Home News Former Lagos Governors, Deputies May Lose Pension, Other Entitlement

Former Lagos Governors, Deputies May Lose Pension, Other Entitlement

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Lagos State Governor, Babajide Sanwo-Olu


By; RAYMOND TEDUNJAYE, Lagos


Former Lagos Governors and Deputies may soon stop receiving pension and other entitlement from the State Government if a proposed Bill by Governor Babajide Sanwo-Olu is approved by the House of Assembly.

 Sanwo-Olu made his intention known on Tuesday 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.
The Governor made this known while presenting the 021 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.”

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