Imo State House of Assembly on Thursday May 21, revoked the 2007 pension act which effectively trimmed ex-governors, their deputies, and ex- speakers of their pensions and other entitlements.
However, some lawmakers who spoke in support of the executive bill titled “A bill for a law to rescind the Imo State governors and Speakers Pension and privileges law No 5 of 2007 (as amended)”, agreed that it was important to do away with pensions of ex-governors and speakers, to make funds available for other developmental projects in the state.
Furthermore, the speaker of the house of assembly Chiji Collins who also shared his opinion about the bill, stresses that though they are the first victims of the law, the rejection is necessary for the development of the state.
It was also reported that that the bill was quickly passed into law after the lawmakers deliberated on it, and now awaits the consent of the governor.
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