Flash: Lagos State Govt set to end pension payment for ex-governors, deputies
Lagos State Governor, Babajide Sanwo-Olu has announced that the State Government is ready to end pension payment to former Lagos State governors and deputy governor.
Sanwo-Olu made this known through an executive bill he sent to the Lagos State house of assembly to repeal the public office holder, Payment of pension law, 2007.
The public office holder law allows for former governors and their deputies in the state to enjoy pension and other benefits when after leaving power.
Sanwo-Olu revealed that the law will be repeal when he was at the State Assembly to present the 2021 budget for the state.
“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” says Sanwo-Olu during the budget presentation in the house.