Pension: Fashola reveals how much ex-Lagos governors earn

A former governor of Lagos State, Mr. Babatunde Fashola, has revealed that the only financial benefit he receives from the state government is a N577,000 monthly pension.

The former minister of works was reacting to claims that he was receiving billions of naira from the Federal Government after serving eight years as the minister.

Speaking as a guest on Arise TV programme, Perspectives, on Saturday, Fashola said, “The benefit I get, I think, is a N577,000 monthly pension from Lagos State. That’s all I get.

“So, in spite of all the stories that we got several billions of money (after leaving office), I’ve come out to deny that repeatedly. Well, I don’t know how long it lasts, but all I know is that I get N577,000 per month consistently.”

The Lagos State House of Assembly in 2021 reduced the pension of former governors of the state by 50 per cent.

While ex-governors and their deputies enjoy huge pensions and luxury, retired civil servants suffer greatly for theirs.

Many states in the country have laws providing for humongous life pensions for governors and deputy governors who serve four or eight years.

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