Sanwo-Olu to abolish pensions for Tinubu, other former Lagos Governors

Lagos state governor, Babajide Sanwo-Olu has initiated a plan to stop the payment of pension to former governors of the state and their deputies.

The abolition of pension will affect former governors Bola Tinubu, Babatunde Fashola, Akinwunmi Ambode, and their deputies.

Sanwo-Olu to abolish pensions for Tinubu, other former Lagos Governors

Senior special assistant to the governor on new media, Jubril Gawat confirmed the development on Twitter and also revealed that the Lagos state Governor made this known in a bill submitted to the state house of assembly on Tuesday November 10.

Gawat tweeted;

“Governor of Lagos State, Mr @jidesanwoolu has announced his intention, through executive bill, to repeal the public office holder (Payment of Pension Law 2007), which provides for payment of pension & other entitlements to former governors and their deputies.”

According to Sanwo-Olu the move was in the light of keeping he costs of governance low and to signal selflessness in public service.

He added the his government would 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.

Sanwo-Olu said it was his administration’s firm belief that with dwindling revenues and the appurtenant inflationary growth rates, that there was 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.

“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.

“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.”

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