When I did this analysis last year of total #PensionForLife for ex Governors and their deputies, the conservative cost to the tax payer since inception was just a little over N100 Billion. Now it is over N115BN and It will keep raising if State Assemblies don't repeal these laws. https://twitter.com/yinkanubi/status/1127844658686627840
Guess how much the State of Zamfara and Imo have saved (in total) by repealing the #PensionForLife law? Over N300m. Less than the amt a State like Gombe & Kwara will save in one year. In total, Ex-Governors & their Ex Dep will cost the tax payer about N8bn in the year of Covid19.
There is no better time than now for State Assemblies to take the initiative and start to dismantle these wicked laws. You are broke. You don't earn enough to pay salaries or meet budget. You need to cut cost and the lowest hanging fruits right now are those #PensionForLife laws.
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