Tag: Retirees

Lagos unveils plan to tax remote workers to generate N200bn
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Over 1,000 Lagos retirees to receive N3.1bn next week – Sanwo-Olu

The governor of Lagos State, Babajide Sanwo-Olu, has declared that his administration will provide over 1,000 retirees in the state a whopping N3.1 billion in benefits in the upcoming week. Sanwo-Olu made this announcement on Friday on X. He also stated that his administration’s goal was to make families happy. He claimed that more than 1,000 […]

PenCom recovers N25.45bn unremitted contributions
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Retirees withdraw N7.79bn savings, quit pension scheme – PenCom

In one year, 15,634 workers who retired under the Contributory Pension Scheme and could not receive up to N10,000 monthly stipends withdrew N7.79 billion from their respective Pension Fund Administrators’ Retirement Savings Accounts. According to The Punch,  National Pension Commission’s weekly report on en-bloc payments to retirees reveal that these retirees were those who had less […]