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 this known while presenting the 2021 budget to the
Lagos State House of Assembly.
Sanwoolu said the bill would be sent to the Lagos Assembly
for legislative approval.
According to Sanwo-Olu, 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.”
Detail later…
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