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Lagos Signs New Pension Law
The Lagos State Pension Commission (LASPEC) yesterday said that Governor Akinwunmi Ambode has signed into law the Amended Lagos State Pension Reform Law.
LASPEC’s spokesperson, MrsAjokeLawal, said the amendment increased the contribution rates under the Contributory Pension Scheme (CPS) to 18 per cent.
“It will be recalled that the state transited into CPS in April 2007 and has consistently remitted contributions into employees Retirement Savings Account (RSA).
“The state government’s contribution was increased from 7.5 per cent to 10 per cent, while the employees’ contribution increased to 8 per cent from 7.5 per cent.
“This is to make life more comfortable for employees who retire from the state’s Public Service,” Lawal said in a statement.
She said that Ambode also released N1,001,139 to 177 public service retirees for the month of February.
The commission said that under Ambode’s administration, a total number of 10,601 retirees had been paid Accrued Pension Rights (APR) of N43,630,874 billion.
“The retirees cut across the Mainstream Service, Local Governments, State Universal Basic Education Board (SUBEB).
“Others are the Teachers Establishments Training and Pensions Office (TEPO) and Parastatals of government,” Lawal said.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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