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CPS: Lagos Alive to Responsibilities

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#EndSARS Enquiry Report: Sanwo-Olu Sues for Peace

 

The Lagos State Government is not ignorant of the pains of retirees waiting for their disengagement benefits, long after leaving active service and has plans to address it.

The issue came to the fore on Friday at the 98th Batch Retirement Bond Certificate Presentation to the state’s retirees put together by the Lagos State Pension Commission.

Governor, Lagos State, Babajide Sanwo-Olu, disclosed that since the inception of the Contributory Pension Scheme (CPS) in 2004, the state had paid not less than N125 billion to 29,518 retirees.

He assured that the outstanding payments were being looked into.

Sanwo-Olu said, “We are not unaware of the backlog in the payment of accrued rights but we are focused on the intentional and strategic eradication of this backlog.”

Represented by Secretary to the State Government, Folashade Jaji, the governor in a keynote averred that the state government had also paid over N47 billion into the Retirement Savings Accounts (RSA) of its retirees since the advent of his administration in 2019.

He noted that 12,642 retirees from the state’s Mainstream, Local Government, State Universal Basic Board (SUBEB), Teaching Service Commission (TESCOM) and other parastatals were enjoying their retirement benefits under CPS in the state.

“The Lagos State government has paid 125,996,687,159.13 to 29,518 retirees since the advent of CPS and N47,050,805,734.16 to its retirees since the inception of my administration,” he said.

According to him, the state had paid not less than N2,522 billion into the RSAs of another set of 755 retirees for the month of December.

“This is alongside their monthly contributions which have already been remitted into their respective RSAs with the Pension Fund Administrators.

“Today’s event is a continued affirmation of the commitment of the state government to the welfare of its workforce, both active and post-service.

“This event is a landmark occasion as the number of retirees and the amount to be paid is the single largest we have paid since the inception of the CPS in Lagos State,” Sanwo-Olu said.

Commissioner for Establishments, Training & Pensions, Lagos State, Ajibola Ponnle, opined that the accrued pension right paid by the state government between 2019 and till date was the highest paid by any state government.

She was represented by Permanent Secretary, Ministry of Establishment Training & Pensions, Dr Abiodun Onayele.

In her words, “Lagos State has been consistent in her leadership role in the implementation of the CPS and has won numerous awards such as the best compliant state in the federation consecutively and consistently.”
“We are committed to maintaining this rating by improving on timely payment of retirees’ pensions and other applicable benefits upon disengagement from service.

“As you receive your retirement bond certificates, I wish to advise you to embrace the joy and challenges of this new phase of life and take advice from competent and reliable sources.

“In this regard, please do not hesitate to contact LASPEC or even the Ministry of Establishments, Training and Pensions should you require clarifications or advice regarding the modalities surrounding your retirement benefits matters.

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Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

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The Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless.

This was detailed in a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made the claims attributed to them, stressing that the publication misrepresents both personal and corporate positions.

The Group also rejected assertions that the Dangote Petroleum Refinery was financed through personal borrowing from friends, describing the claims as inaccurate and a deliberate misrepresentation of facts.

“As a matter of principle, Aliko Dangote neither finances his projects through personal borrowing from friends nor engages in lending arrangements of that nature,” the statement said, adding that any such claims must be supported by verifiable evidence.

The Dangote Group further clarified that there is no rift between Dangote and Elumelu, noting that both business leaders maintain a longstanding and cordial relationship.

ALSO READ: Dangote Refinery Recalls Redeployed Engineers

The company also raised concern over a growing pattern of fabricated statements and the unauthorised use of Dangote’s name, likeness and image in AI generated advertisements and other misleading content, warning that such actions pose reputational risks and may constitute fraud.

It cautioned individuals and platforms involved in the creation and dissemination of false information to desist immediately, adding that it would pursue appropriate legal action where necessary to protect its reputation and that of its leadership.

The Dangote Group reaffirmed its commitment to the highest standards of integrity while continuing to drive industrialisation, economic self sufficiency, and sustainable development across Africa.

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Fear Grips Oyo Community as Gunmen Kidnap 60-Year-Old Trader

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Panic has spread through Monatan community in Lagelu Local Government Area of Oyo State following the abduction of a 60-year-old building materials trader by suspected armed men.

The incident occurred on Saturday night along the Jinarere axis of Alakia Road in Ibadan when the victim was intercepted by four masked gunmen while returning home at about 8:47 pm.

The attackers reportedly operated in an unregistered ash-coloured Toyota Corolla before forcefully whisking the victim away to an unknown destination.

ALSO READHorror in Kogi: Gunmen Abduct 24 Pupils in Orphanage Raid, 15 Rescued

Confirming the incident, the spokesperson for the state police command, Olayinka Ayanlade, said the matter was reported on May 2, 2026, and that security operatives had already begun rescue efforts.

He stated: “I can confirm that there was a case of abduction reported on May 2, 2026, at about 2047hrs from the Monatan area of Ibadan. Preliminary information reveals that the victim, a 60-year-old male building materials trader, was accosted while returning home along the Jinarere axis of Alakia Road by four masked armed men, who forcefully whisked him away in an unregistered ash-coloured Toyota Corolla vehicle. Upon receipt of the report, police operatives swiftly visited the scene and activated necessary operational measures aimed at rescuing the victim and apprehending the perpetrators.”

Residents of the area have expressed fear over rising insecurity, urging authorities to intensify surveillance and prevent further attacks.

Security agencies assured that efforts are ongoing to rescue the victim and arrest those responsible.

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FG Blasts South Africa Over Attacks on Nigerians, Summons Diplomat

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The Federal Government of Nigeria has strongly condemned the rising wave of attacks on its citizens in South Africa, summoning the country’s top diplomat in Abuja over what it described as persistent xenophobic violence.

The move follows recent incidents in which Nigerians were reportedly targeted, including the killing of one citizen and injuries sustained by others in separate attacks by unidentified gunmen.

The government said the pattern of violence has become alarming and unacceptable.

SEE ALSO: HURIWA Saddened at 131% Surge in Air Peace, United Nigeria Airfares to Southeast

Spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, confirmed that South Africa’s acting high commissioner has been invited for urgent discussions.

According to him, the meeting will address “documented cases of maltreatment of Nigerian citizens and attacks on their businesses.”

Nigeria’s action comes amid growing continental concern over the safety of foreign nationals in South Africa, where repeated outbreaks of xenophobic violence have been recorded over the years.

Similarly, Ghana recently summoned South Africa’s envoy in Accra following reports of harassment and intimidation of its citizens.

Ghana’s Foreign Minister, Samuel Okudzeto Ablakwa, disclosed that a Ghanaian resident was confronted and asked to leave South Africa in a recent incident, heightening fears among migrants.

South Africa remains one of Africa’s top destinations for migrants due to its relatively advanced economy.

However, high unemployment and economic challenges have often fueled resentment against foreigners, leading to periodic violence.

Reacting to the development, South Africa’s acting police minister, Firoz Cachalia, condemned the attacks, stating that such actions are unlawful and contrary to the country’s constitutional values.

He assured that security agencies have been directed to act decisively against perpetrators, emphasizing that xenophobia, violence, and intimidation will not be tolerated.

The Nigerian government has reiterated its commitment to protecting its citizens abroad, warning that it will continue to engage diplomatically until the safety and rights of Nigerians in South Africa are fully guaranteed.

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