The Federal Government currently owes the Lagos State government a whopping N11 billion arrears of pensioners and gratuities paid on its behalf by the state.
Testifying at the public hearing on comprehensive investigation of payment of pensions and management and administration of pension funds in Nigeria, being conducted by the Senate Joint Committee on Establishment & Public Service and States & Local Government Administration, in Lagos, on Monday, Commissioner for Establishments, Training and Pensions, Lagos State, Mrs Modupe Oguntuase, said the debts accrued from payments made by the state on behalf of the Federal Government to Lagos State retirees with Federal shares up to May, 2002 and deficit payments into the pensions fund for local governments in the state.
