Lagos Remits over 13 Billion into RSA

Eniola Ajayi, Lagos

Over thirteen billion, seven hundred million naira has been remitted
into the Retirement Savings Account (RSA), of retirees from the Lagos
State civil service.
The Commissioner for Establishments, Training, and Pensions, Dr
Akintola Oke stated this while briefing newsmen on the activities of
his ministry in the past one year.
Dr Oke who said the money, managed by the Lagos State Pension
Commission (LASPEC), was paid in a steady process from August to April
2016, to over three thousand retirees.
Oke announced that Governor Akinwunmi Ambode had also approved the release of one point five billion naira Intervention Fund for the
payment of outstanding gratuities and pension arrears of Local
Government retirees.

The intervention fund included the balance of one hundred and
forty-two percent pension areas amounting to one billion, seven hundred and seventy-one million, thirty-nine thousand, one hundred and thirty-five naira, and thirty-nine kobo
,” he stressed.

He also said that the payments of the affected pensioners would be
effected as soon as the verification exercise was conducted.
Governor Akinwunmi Ambode had earlier on the fifth of August, 2015
approved the release of eleven billion naira to offset all pension
liabilities in the state accrued since 2010 to bring succour to all
retirees in the state’s public service.

Lands revenue
meanwhile, the Permanent Secretary, Lands Bureau, Mr Bode Agoro has
hinted that more than three billion naira had been generated between
January and April this year through the Bureau.
Mr Agoro added that Five thousand, six hundred and twenty-five
‘Lagosians’ had also received their Certificates of Occupancy, C of
O’s from the Lagos State government within the last one year.
The Permanent Secretary who made this known while speaking to
journalists in Ikeja, said that the Bureau had introduced an
Automation System in its lands administration.
He said the use of the Integrated Land administration and Automation
System was part of effort to reduce the bureaucratic process
associated with land issues.
The system would ensure transparency in land administration process and boost public confidence in government’s ability to administer land issues in Lagos,” according to him.

Task force
On efforts to tackle sharp practices of land grabbers also known as
‘omo onile’ in the state, Mr Agoro informed that a task force had been
set-up by the governor to tackle the menace.

Abu Mohammed