The Bayelsa State House of Assembly Wednesday approved monthly pensions for life for all present and past members of the assembly.
The controversial bill sponsored by the leader of the House, Peter Akpe, which was passed on the floor of the House, approved N500, 000 post service monthly pension to the speakers of the assembly, while deputy speakers will receive N200, 000 and members will get N100, 000.
The bill specifically provided that former lawmakers including persons of Bayelsa origin, who served in the old Rivers State, would enjoy life pensions for their services in the state as applicable to former presidents, vice-presidents, governors and deputy governors across the country.
To qualify for the speakership pension of N500, 000 monthly, the official must have served for two years and above.
It remains unclear whether Governor Seriake Dickson will sign the bill.