Nation
Lagos Pays 291 Retirees N1.3bn Pension Benefits
The Lagos State Government yesterday said, it had paid 291 retirees of the state’s public service N1.29 billion accrued pension rights for the month of September.
The Director-General, Lagos State Pension Commission (LASPEC), Mr Babalola Obilana, announced this during the Retirement Bond Certificates Presentation to the 89th Batch Of Contributory Pension Scheme (CPS) retirees in Lagos.
Obilana, represented by Executive Director, Finance and Investment, LASPEC, Mr Olumuyiwa Oshin, said that the fund had been paid into the Retirement Savings Account ( RSA) of the beneficiaries.
He noted that Lagos state was passionate about its workforce, which propelled the implementation of the CPS in line with the provision of the Lagos State Pension Reform Law of March 19, 2007, now amended.
“This event has been put together to celebrate you, our retirees and also present to you your retirement bond certificate, showing accrued pension rights due to you for the years spent in the service of Lagos State under the discontinued Defined Benefit Scheme (DBS),” he said.
Obilana commended the commitment of Gov. Babajide Sanwo-Olu to the efficient and effective administration of the CPS in Lagos.
He said one of the outcomes of the governor’s commitment was the regular issuance of the Retirement Benefit Bond Certificates to retirees of the state’s public service.
The director general also lauded the support the Commissioner for Establishment, Training and Pensions, Mrs Ajibola Ponnle and the state’s approved Pension Fund Administrators (PFA).
He appreciated the efforts of the insurance companies at ensuring that all retirees in the state had unrestrained access to their pension benefits.
“I enjoin all our retirees to take very good care of themselves. I pray God grants you good health and peace of mind to enjoy your retirement.
“Please avoid irrelevant expenditure and beware of pension fraudsters,” he advised.
Nation
Rivers Deputy Governor Hails PH City One Love For Humanitarian Gesture
Rivers state Deputy Governor Professor Ngozi Nma Odu has commended “The Port Harcourt City One Love,”a Port Harcourt based humanitarian orgnisation For it’s commitment towards alleviating the sufferings of the poor and vulnerable in the society.
Professor Ngozi Nma Odu said this while speaking at this year’s edition of “operation feed the needy” a yearly outreach program of “The Port Harcourt City One Love ” in Port Harcourt.
The Deputy Governor said by feeding more than sixty thousands hungry people within the past six years, the Port Harcourt City One Love Movement has distinguished itself as a club that cares for the less privilege in the society.
She commended the , organization for listing eleven thousand persons to be fed in the current exercise.
Meanwhile The Port Harcourt City One Love has planned a permanent solution to the problem of feeding the poor in the state.
The leader of the group Mr Idaere Gogo Ogan who said this in an interview with newsmen during the distribution of food items to the poor and vulnerables in Port Harcourt said the organization is planning a permanent food kitchen where poor and vulnerable persons can work in anytime and get fed.
Idaere Gogo Ogan said more than sixty thousands poor and vulnerable persons across Port Harcourt City and environs have been fed since the inception of “The operation feed the needy” program six years ago,adding that so far sixty thousands poor and vulnerable persons have beneffited.
He described the group as a platform to promote friendship, brotherhood, community development empathy and feeding the less privilege and hungry people
“That’s what we are doing today here,so we started the exercise six years ago”.he said.
Ogan said the effort was a private sector driven initiative but added “it also involves people in Government because the platform does not recognize any division,we bring everybody together in unity , friendship and brotherhood”he said.
He said the effort will go along way in alleviating hunger especially following the prevailing hunger in the country.
According to him “you know the country is very tough, people are hungry people are starving, there is a whole lot of economic hardship,so for us, this is just our own way of reaching out, our own social contribution to what is very difficult”he said.
Over eleven thousand persons were fed in the just concluded exercise.
Areas of coverage include, Isaac Boro park, Port Harcourt prison/Macoba, Borokiri/Enugu waterside Bundu areas Waterlines and others.
Some of the beneficiaries including an 80 years old widow commended the movement for the annual programm and urged other organizations to emulate them
John Bibor,/Esuuk Oyet/Suotor Memoye /Jeremiah Hannah
Nation
We’ll Partner Private Sector to Industrialize Rivers State – Fubara …Hints Revitalization of Ahoada, Trans Amadi Industrial layout
Nation
SheVentures Open Zero-interest Loan Applications for Women Entrepreneurs
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively. Women-led enterprises are critical to economic activity, yet they face structural barriers.
“This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs”, Edun said.
Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB), Nnenna Jacob-Ogogo said access to affordable finance remains a major constraint for women entrepreneurs.
-
Featured1 day agoWASSCE: RSG Distributes Science Materials To Secondary Schools
-
News1 day ago
Xenophobic Attacks: Nigerian Lives More Important Than Foreign Investment – Oshiomhole
-
Rivers1 day ago
MBA Forex Trial Adjourn To June 3, Amid Bereavement … As Court Declines Cost Application
-
News1 day ago
ActionAid Demands Probe Of Govs Using Public Funds For Campaign
-
Aviation1 day ago
Passengers Stranded As Delta Airline From Atlanta Route Back Eight Hours After
-
Business1 day ago
Customs Impound N2.35bn Cocaine, 15 Trailers of Rice
-
Politics1 day ago
2027: Bayelsa Senator Gets Critical Endorsement For Second Term
-
Politics1 day agoINEC Sets Rivers South-East Senatorial By-Election For June 20
