Lagos State Governor, Babajide Sanwo-Olu, on Tuesday announced to the State House of Assembly 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 during his presentation of the N1.155 trillion 2021 budget.
“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,” Mr Sanwo-Olu said.
Abolishment of the Payment of Pension Law 2007 will mean the stoppage of pension payment to Bola Tinubu, Babatunde Fashola, Akinwunmi Ambode and other individuals that served as governors and deputy governors in Lagos State.
Details later.
