GESI NEWS: (Imo State) Ex-Governor, Their Deputies and Ex-Speakers Stripped of Pension Benefits

In order to ensure proper accountability of funds and prudent spending of state resources, the Imo State House of Assembly has repeal led the 2007 pension act which effectively striped Ex-Governor, their Deputies and Ex-Speakers of their pension.

Leading the debate in the preliminary, the chief sponsor, Chief Nwagwu APC Nkeduru State Constituency and Majority Leader argued that following the establishment of such laws has no constitutional backing, pointing that continuing with the same law would constitute a huge drain on the finances of the state.

Nwogu said the law has made it mandatory that every three years, old past governors would have their vehicle renewed at the detriment of the state.

Several of the Makers who spoke on the bill, agreed with the sponsor that it has been imperative to do away with pension of Ex-Governors, Speakers to free funds for developmental projects for the benefits of the people in the in the state.