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Lagos to repeal controversial pension law for Ex-Governors and Deputies

ByPensionTalk

Nov 11, 2020
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Lagos State on Tuesday unfolded plans to repeal the public officials’ pension law which grants certain benefits to former elected governors and deputy governors.

Governor Babajide Sanwo-Olu, who gave the hint during his 2021 budget presentation to the House of Assembly, said he would send an Executive Bill to scrap the law because the entitlements were not sustainable due to financial constraints.

The N1.155 trillion budget was christened: “Budget of Rekindling Hope.”The governor said the repeal of the law would reduce the cost of governance and foster the spirit of selfless service.He said: “In the 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 immediately 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.

The pension law was passed by the House of Assembly in 2007. Other states, including Rivers, Akwa Ibom, Kwara, have also copied the law, which rights groups have criticised.

Former governors who are entitled to the benefits under the law are Alhaji Lateef Jakande (1979-1983), Asiwaju Bola Tinubu (1999-2007), Mr. Babatunde Fashola (2007-2015), and Mr. Akinwunmi Ambode (2015-2019).The ex-deputy governors are Alhaja Sinatu Ojikutu (1991-1993), Senator Kofoworola Bucknor-Akerele (1999-2002), Mr. Olufemi Pedro (2002-2007), Prince Abiodun Ogunleye (2007), Princess Sarah Sosan (2007-2011), Mrs. Adejoke Orelope-Adefulire (2011-2015), and Dr. Idiat Adebule (2015-2019).

Source: The Nation


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