File: Lagos State Governor, Babajide Sanwo-Olu

The Lagos State Government says it has paid N168.2bn to more than 48,000 retirees under the Contributory Pension Scheme since 2007.

The government disclosed this in a Facebook post on Tuesday while responding to concerns raised by some protesting retirees over pension payments in the state.

It said the Lagos State Pension Commission had paid a cumulative N168.2bn to over 48,000 retirees since 2007.

According to the government, the figure included payments made under the state’s Contributory Pension Scheme.