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Posted by Thandiubani on Fri 05th Jul, 2024 - tori.ng

Sanwo-Olu said retirees should use their pension to solve their family problems.

Governor Babajide Sanwo-Olu of Lagos State has sent a word of caution to retirees.

He warned them against donating their pension to churches and mosques in the name of thanksgiving or tithe.

Sanwo-Olu said retirees should use their pension to solve their family problems.

He gave the caution during the 105 batch of retirement bond certificate presentation ceremony to retirees in the state yesterday.

The governor said the payment of the pension was a testament to the unwavering commitment of the Lagos State government to its retirees.

According to Sanwo-Olu: “This is not meant to solve all family problems. It is about you, what you have earned and worked for.

“When they say they want to build a church or mosque and ask you to come out to pledge N3m, don’t do that. God will give you the wisdom to act, Sanwo-Olu has done his part.

“Today, we mark the 105th Retirement Bond Certificate presentation, a historic milestone as we transition into a new era of Pension Administration called ‘Pay-As You-Go’.

“From now on, all retirees of the state government will be paid as they retire, provided all procedures and approvals have been completed before retirement.”