“I Receive Only N577,000 As Monthly Pension” – Fashola

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

Babatunde Fashola, who is also a former Minister of Works and Housing denied claims that he was receiving billions of naira from the Federal Government after serving eight years as the minister.

The former Lagos governor stated this while appearing as a guest on Arise TV programme, ‘Perspectives’ on Saturday.

He 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.”

Fashola’s comments come as many Nigerians call for reform of the pension laws in most states in the country, which provide for huge life pensions for former governors and deputy governors.