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LASPEC warns pensioners against fraudsters


Director-General of the LASPEC Mr Babalola Obilana

The Lagos State Pension Commission (LASPEC) has warned 245 pensioners who received pension benefits last month to be wary of fraudsters.

The Director-General of the agency, Babalola Obilana, decried the activities of fraudulent individuals claiming to have affiliations with the Commission.

While speaking at the last 88th Bond Presentation Ceremony, Obilana warned Lagos State pensioners to be wary of impostors.


“We want to urge the retirees to stay away from any individual or association demanding money in exchange for fast-tracking payment of pension benefits.

“At LASPEC, we do not have any such intermediaries. You must be wary of such fraudsters. Please, always contact us directly for all inquiries,” he said.

Obilana, revealed that the said individual has since been reported to the police. “LASPEC has put in place strict business processes for the seamless payment of entitlements; you do not need a middleman to access your fund,” he stated.

According to the DG, 245 retirees have been credited with N1.01 billion in August.


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Babalola ObilanaLASPEC
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