The Lagos State House of Assembly has begun the amendment of a law that provides for lavish pension benefits to former governors and their deputies. 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.
The law being amended 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. 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. Key beneficiaries of the law are the state’s most recent governors, Ahmed Tinubu, now a leader of the ruling All Progressives Congress, and Babatunde Fashola, currently Nigeria’s power, housing and works minister. The controversial law, available in other states, was first put in place by the Tinubu administration.
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