Governor of Lagos State, Babajide Sanwo-Olu has disclosed plans to abolish the Public Office Holder (Payment of Pension Law 2007) in Lagos State.
The implication of this is that former Governors and their Deputies will no longer be entitled to pension and other benefits after they leave office.
Sanwo-Olu dropped the hint on Tuesday when he appeared before the Lagos State House Of Assembly to present the state 2021 budget estimates.
Governor Sanwo-Olu presented a budget of N1,155,022,413,005.82.
“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.” the Governor said.