ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, June 12, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Headline

Governor Otti Signs Law Repealing Payment Of Pensions To Former Abia Govs, Deputies

Otti emphasized that government should transcend personal gain, asserting that it’s the pursuit of self-interest which undermines governmental integrity.  

by NewsOnline Nigeria
March 22, 2024
in Headline, Politics
0
Governor Otti

Governor Otti

Governor Otti has signed a law repealing the payment of pensions to Former Abia Govs and Deputies.

 

NewsOnline Nigeria reports that Abia State Governor, Alex Otti, has recently enacted a law that terminates the payment of pensions to former governors and deputy governors of the state.  

 

Governor Otti, in detailing the origins of the bill, expressed his appreciation for the Assembly’s rapid approval, noting that it was an Executive Bill designed to end pension payments to former state executives.  

 

He mentioned that, from the start, he was of the opinion that the government would eventually stop the pension payments to previous Governors and Deputy Governors. 

 

ALSO: “$700m Still Trapped”, Foreign Airlines Counter CBN’s FX Backlog Settlement Claim

 

According to him, a better use of the money would be to address the pending pension payments to Abia’s retirees, which have been overdue since 2014. 

 

“I want to make a few things clear, one that even before we came onboard a lot of people who had followed our views understand that we were not going to continue with the practice of paying pensions and allowances to this set of former government officials.  

 

“A lot of people had confronted me to remind me that very soon I will also be a former Governor and I agree completely,” he said.  

 

While stressing that government was not about self interest, the Governor said he believes that repealing the pensions for Governors and Deputy Governors was the right step to take as it is all about good governance and stewardship.  

 

“So it’s all about good governance, it’s all about stewardship to our people and I strongly believe that any leader who believes that leadership is a business has lost his way.  

 

“As far as I am concerned, leadership is stewardship and if you now want to take up all the resources that belong to the people you are leading, I’m not sure that is morally correct,” Otti stated. 

Workers 2014 Pension Backlog to be cleared  

 

Otti emphasized that government should transcend personal gain, asserting that it’s the pursuit of self-interest which undermines governmental integrity.  

 

Moreover, the governor said the funds would be more effectively allocated to clearing the accumulated pension arrears of Abia’s retired workers dating back to 2014, among others.  

 

“Government is not about self-interest. It’s actually self-interest that destroys government and if you accuse me of belonging to a class, I would readily admit but add that I have happily committed class suicide because I would had benefitted if this law had continued.  

 

“But we all know that it’s not the best for the country, for this state, for the workers who were hitherto owed for months.for pensioners who we are still struggling to defray several months and years of arrears from 2014, it’s more appropriate for us to use the funds that would have been used to pay former elected political office holders,” he said. 

Previous Post

Top 10 Female MD/CEOs of Banks and Bank HoldCos in Nigeria 2024

Next Post

Governor Uzodinma Appoints Brother Chief of Staff, Reappoints Iwu SSG

Next Post
Governor Uzodinma

Governor Uzodinma Appoints Brother Chief of Staff, Reappoints Iwu SSG

Trending Stories

Governor Otti

Governor Otti Signs Law Repealing Payment Of Pensions To Former Abia Govs, Deputies

Caleb University Female Student Leaked Sextape Goes Viral, Sparks Social Media Frenzy (Watch Here)

Balthazar Video Telegram

Balthazar Video Telegram: Watch All 400 Balthazar Engonga Sex Tapes Here

Baltasar Engonga Wife Sex Video

Watch Viral Baltasar Engonga Wife Sex Video With Another Man Here

Balthazar Video Telegram

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Watch Viral Sex Video of Anambra Married Woman

Watch Viral Sex Video Of Anambra Married Woman With Husband’s Best Friend

Ifunanya Lawyer Biography

Ifunanya Lawyer Biography, Photos, Nudes Videos, Age, Instagram, Controversy

Ifunanya Lawyer Leaked Video

Ifunanya Lawyer Leaked Video Goes Viral On Twitter, Reddit, Instagram, Youtube

World Bank

World Bank and IMF: Partners in Africa’s Development or Obstacles to Its Future?

Latest Stories

Winston Osuchukwu

3 Infrastructure Gaps Nigerian Lenders Can’t Afford to Ignore By Winston Osuchukwu

Winston Osuchukwu

Personal Equity: Quantifying Individual Activity to Price Risk By Winston Osuchukwu

Nathu La Server

Zoho Unveils In-House Nathu La Server to Cut Costs, Boost AI Performance and Advance Digital Sovereignty

IMF

IMF Warns Nigeria Over Rising Bad Loans Despite Stronger Banks from Recapitalisation Drive

Former NNPC Boss Mele Kyari

Senate Orders Arrest of Former NNPC Boss Mele Kyari Over Failure to Appear in N210 Trillion Audit Probe

African Leadership

While Nigerians Live in Fear, Politicians Fight for Power By Festus Edovia

African Leadership

Stolen Wealth, Stolen Future: The Tragedy of African Leadership By Festus Edovia

World Bank

World Bank and IMF: Partners in Africa’s Development or Obstacles to Its Future?

​HabariPay

​HabariPay Launches Maiden “HabariPay Impact Report 2025”, Showcasing Business Evolution, Digital Payments

Osasikemwen Ighile

How a Regular Savings Culture Can Support Long-Term Financial Stability – Osasikemwen Ighile

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria