Imo State House of Assembly has passed a bill which posits that former Governors, Speakers and their Deputies in the state are no longer entitled to receiving pensions after leaving office.
The new bill titled ‘A bill for a law to repeal the Imo State governors and Speakers Pension and privileges law No 5 of 2007 (as amended)’ repealed the 2007 Pension Act which gives the former leaders access to pensions and other entitlements.
The members of the House on Thursday agreed that it was necessary to do away with pensions of ex-governors and speakers so as to make funds available for other developmental projects in the state, and is to begin with the current administration Read also:Â Imo State Becomes 29th State With Coronavirus In Nigeria, Confirms Index Case
Presiding, the Speaker of Assembly Chiji Collins stated that though they are the first victims of the law, the sacrifice is necessary for the development of the state.
The bill was then promptly passed into law and awaiting the consent of the governor.Photos Credit: Getty
