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Lagos Moves To Repeal Law Granting Pensions To Ex-governors, Deputies 

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By Sola Alabadan

Lagos State Government has commenced moves to stop the payment of pensions to former governors and their Deputies in order to keep the cost of governance low.

Governor Babajide Sanwo-Olu stated this today at the State House of Assembly, where he unveiled a 2021 budget proposal of N1,155 trillion.

Sanwo-Olu disclosed his administration’s determination to keep the cost of governance low in the face of dwindling revenues and general inflation occasioned by multiple factors, announcing the repeal of the State’s Payment of Pension Law of 2007, which provides payment of pension and entitlements to former Governors and their deputies.
The Governor said he would be sending an Executive Bill to the Assembly for the repeal of the Pension Law, noting that public service would now be predicated on selflessness in the State.
He said: “In light of keeping the costs of governance low, we will be sending a draft executive bill to the House of Assembly imminently for the repeal of the Payment of Pension Law 2007 (Public Office Holder), which provides for payment of pension and other entitlements to former Governors and their Deputies. It is our firm belief that with dwindling revenues and inflationary growth rates, that we need to come up with innovative ways of keeping the costs of governance at a minimum, while engendering a spirit of selflessness in public service.”

In the “Budget of Rekindling Hope” the government will be investing heavily in the development of human capital, with special focus on youth employment and provision of social safety for young people. The focus will be raising human capital, creating jobs and strengthening security for businesses to flourish.
The expenditure is for the restoration of economic balance as the State continues to navigate its way out of the negative impact of the Coronavirus (COVID-19) pandemic and the destruction of public assets, following the EndSARS protest hijack.
The budget, the Governor said, will be funded from a projected Internally-Generated Revenue (IGR) of N962 billion. The N192.495 billion deficit will be financed through bond issuance, internal and external loans.
About N704 billion, representing 61 per cent of the total budget, is earmarked for capital expenditure in the proposed 2021spending: an estimate of N451.75 billion, representing 39 per cent, will go for recurrent expenditure, which includes personnel cost and other staff-related expenses.
Sanwo-Olu said the budget was designed to improve the state’s economic conditions and create the social safety needed for the youth and all hardworking residents to flourish. He said the Government would leverage its developmental efforts and focus on sectors with job-creating potential, such as agriculture, construction, technology and security.
He said: “The year 2021 is one of Rekindled Hope, in accordance with recent events of global and national proportions, especially the coronavirus pandemic, the EndSARS protests, the general feeling of disenchantment in the polity and the socio-economic yearnings of Lagosians for good governance. This budget reflects our desire to rebuild the trust of the people in this Government, even as we commit significant human and financial resources to the rebuilding of Lagos while doing all we can to move on from the destruction and vandalism recently witnessed in the State, barely three weeks ago.
“The COVID-19 pandemic and EndSARS protests have only heightened the need to urgently implement various programmes under the T.H.E.M.E.S. agenda. The 2021 budget will, among other things, provide for youth employment, security, and youth engagement and social works. We are set to improve the economic conditions and social safety needed for our youth to flourish. We are committing resources to sectors that need to grow for our people to become self-reliant and economically empowered. In Agricultural sector, our food security plan has a cumulative budget of N22.21billion while we are committing a cumulative budget of N311.43billion to provide infrastructure.”

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NERC: Over 1m Electricity Consumers Have Received Prepaid Meters

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Reps Ask FG To Implement Pay-per-view Model For Satellite TV

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The house of representatives has asked the federal government to implement the pay-per-view model for satellite TV subscribers, to encourage “healthy competition” in the broadcast industry.

The lower legislative chamber passed the resolution on Wednesday, following the adoption of a report on the increment of tariffs by broadcast digital satellite service providers.

This was after Unyime Idem, chairman of the ad hoc committee, moved a motion that the report be considered.

“That the house do consider the report of the ad hoc committee on non-implementation of pay–as–you–go and sudden increment of tariffs plan by broadcast digital satellite service providers,” he said.

In March 2020, the house set up the ad hoc committee to probe complaints about high tariffs by broadcast digital satellite service providers.

At the investigative hearing in June 2020, the panel specifically tackled the Digital Satellite Television (DSTV), a South Africa-based company owned by MultiChoice, for high tariffs and restricting Nigerian customers to prepaid plans.

But during plenary session on Wednesday, the lower legislative chamber said the “visible absence of competitors in the industry was tacit approval of monopoly of the industry by the present operators”.

In their resolution, the lawmakers called for “expedited action on implementing the content of the National Broadcasting Code and the Nigeria information Policy of 2014 that would trigger healthy competition in the industry”.

“The entertainment industry has a wider spectrum with limitless opportunities for the teeming youths. The visible absence of competitors in the industry was tacit approval of monopoly of the industry by the present operators,” the house said.

“Timely application of these government regulatory intervention measures already articulated will revolutionise the
industry and meet the people’s yearnings on pay-as-you-go, pay-per-view and price reduction.

“Our extant laws that moderate operations in the industry is to be fine-tuned to meet the 21st century regulatory laws of the industry that is dynamic as the entertainment industry.

“The commission that has the power to license and regulate the activities of service providers must, as well, have the power to moderate in the protection of consumers. There is little or nothing a regulator can do if he is handicapped by laws that are not properly tailored to the needs of the society.”

The lawmakers added that “uncontrollable” market forces are responsible for the hike in the tariff.

“The recent increment of VAT by 2.5% by the Financial Amendment Act of 13th January, 2020, the fluctuating
foreign exchange rate in the country that affects the cost of content, broadcast equipment, experienced hire and technical infrastructure increase, increase in bouquets for a wider choice,
inflation on the cost of production and need to maintain workforce not throwing many young men and women who are gainfully employed by pay-tv into the labour market were some
necessary indices for price hike,” they added.

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FG To Regulate, Monetise Posting Of Police Officers As Escorts, Guards

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The federal executive council (FEC) on Wednesday approved the formation of the Special Police Services to regulate and monetise posting of officers as escorts and guards.

Garba Shehu, senior special assistant to the president on media and publicity, said the new unit will formalise the deployment of police officers as escorts to VIPs and as guards to big corporations.

Speaking after the FEC meeting in Abuja, he said the approval was in the interest of transparency and accountability.

He said: “The minister of police affairs also had an important scheme which was approved at federal executive council meeting.

“It is the deployment of what they call Special Police Services. And this is about a new system that will formalise what has existed with us all the time.

“You know police provide escort and guard for big corporations, banks, and so on. Now, in the interest of transparency and accountability, the government is formalising this relationship. And there will be an introduction of tariffs and billing schemes. This will be using PPP (public private partnership) arrangement.

“The police projected the use of consultant that will help them to manage this. Part of the revenue will go to federal government. Part of it will go to the police. Part of it will go into police allowances. And part will go to consultants as their own fees.

“This is something that has been going on for many years. And it has happened virtually in all countries of the world. In our own case, it has remained largely, people will say, undocumented or non-formalised. Government is concerned about leakages in revenue and incomes which should be blocked.”

Shehu also said contracts worth N754,048,161 were approved for the Economic and Financial Crimes Commission (EFCC) for capital projects.

He said: “These are mainly for the supply of communications at the command and control centre. This is to enable EFCC comply with modern day investigative techniques, improve its operational efficiency, and support the administration of criminal justice system in the country.

“So, these are basically defensive and offensive cyber-security systems.”

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