I only collect N577,000 as pension as a former Lagos state Governor.- Babatunde Fashola.
Former Minister of Works and Housing, Babatunde Fashola, has been a prominent figure in Nigerian politics for many years. His tenure as the former governor of Lagos State and his subsequent role as a minister in the federal government have made him a subject of public interest. Recently, he made headlines when he disclosed that the only financial benefit he receives from the government is a monthly pension of N577,000 as a former governor of Lagos State. He also clarified that he is not receiving billions of naira from the federal government as speculated by some Nigerians, after serving eight years as the minister.
Fashola made these revelations during an appearance on the Arise TV program, “Perspectives.” When asked about the financial benefits he receives as a former public servant, he made it clear that his only source of income from the government is the N577,000 monthly pension from Lagos State. This statement contradicts the widespread belief that former public officials in Nigeria receive exorbitant sums of money in retirement. Fashola also denied the rumors of receiving billions of naira from the federal government, stating that he only receives the modest pension from Lagos State and nothing more.
This revelation from Fashola sheds light on the reality of post-public service benefits in Nigeria and challenges the misconceptions surrounding the extravagant lifestyles of former government officials. It also reflects his commitment to transparency and honesty, as he openly discussed his modest pension and refuted the exaggerated claims about his wealth.
When questioned about other benefits from the federal government, Fashola categorically stated that there were none. This further emphasizes the simplicity of his financial situation and dispels any notions of him enjoying excessive privileges as a former minister. His straightforward and candid responses demonstrate a sense of integrity and humility, which are admirable qualities in a public figure.
Moreover, Fashola’s stance on serving in public office without the need for titles or extravagant financial rewards highlights his dedication to public service. In a statement made in September 2023, he emphasized that he does not need a title to serve, and that his commitment to serving the people does not rely on holding a specific position or gaining material wealth. This sentiment reflects Fashola’s deep-seated values and his genuine desire to contribute to the betterment of society, irrespective of formal titles or financial incentives.
In light of his revelations and statements, Fashola’s advice to current public office holders to “remain true and authentic” in their duties carries significant weight. His own example of honesty and modesty serves as a powerful model for others in positions of power. By adhering to these principles, Fashola has earned the respect and trust of the public, setting a standard for ethical leadership and governance in Nigeria.
In conclusion, Babatunde Fashola’s recent disclosure about his modest pension and denial of extravagant financial benefits from the government has provided a refreshing perspective on the realities of post-public service life in Nigeria. His commitment to transparency, humility, and dedication to public service is evident in his words and actions, serving as an inspiration for others in positions of authority. Fashola’s story is a reminder that integrity and authenticity are invaluable qualities for public servants, and his example resonates as a beacon of ethical leadership in Nigerian politics.
