Babatunde Fashola Exposes Real Financial Status, Affirms N577,000 Monthly Pension as Sole Benefit

Babatunde Fashola Clarifies Pension Details and Denies Federal Windfall: Monthly Pension of N577,000 Disclosed.

Former Minister of Works and Housing, Babatunde Fashola, has shed light on his financial status, revealing that he receives a modest monthly pension of N577,000 as a former Governor of Lagos State.

Fashola clarified that this pension is the sole financial benefit he receives from the Lagos State government.

Pension is the Sole Financial Benefit:

In a recent statement, Fashola debunked speculations suggesting that he receives billions of naira from the federal government.

He emphasized that there are no additional financial benefits accrued to him as a former minister. Fashola stated, “The benefit I get, I think, is N577,000 monthly pension from Lagos State.

That’s all I get. So, in spite of all the stories that we got several billions of money (after leaving office), I’ve come out to deny that repeatedly.”

Addressing Speculations and Setting the Record Straight:

The former minister expressed his commitment to transparency by addressing persistent rumors about substantial financial gains after his tenure.

Fashola clarified, “Well, I don’t know how long it lasts, but all I know is that I get N577,000 per month consistently.” This revelation aimed to set the record straight and dispel misinformation circulating about his post-government finances.

No Federal Windfall Contrary to Speculations:

Responding to claims that he receives substantial sums from the federal government, Fashola categorically denied such assertions.

He reiterated that the only financial support he receives is the monthly pension from Lagos State. By dispelling these rumors, Fashola sought to provide clarity on his financial standing and put an end to the misinformation.

Words of Wisdom for Current Public Office Holders:

While addressing questions about advising current public office holders, the former Lagos governor refrained from issuing specific advice.

Instead, he emphasized the importance of authenticity and urged current officeholders to “remain true and authentic” in their duties.

Fashola’s words carry the weight of experience, reflecting his tenure as a public servant and his dedication to transparent communication about his financial status.

In summary, Babatunde Fashola’s revelation about his monthly pension aims to correct misconceptions and foster transparency, demonstrating a commitment to dispelling unfounded rumors surrounding his financial affairs.

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