A group known as ‘Concerned Largosians’ has revealed the “truth” behind Governor Babajide Sanwo-Olu’s Asiwaju cancelation of pension pwyments to ex-governors; Bola Tinubu, Akinwunmi Ambode and Babatude Fashola.
Former lagos state governorship aspirant, Babatunde Gbadamosi, disclosed this in a tweet via his Twitter handle, @BOGbadamosi, on Tuesday.
Read full tweet below:
According to the information available at the website of the Debt Management Office, about 26 states that have established pension laws for their ex-governors owe a total of N3,920,194,580,284.72 (about N4tn), comprising N2,906,789,725,341.46 domestic debt and $3,311,780,571.71 (N1,013,404,854,943.26) foreign debts as of June 30, 2019.
Lagos state created in 1967, has been governed by 14 ex governors.
However details of the implementation of of the new policy was still sketchy as at the time of filling this report.
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