Tuesday, November 10, 2020

Sanwo-Olu Set To Remove Pension Of Former Governors, Deputies

Lagos State governor, Babajide Sanwo-Olu has revealed that the Lagos State government is set 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.

Sanwo-Olu said the proposed bill would be sent to the Lagos Assembly for legislative approval.

According to Sanwo-Olu, the removal of pension for former governors and deputies will bring the cost of governance in Lagos State low.

In his words, “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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