SEE THE HUGE PENSION SCHEME FOR EX GOVERNORS OF LAGOS STATE.

LAGOS: 6 NEW CARS EVERY 3 YEARS, HOUSES IN LAGOS, FCT

The Lagos State Governor and Deputy Governor Pensions Law of 2007 provides one of the most lucrative pensions in the federation as far as Nigeria is concerned.

The highlight is that the former governor is entitled to six new cars every three years and a house in Lagos and another in Abuja. Conservatively, a house in Lagos will cost N500 million and one in Abuja N700 million. The former governor and family (spouse and children ─ both married and unmarried) are entitled to free medical which is not capped. Another highlight is that the ex-governor is entitled to a cook, steward, gardener and other domestic staff who are pensionable.

THE BENEFITS

Annual Basic Salary: 100% of annual basic salaries of the incumbent governor and deputy.

Accommodation: One residential house in Lagos and another in FCT for the former governor; one residential house in Lagos for the deputy.

Transport: Three cars, two back-up cars and one pilot car for the ex-governor every three years; two cars, two back-up cars and one pilot car for the deputy every three years.

Furniture: 300% of annual basic salary every two years.

House maintenance: 10% of annual basic salary.

Domestic staff: Cook, steward, gardener and other domestic staff (no limit) who shall be pensionable.

Medical: Free medical treatment for ex-governor and deputy and members of their families (not just spouses).

Security: Two SSS operatives, one female officer, eight policemen (four each for house and personal security) for the ex-governor; one SSS operative and two policemen (one each for house and personal security) for the deputy.

PA: 25% of annual basic salary.

Car maintenance: 30% of annual basic salary.

Entertainment: 10% of annual basic salary.

Utility: 20% of annual basic salary.

Drivers: Pensionable (no limit to number of drivers).

Severance gratuity: Not specified.

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