Lagos pays n80bn workers retirement savings accounts
That's a great piece of news!
According to reports, the Lagos State Government has paid a whopping N80 billion into the retirement savings accounts of its workers. This is a significant move aimed at ensuring the financial security and well-being of its employees.
The payment, which was made in collaboration with the National Pension Commission (PenCom), is a testament to the state government's commitment to the welfare of its workers. It's also a demonstration of its willingness to prioritize the financial security of its employees, particularly in their post-employment life.
This development is not only a welcome relief for the affected workers but also a boost to the state's economy. It's a reminder that governments can play a crucial role in ensuring the financial stability of their employees, and it sets a positive precedent for other states to follow.
Kudos to the Lagos State Government for this initiative!