Pensioners under the Contributory Pension Scheme (CPS) in Lagos State have threatened a mass protest on August 31, 2026, over the delayed implementation of pension enhancement and wage award.
The Nigeria Union of Pensioners, Contributory Pension Scheme (NUPCPS), Lagos Council, gave Governor Babajide Sanwo-Olu a 19-day ultimatum from August 1 to pay the outstanding benefits. The deadline expired on August 19.
Chairman of the council, Michael Omisande, disclosed this after a meeting with government officials and the Lagos State Pension Commission (LASPEC).
Omisande said the union submitted an implementation template to the government in January 2026. LASPEC, he added, subsequently indicated that an actuary would assess the financial implications of the proposed adjustment.
He said the union had notified the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, and the state Commissioner of Police of the planned protest.
LASPEC Director-General, Babalola Obilana, said Governor Sanwo-Olu had summoned him and issued directives on the matter, but no payment date was given.
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Lagos State NLC chairman, Funmi Sessi, urged the government and LASPEC to conclude the process promptly and avert confrontation.
The dispute stems from differences in pension adjustments between retirees under the Defined Benefit Scheme (DBS) and those under the CPS.
The National Pension Commission had earlier urged Lagos to extend periodic increases granted to eligible DBS retirees to CPS pensioners.
The issue was discussed at a meeting convened by Sanwo-Olu on May 22, 2025, while the pensioners said an implementation framework was submitted to the government in January 2026.
LASPEC has said Lagos is responsible for the additional liability and that implementation requires verification of pension data and assessment of the financial implications.
The dispute comes days after former NEPA and PHCN pensioners protested in Lagos on August 21 over outstanding retirement benefits. That protest involved federal power-sector retirees and was separate from the CPS dispute.
Omisande said the NUPCPS national leadership supports the Lagos council’s position.
With the ultimatum expired, August 31 remains the union’s stated protest date unless the government resolves the matter before then.