In a step that could best be described as bold, the Lagos State House of Assembly has announced plans to reduce pension of former governors in the state.
The Assembly Speaker Mudashiru Obasa disclosed this during a parley with civil society organizations. He said, “This House is amending the Public Office Holder (Payment of Pension) Law. The amendment is titled, Public Office Holders (Payment of Pensions) Amendment Bill, 2016. The bill has been read first time and awaiting second reading. The intendment of this bill is to save taxpayers’ money while addressing the cost implication of some parts of the law.
“For instance, the law allows a former governor and the deputy to have a house each in Lagos and Abuja, while both governor and the deputy are also entitled to six and five vehicles respectively. But with the amendment, both the governor and the deputy will be limited to a house in Lagos where they served, as well as have three and two vehicles respectively.
“At the same time, the amendment seeks to accord due recognition to the legislature by allowing the Speaker and the Deputy Speaker to benefit in the pension.”
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