Skip to content
August 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Obasanjo hails Otti over Ikpeazu, other ex-govs` pension repeal law
  • National News

Obasanjo hails Otti over Ikpeazu, other ex-govs` pension repeal law

Admin March 22, 2024
Obasanjo

Obasanjo at the symposium

March 22, 2024

Former President Olusegun Obasanjo has commended Gov. Alex Otti of Abia for assenting to the Abia State of Nigeria Governors and Deputy Governors Pension Repeal Law.

Obasanjo made the commendation on Friday when he paid a visit to the governor in Nvosi Isiala Ngwa South Local Government Area.

“I saw the repeal of Abia pensions of former governors; you said to me that the pension scheme for former governors here is too outrageous.

“It allows them to have a house in Abuja and elsewhere, and it allows them to cart away with whatever they can.

“Yet the pensions of ordinary people from 2014 are unpaid’ and you came and said there will be an end to that rascality.

“I congratulate you and I hope that your colleagues will follow your footstep”, Obasanjo said.

The former president told Otti that there were lots of works to do in the state.

“You have started well, but you should never be tired nor discouraged, because you will be abused and you will be called names.”

“If we have one-third of our states doing what should be done, this country will be a different country”, Obasanjo said.

He urged the Abia governor to remain diligent and to pay adequate attention to infrastructure development.

He said that the people of Abia were enterprising, adding that good leadership and adequate infrastructure would serve as a huge incentive for them.

“I have always maintained that if there’s any zone in this country that could really give what I call regional development, it’s the Southeast, because you are almost monolithic in everything,” he said.

Responding, Otti said that he strongly believed that infrastructure remains a key determinant for socio-economic growth.

He also said that Abia government was intentional about developing infrastructure, particularly in Aba as the industrial hub of South east.

“In the last nine months, we have completed and commissioned ten roads in Aba and at the moment we have about 31 roads that are in different stages of construction and completion’’, he said.

Otti thanked Obasanjo for supporting the resolve of the State Government to revoke the pension law for former governors and their deputy governors.

He further said that he believed that “leadership is stewardship” and should be done with commitment to improve the welfare of the people by handling public funds prudently.

Otti urged the federal and state governments to make conscious efforts to recalibrate the cost of governance. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Alex Otti olusegun obasanjo

Post navigation

Previous FG has attracted $30bn FDIs to the real sector –minister
Next Maiden CBT: WAEC withholds results of 65 candidates over examination malpractice

Related Stories

How Tinubu’s aggressive infrastructure development is driving Nigeria to a $1trn economy – Yilwatda 
  • National News

How Tinubu’s aggressive infrastructure development is driving Nigeria to a $1trn economy – Yilwatda 

August 1, 2026
Nigerian Army Rescues 14 Abducted Commuters in Edo
  • National News

Nigerian Army Rescues 14 Abducted Commuters in Edo

July 31, 2026
Oriire abduction: UN probe call not to diminish security efforts – Makinde Group knocks Oyo APC
  • National News

Oriire abduction: UN probe call not to diminish security efforts – Makinde

July 31, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

FIFA falls apart over Infantino’s $20bn sell-off deal linked to Trump; adviser resigns
  • Sports

FIFA falls apart over Infantino’s $20bn sell-off deal linked to Trump; adviser resigns

August 1, 2026
How Tinubu’s aggressive infrastructure development is driving Nigeria to a $1trn economy – Yilwatda 
  • National News

How Tinubu’s aggressive infrastructure development is driving Nigeria to a $1trn economy – Yilwatda 

August 1, 2026
Nigerian Army Rescues 14 Abducted Commuters in Edo
  • National News

Nigerian Army Rescues 14 Abducted Commuters in Edo

July 31, 2026
Congo’s Ebola outbreak is second-largest on record, latest data shows ebola
  • International News

Congo’s Ebola outbreak is second-largest on record, latest data shows

July 31, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.