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Tinubu, Fashola, Ambode to lose 50% of pension-Lagos Assembly

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Tinubu, Fashola, Ambode to lose 50% of pension-Lagos Assembly

Modupe ASUDO with Agency report

LAGOS-The three former Governors of Lagos State since the return to civil rule in 1999, Senator Bola Tinubu, Mr. Babatunde Fasholaand Mr. Akinwumi Ambode will no longer enjoy a robust pension scheme, as the Lagos State House of Assembly has reduced the pensions of former governors of the state by 50 per cent.

This is a far cry from what the current Governor Mr. Babajide Sanwwo-Olu stated during his budget presentation to the house recently.

The governor had promised to send a draft executive bill for the repeal of the law which provided for payment of pensions and other entitlements to former governors and their deputies.

A former Lagos Governor, Bola Tinubu, was among those who publicly supported the decision.

But a statement on Thursday by the Chief Press Secretary to the Speaker, Eromosele Ebhomele, said the House decide to slash the pensions after the adoption of a report by the House Committee on Establishment.

According to the statement, the report recommended the reduction of pensions for former governors and other affected officials by 50 per cent.

However, the House committee’s report, while expunging the provision of houses in Abuja and Lagos for ex-governors, reduced their salaries by 50 per cent.

The report further showed a reduction in the number of vehicles for former public office holders.

The Speaker of the House, Mudashiru Obasa, was said to have suggested that former governors should get two vehicles (a car and a van) instead of the three recommended by the committee.

He also suggested that the amended bill should provide that the cars be changed every four years, instead of the three years recommended by the report.

While some of the lawmakers at plenary suggested an upward review of the pension for the affected public office holders by 75 per cent, others urged that the pension remain as stipulated in the old law.

However, Obasa argued that it should be left at 50 per cent, especially as the report had recommended the removal of houses and reduced other benefits.

Obasa, who noted the argument of his colleagues that the projected downward review of pensions for former governors and others could also be affected by inflation, said, “The House must meet the wishes of the people, one of which is a cut in the cost of governance.”

 

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Subsidy Removal, Currency Reforms Vital For Economic Revival – VP Shettima

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Vice President Kashim Shettima has called on Nigerians to exercise patience with President Bola Tinubu’s administration as it tackles the economic difficulties inherited upon assuming office.

He expressed confidence that the nation’s economy will witness substantial progress in the near future, leading to improvements in key areas such as inflation, income levels, GDP, poverty alleviation, and food security.

The appeal was made during the 2nd Chronicle Roundtable organized by 21st Century Media Services in Abuja on Thursday.

He said “Soon, Nigeria’s economy will experience significant growth once we’ve overcome these sacrifices. Positive changes will soon be evident across all economic indicators – inflation, per capita income, GDP numbers, poverty reduction, food security, and all aspects close to the hearts of our people.”

As the Guest Speaker at the roundtable, Vice President Kashim Shettima, through his spokesman Stanley Nwocha, elaborated on significant policy initiatives undertaken by the Tinubu administration.

These include the removal of petroleum subsidy, which he highlighted as a major issue prior to Tinubu’s leadership.

He emphasized the need for patience and time to tackle the substantial challenges, particularly the nation’s struggling economy, which was in a precarious state upon assumption of office.

Shettima said “We look forward to the positive impact on the economy that will be brought by some of our new initiatives in the oil and gas sector, creative arts sector, the newly rejigged steel and solid minerals sectors, our housing sector, the blue economy, and the digital sectors, to mention but a few.

“There is no doubt that there’s a time to plant and a time to reap. In between those times, we appeal for patience and seek collective sacrifice from all, especially from us. We wish there were a way to treat this ailment without surgery.”

In his address titled “Because These Shortcuts Are Not The Right Ways,” Vice President Kashim Shettima acknowledged the challenging nature of the decision to remove fuel subsidy, given its adverse effects on citizens’ lives.

However, he emphasized that it became a necessary choice when it was revealed that the previous administration of former President Muhammadu Buhari had not allocated funds for it in the 2023 budget.

He explained: “His Excellency, President Bola Ahmed Tinubu, chose the option that would save the life of the nation, instead of one that would merely prolong its imminent and predicted economic death. Before we took charge, the biggest elephant in the room was the question of fuel subsidy removal.

