Governor Babajide Sanwo-Olu of Lagos State (m) giving updates on COVID-19 in the State.

Lagos State governor, Babajide Sanwo-Olu has announced his intention to repeal 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 who announced this while presenting the 2021 budget to the Lagos State House of Assembly on Tuesday, said the abolition of pension for former governors and deputies will reduce the cost of governance.

““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,” he said.