Lagos State Governor, Babajide Sanwo-Olu, has called on the National Pension Commission (PenCom) to continue supporting the state’s efforts in bond issuance and pension-related matters.
EpeInsights gathered that the Governor emphasized his administration’s commitment to the welfare of workers and pensioners.
Governor Sanwo-Olu made this appeal during a courtesy visit from PenCom’s Director-General, Ms. Omolola Oloworaran, at the Lagos House in Ikeja.
Highlighting Lagos State’s proactive approach, the Governor noted that the government remains intentional about avoiding pension liabilities and is committed to using funds responsibly.
“Each time we come for bond issuance, we ask that you view us as a top-tier performer and give us prompt support,” Sanwo-Olu said.
“Every fundraising effort is tied to impactful, people-oriented projects. We remain focused on creativity and using private funding to deliver results faster and more effectively, especially in the face of inflation.”
In her response, Ms. Oloworaran praised the Governor’s leadership, stating that Lagos continues to lead the way in pension administration and urban development.
“Lagos State received an ‘A’ rating in the Routine Pension Examination conducted last October,” she revealed.
“The state has made remarkable strides in mass transit with the Blue Line Rail, affordable healthcare, public education, and youth empowerment. These efforts are creating real, measurable change for residents.”
The PenCom DG also acknowledged the state’s impressive progress under the Contributory Pension Scheme, noting that nearly 100% of Lagos State employees are now enrolled.
“Governor Sanwo-Olu has consistently prioritized the financial security of workers in Lagos. His administration continues to set the standard for other states to follow,” she said.
The visit highlights the ongoing partnership between Lagos State and PenCom in ensuring a stable and forward-looking pension system.