“We understood why our predecessor made the decision to remove it and refused to budget for it in their final fiscal year. The year before we took office, Nigeria’s debt service-to-revenue ratio had grown to 111.8%.

“The anticipated debt crisis may sound like fancy economic jargon to the man on the street, but you and I are in a better position to understand how such miscalculations have played out in other countries. It’s an economic death sentence.

“In plain terms, our debt servicing was such that if you earned, say, N100,000, the entirety of the money wasn’t only paid to your debtor; you were forced to borrow an additional N11,800 to pay the debtor. How do you intend to survive this, and how many more loans before you become a pariah?.”

“We are not even discussing the nation’s budget deficits, diversions of resources from critical sectors of the economy, and corruption masterminded in the subsidy regime.”

Recognizing the principle of government continuity, Vice President Kashim Shettima stated that any successor to the previous government would have faced the same choice: to navigate through the challenges or abandon ship, risking national collapse.

He noted that other presidential contenders did not find it ethically acceptable to criticize the removal of fuel subsidy, as it was among the solutions they had also proposed to the Nigerian people.

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Another Premium Under-Bridge Apartment Uncovered In Lagos

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It appears that these are the days of uncovering the premium habitats of ‘forcing guys’ with another under-bridge apartment exposed in the Ikoyi Area of Lagos.

On Thursday, Commissioner for Environment and Water Resources, Lagos State, Tokunbo Wahab, took to his verified X handle to shed light, via text and video clips, on another illegal settlement under the Osborne Bridge, Ikoyi, Lagos State.

Wahab wrote, “Another illegal settlement was discovered under the Osborne Bridge, Ikoyi.

“Lagos State Environmental Sanitation Corps #LAGESCOfficial (KAI) commenced immediate clearance operation.”

Biztellers had served a report of the initial discovery on Tuesday of a premium 86-room-under-bridge apartment, well partitioned into “10×10” to “12×10” with annual rents of up to N250,000.00

Netizens have been wondering who were behind the ambitious and illegal apartments, well in the heart of Lagos, with residents said to be of varied social and professional profile.

A man-about-town, Udeme Uyana, told Biztellers that he wouldn’t be surprised should more discoveries of such under-bridge apartments be made in Lagos.

He said, “There is a high level of illegality going on in Lagos and a lot of people want to cash in on whatever opportunities to make ends meet. Those living there, would have been struggling to cut transportation expenses of coming from the outskirts of Lagos to their jobs in the Island. While the builder and managers would have been well connected with the powers-that-be in Lagos, hence no arrests have been made.”

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SYNLAB Nigeria Champions Industry Standards, Coordination

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The place of error-free patients’ record keeping, accessibility and coordination, which technology can ensure to improve current standards in Nigeria’s health management sector cannot be overemphasized.

These came up at a webinar, where Chief Executive Officer, SYNLAB Nigeria, Kenneth Okolie harped on revolutionizing patient care.

He advocated that the effective use of electronic health records would come with the benefits of centralized patient information, healthcare coordination, and the tracking of patient outcomes.

According to Okolie, resorting to use of electronic health records requires adhering to standards, use of common data sets, consent management, training and education, testing and certification, as well as participating in health information exchange, to facilitate real-time informed decision-making in patient care.

Consequently, he urged the industry to embrace an effective regulatory framework to ensure industrywide compliance to these requirements by healthcare institutions.

In the same vein, Managing Director/CEO, Private Sector Health Alliance of Nigeria (PSHAN), Tinuola Akinbolagbe, expressed the view that healthcare workers should collaborate in ensuring quality patient care decision-making.

Such interdisciplinary collaboration, she maintained had become necessary to achieve the desired health outcome for the patient.

Akinbolagbe added that patient education and effective collaboration with the patient’s family are necessary to ensure that the health institution and the family do not work at cross-purposes in the patient care process.

On his part, Chief Executive Officer, Leadway Health, Olatokunbo Alli, called for trust and transparency in shaping the patient’s journey.

According to him, that trust and transparency are the foundation of effective customer service for which he urged health institutions to build by maintaining openness in their dealings with patients.

He maintained that health institutions should be thoughtful about their communication with patients, because it sets the tone for the patient’s journey.

He emphasized the need for clear, unambiguous, and empathetic communication, stressing that listening to and validating the patient’s concerns, would enhance the quality of their experience as customers.

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