Members Of the High Table

9th Batch Bond Ceremony

Lagos pays N21.375bn to 3,884 retirees The administration of Governor Babatunde Raji Fashola (SAN) of Lagos State, has so far in the history of the Contributory Pension Scheme, paid a total accrued right of N21, 375,333,764.77k (Twenty-One Billion, Three Hundred and Seventy-Five Million, Three Hundred and Thirty-Three Thousand, Seven Hundred and Sixty-Four Naira, Seventy-Seven Kobo)… continue reading →


11th Batch-B Bond Ceremony

Lagos pays 4,990 retirees N26.21bn under CPS About 4,990 employees who retire from the Lagos State Public Service under the Contributory Pension Scheme have so far received N26,216,496,307.69K (Twenty-Six Billion, Two Hundred and Sixteen Million, Four Hundred and Ninety-Six Thousand, Three Hundred and Seven Naira, Sixty-Nine kobo only) from 2010 till date. This was disclosed… continue reading →

L-R: Director-General, Lagos State Pension Commission, Mr. Rotimi Adekunle Hussain; Hon. Commissioner for Establishments, Training & Pensions, Mrs. Florence Oguntuase; LASPEC Executive Director (Finance & Investment), Dr. Adekunle Wright and Executive Director (Technical), Mrs. Folashade Onanuga, during the 14 Retirement Bond Certificate presentation ceremony in Lagos.

14th Bond Presentation Ceremony

                                PRESS RELEASE Lagos State Government contributes N54.04bn to CPS The Lagos State Government has contributed a sum of N54,040,125,941.60k being the monthly deduction of 7.5 per cent from the salary of every employee and the counterpart 7.5 per cent… continue reading →


Fashola pays N33.5bn to retirees under the CPS…left behind a worth legacy

The out-going administration of Mr. Babatunde Raji Fashola, SAN is leaving behind a worth legacy in the operation of the Contributory Pension Scheme (CPS) in Lagos State in particular and Nigeria in general. Director-General, Lagos State Pension Commission (LASPEC) Mr. Rotimi Adekunle Hussain, disclosed this during the 17th Retirement Bond Certificate presentation ceremony in which… continue reading →

The Special Adviser and Chairman, LASPEC, Mr. Babatunde Dabiri presenting Retirement Bond Certificate to a retiree. With them are DG LASPEC, Mr. Rotimi Adekunle Hussain and Mrs Raolat Alaka, member of LASPEC Board.

Lagos consolidates leadership status on Contributory Pension Scheme

  With the payment of N22.706,091,095.01k being accrued pension rights to 4,199 retirees who retired from the State Public Service under the Contributory Pension Scheme between 2010 till date, the Lagos State Government has consolidated and confirmed its leadership status in the administration of the Contributory Pension Scheme in Nigeria.   This view was espoused… continue reading →

Head of Service, Mrs. Shade Jaji presenting Bond Certificate to  Mrs. Olabisi Ramos. With them are, DG LASPEC, Mr. Rotimi Hussain; Executive Director (F & I) LASPEC; Dr. Adekunle Wright and Chairman LASPEC, Mr. Babatunde Dabiri.

Lagos pays N31.89bn to 6,078 under Contributory Pension Scheme

                                    The Lagos State Government has from inception of the Retirement Bond Certificate presentation in 2010 paid a sum of N31,890,579,183.71K (Thirty-One Billion, Eight Hundred and Ninety Million, Five Hundred and Seventy-Nine Thousand, One Hundred and Eighty-Three Naira, Seventy-One… continue reading →