Lagos State governor, Babajide Sanwo-Olu, has called for the continuous support of the National Pension Commission (PenCom) on bonds and other matters relating to pensions and the welfare of workers in the state.
Governor Sanwo-Olu, during a visit by Omolola Oloworaran, the director-general of the National Pension Commission, at Government House, Ikeja.
According to Sanwo-Olu, his administration is intentional about not having any outstanding liability, a sign of its commitment to the welfare of civil servants and pensioners in Lagos State.
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“We want to appeal that each time we come around for bond issuance, you look at us as a star and use that measure as a mark of support without delaying whatever it is that we are asking for.
“We want to assure you that we are doing things responsibly. All the fundraising is targeted at projects that have life-changing impacts that touch our citizens in various ways. We are always mindful of how we raise those bonds and what we need to use them for.
“For us, it is all about creativity; it is all about beating inflation, and we can deliver using private funding quicker, faster and better.”
Oloworaran, the PenCom DG, commended Sanwo-Olu’s commitment to pension payment.
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Speaking on the Report of the Routine Pension Examination carried out in October 2024, which she presented to Sanwo-Olu during the visit, she said the report about Lagos State was ‘A’.
“I congratulate you (Sanwo-Olu) for the great strides you are making in Lagos State. Under your leadership, Lagos State has continued to demonstrate responsive governance for delivering tangible solutions. Your initiative on job creation, youth empowerment and support for small businesses is helping to develop the state and build livelihoods for millions of residents of Lagos,” the DG said.
