Sanwo-Olu presents N1.155trn 2021 budget of rekindle hope

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…To abolish pension payment to ex governors, others

The Governor of Lagos State, Mr. Babajide Sanwo-Olu has concluded the presentation of the 2021 budget themed “Budget of Rekindled Hope”.

The budget as presented by Sanwo-Olu, at the Chamber of the Lagos State House of Assembly, Ikeja, the capital of Lagos, is estimated at N1.155tr (N1,155,022,413,005.82k).

Through the executive bill, Sanwo-Olu, announced his intention to annul the Public Office Holder “Payment of Pension Law 2007”, which provides for payment of pension and other entitlements to former Governors and their Deputies.

More details later…

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