by Kolapo Olapoju
This is an awfully unpleasant news for governors who are enjoying a life-time of exorbitant pension payments.
It is believed that President-elect, General Muhammadu Buhari (retd), may lead a campaign to repeal the pension laws for governors enacted by many states in the country.
Majority of the nation’s 36 state Houses of Assembly have enacted bountiful pension entitlements for governors.
In many cases, the entitlements provide 100 per cent pay for the incumbent governors’ buildings, generous medical allowances for them and their family members as well as annual holiday provisions.
The most absurd part of this pension entitlements is that the laws enacted says that they are to last for life.
Similarly, provision for pension allowances are also made for staff, security and vehicles, which are renewable every three or four years.
According to Vanguard Newspapers, Buhari’s desire to review the pension for former governors was first communicated a few days to the presidential election at the All Progressives Congress retreat in Owerri, Imo State.
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