Imo: Uzodinma justifies repeal of ex-governors’ pension law
Uzodinma explained that the bill was illegal and gave a few privileged people the power to feed fat on the commonwealth of the state.
The Governor made the disclosure at the State’s Government House in Owerri, the State capital, yesterday. According to Uzodinma: “As a young state grappling with enormous challenges, it dawned on me that the Imo state Governors and Speakers Pensions and Privileges Law No 5 of 2007 was a bad omen. At the age our governors and speakers are leaving office it will not be out of place to assume that many of them will be alive and kicking in the next 15 years or more. This will mean that by then the state will have more than 20 governors and Speakers qualified for Pensions and Privileges.
“I was alarmed that the financial implications for the state will not only be scandalous but indefensible. My simple calculation told me that there could come a time when the state could be spending more than one third of its resources to maintain former governors and speakers. “The same governors and speakers also received severance allowances, amounting to several millions of naira, when they disengage from office. How then can the same category of former public office holders turn around to receive pensions?”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Police arrest alleged kidnapper of Imo Catholic priest
Read more »
Man abandons wife after birth of conjoined twins in ImoA taxi driver in Owerri, identified as Anayochukwu Njoku, from Umuakagu, Agbahara Nsu in Ehime Mbano council area took to his heels and abandoned his wife when he realised that she gave birth to co…
Read more »
Soldier, deserters nabbed for killing Imo undergraduate over N800,000
Read more »
Imo Assembly passes law stopping ex-governors, speakers’ entitlementsThe Imo State House of Assembly, on Thursday passed into law a bill which will stop past governors and speakers from receiving their pensions and other privileges. The executive bill was presented by the Majority Leader of the House, Uche Ogbuagu and given accelerated hearing. In an interview, the Majority Leader said the bill would
Read more »
Imo PDP publicity secretary resigns
Read more »