". Who Drafted Tinubu's Multi-Billion Naira Life Pension? - Way Loaded

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Thursday, July 9, 2020

Who Drafted Tinubu's Multi-Billion Naira Life Pension?

Yemi Osibanjo was Justice Commissioner under Tinubu when this pension, which is daylight legal robbery was assented into law.

Here are the provisions:

One residential house each for the governor and the deputy governor at any location of their choice in Lagos State and one residential house in the Federal Capital Territory for the governor on two consecutive terms
Tinubu is entitled to six new cars every three years, 100 per cent of the basic salary of the serving governor (N7.7m per annum), as well as free health care for himself and members of his family.

The law also says former governors will be entitled to furniture allowance, which is 300 per cent of their annual basic salary (N23.3m); house maintenance allowance, which is 10 per cent of basic salary (N778,296); utility allowance, which is 20 per cent of the salary (N1.5m) and car maintenance allowance, which is 30 per cent of the annual basic salary (N2.3m).

 Tinubu is entitled to six new cars every three years, 100 per cent of the basic salary of the serving governor (N7.7m per annum), as well as free health care for himself and members of his family.

The law also says former governors will be entitled to furniture allowance, which is 300 per cent of their annual basic salary (N23.3m); house maintenance allowance, which is 10 per cent of basic salary (N778,296); utility allowance, which is 20 per cent of the salary (N1.5m) and car maintenance allowance, which is 30 per cent of the annual basic salary (N2.3m).

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Other benefits include entertainment allowance, which is 10 per cent of the basic salary (N778,296) and a personal assistant, who will earn 25 per cent of the governor’s annual basic salary (N1.9m).

The law adds that a former governor is entitled to domestic workers comprising a cook, a steward, a gardener and others whose appointments are pensionable.

A former governor will also be entitled to eight policemen and two officials of the Department of State Services for life, according to the Lagos law.

How greedy can one man be to rob his state blind using legal cover. This pension will cost Lagos state billions of naira.

Other benefits include entertainment allowance, which is 10 per cent of the basic salary (N778,296) and a personal assistant, who will earn 25 per cent of the governor’s annual basic salary (N1.9m).

The law adds that a former governor is entitled to domestic workers comprising a cook, a steward, a gardener and others whose appointments are pensionable.

A former governor will also be entitled to eight policemen and two officials of the Department of State Services for life, according to the Lagos law.

How greedy can one man be to rob his state blind using legal cover. This pension will cost Lagos state billions of naira.

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