Abia State Assembly Halts Pension Payments to Former Governors and Deputies

2 Min Read
Abia State Assembly

On Tuesday, the Abia State House of Assembly made a bold move by passing a bill aimed at halting the payment of pensions to former governors and deputy governors in the state. Titled “A Bill (H.A.B 11:) for a Law to Revoke The Abia State Governors and Deputy Governors Pensions Law No 4 of 2001 and for other Matters connected therewith,” the legislation signifies a significant shift in governance priorities.

Championed by Mr. Uchanna Okoro, the Majority Leader representing Arochukwu State Constituency, this bill garnered swift support, swiftly progressing through its readings and considerations during the day’s plenary session. Speaker Emmanuel Emeruwa proudly announced its passage, emphasizing its potential to alleviate the state’s financial burden and redirect resources towards vital development initiatives.

Once signed into law by the governor, the bill will bear the name “Abia State Governors and Deputy Governor’s (Repeal) Law 2024,” marking a decisive step towards fiscal responsibility. Notably, the legislation will take effect immediately upon its enactment, effective Tuesday, March 19, 2024.

This groundbreaking decision signifies a departure from the status quo, wherein former governors and their deputies enjoyed substantial pension benefits even after their tenures had ended. The move comes amidst growing public outcry over the lavish post-office perks accorded to political officeholders, with many questioning the sustainability and fairness of such arrangements.

With this bill’s passage, Abia State sets a precedent for prudent governance and accountability, challenging other states to follow suit in reviewing and revoking similar laws. While controversies and debates surround pension policies for former political officeholders across the nation, Abia’s proactive stance signals a new era of responsible stewardship and fiscal discipline.

NAN

Share This Article
By YEPS
Follow:
YEPS is your go-to digital news platform that satisfy the interests of it's readers.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version