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The Lagos State Governor, Governor Babajide Sanwo-Olu Advises Pensioners to Make Wise Use of Their Entitlements
In a recent ceremony for the presentation of retirement benefit bond certificates, Lagos State Governor Babajide Sanwo-Olu advised pensioners to make wise use of their hard-earned pension funds. He specifically cautioned them against donating their entire pension to churches or mosques, emphasizing the importance of prioritizing their personal needs and family obligations.
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A Call for Financial Prudence
Governor Sanwo-Olu’s advice is a timely reminder for pensioners to be mindful of their financial resources and make informed decisions about their use. The governor’s words of wisdom are particularly significant, given the challenges many retirees face in managing their finances post-retirement.
The Dangers of Financial Exploitation
Sanwo-Olu’s warning about donating to churches and mosques is also a subtle reference to the potential risks of financial exploitation that retirees may face. It is not uncommon for retirees to be targeted and pressured by family members or religious leaders to part with their pension funds.
Prioritizing Personal Needs
The governor’s advice is clear: pensioners should prioritize their personal needs and family obligations over other financial commitments. This includes ensuring that they have a stable source of income, a secure place to live, and access to quality healthcare.
A Commitment to Supporting Retirees:
Governor Sanwo-Olu’s administration has demonstrated a commitment to supporting retirees in Lagos State. The government has launched a health insurance scheme tailored specifically for retirees, which will provide a wide range of medical services, including routine checkups and specialized treatments.
Governor Sanwo-Olu’s advice to pensioners is a timely reminder of the importance of financial prudence and responsible decision-making. Retirees would do well to heed his words and prioritize their personal needs and family obligations above other financial commitments. By doing so, they can ensure a comfortable and secure retirement.
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