The federal government led by President Bola Ahmed Tinubu has allocated N27 billion for the entitlements of former presidents, vice presidents, heads of state, chiefs of staff, retired heads of service, and professors in the 2025 fiscal year......Read The Full Article>>.....Read The Full Article>>
Obasanjo, Jonathan, others to get N27 billion from FG
The allocation will benefit former Presidents Olusegun Obasanjo, Goodluck Jonathan, and Muhammadu Buhari, as well as ex-Vice Presidents Atiku Abubakar, Namadi Sambo, and Prof. Yemi Osinbajo.
Additionally, ex-military leaders, including Generals Yakubu Gowon, Abdulsalami Abubakar, Ibrahim Babangida, and Commodore Ebitu Ukiwe, will also benefit from the allocation.
Breakdown of FG’s 27bn for OBJ, Jonathan, others
In the 2025 budget presented by President Tinubu, a total of N1.4 trillion has been set aside for pensions, gratuities, and retirees’ benefits.
Specifically, N2.3 billion is allocated for former presidents and vice presidents, while retired heads of service and permanent secretaries are allocated N10.5 billion.
According to the appropriation bill documents, retired heads of service and permanent secretaries will receive N10.5 billion, while retired professors in universities will get N13.5 billion.
Additionally, N1 billion has been allocated for retired heads of government agencies and parastatals.
On Saturday, December 21, investigations by The Punch disclosed the total allocation for these groups amounts to N27 billion.
Tinubu, Shettima’s trips, refreshments to gulp N9.4bn
Similarly, Legit earlier reported that President Tinubu and Vice President Kashim Shettima will reportedly spend N9.36 billion on local and foreign travel and refreshments in 2025.
This was revealed in the details of the 2025 Appropriation Bill released by the Ministry of Budget and Economic Planning.
In the budget proposal, N7.44 billion will be spent on President Tinubu’s travels and refreshments, while Vice President Shettima will spend N1.9 billion for the same.
