Government presents bond certificates to 438 retirees

The Lagos State Government has presented bond certificates to 438 retirees of the state public service worth over 1.182 billion at a ceremony held at the Nigeria Employers’ Consultative Association (NECA) House in Ikeja, Lagos State. At the event, which had in attendance the Commissioner of Establishments, Training and Pensions, Mrs. Ajibola Ponnle, the retirees expressed joy over the bond certificates presented to them. They, however, appealed to the state government to expedite action on the pay-as-you-go plan of the state in order to alleviate retirees’ suffering by paying them their pensions as when due. Ponnle, who addressed the retirees, stated that the government recognises their plight and assured them of the state’s effort to ensure that workers gain access to their pension once they retire.  -The Guardian Online