JUST IN: Lagos State Governor, Babajide Sanwo-Olu Plans to Scrap 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), which provides for payment of pension and other entitlements to former Governors and their Deputies.
He made the announcement on Tuesday while presenting the government’s budget proposal for the 2021 fiscal year to members of the Lagos State House of Assembly in Alausa, Ikeja.
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 law provides for the payment of pension and other entitlements to former governors and their deputies.
More to follow…