The Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced to the State House of Assembly his intention to abolish the Public Office Holder (Payment of Pension Law 2007) which provides for payment of pension and other entitlements to former governors and their deputies.

READ ALSO:

Ondo Election: PDP Candidate, Jegede Drags Gov. Akeredolu To Tribunal

He made this known during his presentation of the 2021 budget, according to Igbere TV.

''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," Sanwo-Olu said.

The move if granted will see an end to the payment of pension to former governors of the state including Babatunde Fashola and Bola Tinubu.