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Home Business News Business

Tinubu lauds Sanwo-Olu over repealing Pension packages for ex-Governors and Deputies

Abiola Odutola by Abiola Odutola
November 11, 2020
in Business
Tinubu plans to remove fuel subsidies and use recovered funds for public transport subsidies 

Bola Ahmed Tinubu

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Bola Tinubu, former Governor of Lagos, has lauded Governor Babajide Sanwo-Olu over repealing Pension packages for ex-Governors and Deputies.

Tinubu disclosed this via his Twitter handle on Wednesday.

He tweeted, “In particular, I would like to commend the Governor for the plan to commence the repeal of the Pension Law giving pension packages to former governors and their deputies.

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“This is a bold and courageous move by Mr. Governor and I wholeheartedly support him. I encourage all APC loyalists to do the same.”

In particular, I would also like to commend the Governor for the plan to commence the repeal of the Pension Law giving pension packages to former governors and their deputies.

— Bola Ahmed Tinubu (@officialABAT) November 11, 2020

What you should know

On Tuesday, Nairametrics had reported when the Lagos State Governor, Babajide Sanwo-Olu, announced plans to repeal the Public Office Holder (Payment of Pension Law 2007), which makes provision for the payment of pension and other entitlements to former elected governors and their deputies.

This disclosure was made by the governor on Tuesday, November 9, 2020, while presenting the 2021 budget to the Lagos State House of Assembly at Alausa Ikeja.

While disclosing that this was expected to help reduce the cost of governance, Sanwo-Olu said the bill for that purpose would be sent to the State Assembly.

Sanwo-Olu said, “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.’’


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Tags: Babajide Sanwo-OluBola Tinubu
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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