Lagos State Governor, Babajide Sanwo-Olu, is set to present a bill to the State House of Assembly seeking to abolish the payment of pensions and other humongous entitlements to former Governors and their Deputies.
Presenting the 2021 budget estimates to the State lawmakers for approval, the Governor said the move was because of the need to channel state resources to more critical programmes and infrastructure while encouraging selflessness in public service.
His government would therefore send 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.
“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.
“It is our firm belief that with dwindling revenues and the appurtenant inflationary growth rates, that we need to come up with innovative ways of keeping the costs of governance at a minimum while engendering a spirit of selflessness in public service” he told the lawmakers.
