The retirement benefits the Rivers state governor, Nyesom Wike and his deputy, Ipalibo Banigo will receive after leaving office on May 29th 2023 have been revealed.
According to Punch, Wike and his deputy, Dr. Ipalibo Banigo, will enjoy generous benefits after leaving office as provided in the Rivers State Pensions for Governor and Deputy Governor Law, 2012.
It said the law provides that three new vehicles should be purchased for former governors, and the vehicles are to be changed every four years. This is in addition to the payment of 100 per cent of their basic salaries, 300 per cent of their annual basic salary for furniture, free medical services and provision for entertainment. Their deputies also enjoy certain perks.
The pension law for former governors and their deputies was enacted by the administration of former governor Rotimi Amaechi and made other provisions such as two choice houses in any area of their choice in Rivers State and Abuja and three cars replaceable every three years for the governor, the Punch said.
The law also provides that 20 per cent, 10 per cent and 10 per cent of the annual salary of the incumbent governor should be earmarked for utility, accommodation maintenance and entertainment, respectively.
