‘We’re doing things responsibly’: Sanwo-Olu seeks PenCom’s support for Lagos govt

Lagos State Governor Babajide Sanwo-Olu has appealed for continuous support of the National Pension Commission (PenCom) on bonds and other matters relating to pensions and the welfare of workers in the state.

Sanwo-Olu said this during a courtesy visit by the Director-General of the National Pension Commission, Omolola Oloworaran, at the Lagos House in Ikeja on Wednesday, May 7, 2025.

The governor said his administration was deliberate and intentional in ensuring that it does not have any outstanding liability, noting that the government is committed to the welfare of civil servants and pensioners in Lagos State.

He said: “We want to appeal that each time we come around for bond issuance, you look at us as A Star and use that measure of mark to quickly support without delaying whatever it is that we are asking for.

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“We want to assure you that we are doing things responsibly. All the fundraising is targeted at projects that have life-changing impacts that touch our citizens in various ways. We are always mindful of how we raise those bonds and what we need to use them for.

“For us, it is all about creativity. It is all about ensuring that we can beat inflation at its own track, and we can deliver using private funding quicker, faster and better.”

Speaking earlier, the Director-General of the National Pension Commission, Omolola Oloworaran, hailed Sanwo-Olu’s giant strides in Lagos State, declaring that PenCom is grateful for what the governor is doing in the pension space.

Oloworaran, while speaking on the Report of the Routine Pension Examination carried out in October last year, which she presented to Sanwo-Olu during the visit, said the report about Lagos State was ‘A’.

The Star