Sanwo-Olu to abolish pension for ex-governors, deputies

Lagos state governor, Babajide Sanwo-Olu has expressed his administration’s readiness to repeal the Public Office Holder Payment of Pension Law 2007.

The law provides for payment of pension and other entitlements to former Governors and their Deputies.

FLASH: Governor of Lagos State, Mr Babajide Sanwo-Olu (@jidesanwoolu) arrives at the Lagos State House of Assembly (@lshaofficial) Chambers, Alausa Ikeja to present the Year 2021 Budget Estimates. #ForAGreaterLagos #RebuildingLagos @segunfafore @Riddwane @gboyegaakosile1 pic.twitter.com/JR2jtQ7LXC

— Gawat Jubril A. (@Mr_JAGss) November 10, 2020

The governor said this would be achieved through executive bill to the State House of Assembly.

He announced this on Tuesday during the presentation of the 2021 budget estimates before the Lagos state House of Assembly.

FLASH: Lagos State Governor @jidesanwoolu presents N1.155 Trillion Naira budget for year 2021 to the Lagos State House of Assembly tagged: BUDGET OF REKINDLED HOPE.

10th November 2020

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12:29pm #ForAGreaterLagos#RebuildingLagos pic.twitter.com/8tvNUcJd6S

— Gawat Jubril A. (@Mr_JAGss) November 10, 2020

Tagged Budget of Rekindled Hope, consists of N1.155 trillion estimate for 2021 fiscal year.