Home General and News updates Sanwo-Olu Reveals Plan To Abolish Pension for Ex-govs, Deputies

Sanwo-Olu Reveals Plan To Abolish Pension for Ex-govs, Deputies

Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced his intention to repeal the Public Office Holder (Payment of Pension Law 2007).

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The law provides for payment of pension and other entitlements to former Governors and their Deputies.

Sanwo-Olu disclosed this while presenting the 2021 budget to the Lagos State House of Assembly.

The governor presented a N1.155trn budget  tagged ‘Budget For Rekindled Hope’ for the  year 2021 to the house of assembly.

According to him, the abolition of pension for former governors and deputies will reduce the cost of governance.
He said,“Mr. Speaker and Honourable Members of the House, in light of keeping the costs of governance low and to signal selflessness in public service, we will be sending a draft executive bill to the House imminently for the repeal of the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies.”
The Lagos House of Assembly had passed a pension bill for erstwhile governors and their deputies.
According to the law, the governor is entitled to N30 million pension annually, a house in Lagos and Abuja, six brand new cars every three years, medical allowances in any part of the world and other allowances.

Earlier, a tweet by Senior Special Assistant to the Governor on New Media, Gawat Jubril said:  “Governor of Lagos State, Mr @jidesanwoolu has announced his intention, through executive bill, to REPEAL the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension & other entitlements to former Governors and their Deputies.”

 

 

 

 

 

 

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