos State Civil Service Commission, said this at the 81st Retirement Bond Read More…
Lagos Govt. promises to clear pension arrears by 2022
The Lagos State Government on Thursday promised to clear arrears of all pension payments by the end of year 2022. Mrs. Ajibola Ponnle, Lagos State Commissioner for Establishment, Training and Pension, made the pledge while delivering a keynote address at the virtual Lagos State Pension Commission (LASPEC) pre-retirement seminar, in Lagos. The seminar was organised Read More…
Lagos state pays N1.16bn accrued pension to 368 retirees
The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the release of N1.157 billion for the payment of Accrued Pension Rights to 368 public service retirees for the month of May. Mr Babalola Obilana, Director-General, Lagos State Pension Commission (LASPEC), said this in a statement made available to the News Agency of Nigeria (NAN) on Read More…
Sanwo-Olu appoints Obilana as DG, Lagos Pension Commission
Lagos State Governor, Mr Babajide Sanwo-Olu has approved the appointment of Mr Babalola Obilana, as the new Director-General of the Lagos State Pension Commission (LASPEC). Mrs M.A Eko, Public Relation Officer, LASPEC , in a statement on Tuesday, said that Obilana’s appointment was in recognition of his outstanding performance and accomplishments in the financial sector. Read More…