• July 26, 2021

Lagos To Stop Pension For Former Governors, Deputies


By Franca Joseph (AGENDAWATCHDOG) – The Lagos State Governor, Babajide Sanwo-Olu, has disclosed that moves were being made to scrap the Public Office Holder (Payment of Pension Law 2007) in the state.

Sanwo-Olu made the disclosure on Tuesday while presenting the state government’s budget proposal for the 2021 fiscal year to members of the Lagos State House of Assembly in Alausa, Ikeja, saying,

“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,” said Governor Sanwo-Olu who presented a budget of N1,155,022,413,005.82.

Continuing, Sanwo-Olu said, “It is our firm belief that with dwindling revenues and the appurtenant inflationary growth rates, that we need to come up with innovative ways of keeping the costs of governance at a minimum while engendering a spirit of selflessness in public service.”

 


Agenda Watchdog

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