Thursday 29th June, 2017
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Lagos paid pensioners N16.9bn in one year - Gov Ambode

Lagos paid pensioners N16.9bn in one year - Gov Ambode

Govenor Akinwunmi Ambode of Lagos State has said that his administration released N16.9 billion pension ar­rears from April 2016 to March this year.
Ambode stated this on Thursday when he inaugu­rated the headquarters of Providus Bank in Lagos.
He also said that N2 billion had also been dis­bursed to young entrepre­neurs and artisans under the N25 billion Employ­ment Trust Fund (ETF) scheme.
The governor said that his administration had maintained a consistent programme of actively reflating the economy through massive expendi­ture in infrastructure devel­opment and engaging com­petent local contractors to employ the people.
Ambode expressed de­light at the consistent in­vestment of the state gov­ernment in critical sectors that contributed to the resur­gence of the economy.
He said as a government, his administration was re­lentless in its commitment to providing a conducive, safe and secure enabling environ­ment for businesses to thrive.
The governor also said that efforts were being made daily to improve the ease of doing business in the state, especially by working to en­sure that all businesses suc­ceeded, even in a recession.
“We have maintained a consistent programme of ac­tively reflating the economy through massive expendi­ture in infrastructural devel­opment and engaging com­petent local contractors who in turn employ our people.

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