Despite massive debt, the former governor of Delta State receives a N50 million pension each year

As some state governors is getting ready to hand over power to the incoming governors on May 29th, 2023, reports has disclosed that the Delta State government owes more debt than any other state in Nigeria. Continue Reading>>>

According to a recent report, it has been revealed that despite owing N304.25bn domestic debt and $58.77m foreign debt, Delta State pays their former governors a total of N50 million every year as pension.

The law that entitles past Delta State governors this huge pension is contained in the Delta State Governor and Deputy Governor Pension Rights and Other Benefits Law, 2005, which was signed into law by former governor James Ibori, who ruled the state between 1999 and 2007. The law was later amended in 2009. Continue Reading>>>

It was also revealed that the huge pension package includes one duplex in any city of their choice in Nigeria. The package also include one sport utility vehicle and a backup car which are replaced every two years. The staffs are entitled to N100,000 every month.

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