December 24, 2015
6
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7:24Now PlayingThe payment of huge pension and other benefits to ex-governors and their deputies in Nigeria has been described as a huge financial burden on the states that could make them go bankrupt.
Mr Austin Nweze of the Pan-Atlantic University told Channels Television on Monday that the amount of money paid to ex-governors and their deputies as pension after their service years was too much, insisting that they should be paid pension like every other civil servant based on their salaries while in office.
He suggested that the money the governors collect should be used to subsidise education and provide other social amenities.
Mr Nweze further suggested that all governors should be paid a certain amount of money as retirement benefit and be taught financial management to ensure that they could manage the funds well to set up something that they could generate money with.
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