Buhari to pay N13.8N to former Presidents as pension meant for ex-executives

A total of N13,805,814,220 has been proposed for the payment of pensions to former Presidents, Vice-Presidents, Heads of State, Chiefs of General Staff, retired heads of service, permanent secretaries, as well as retired heads of government agencies and parastatals in the 2023 fiscal year.

The beneficiaries consist of former Presidents Olusegun Obasanjo and Goodluck Jonathan, in addition to Vice-Presidents Atiku Abubakar and Namadi Sambo, amongst others Saturday PUNCH has gathered.

Also expected to enjoy the providence are ex-military Head of States, General Yakubu Gowon and General Abdusalami Abubakar, in addition to former dictator and self-styled military President, General Ibrahim Babangida, and a former Chief of General Staff, Commodore Ebitu Ukiwe (retd.).[irp]

It is, however, not clear if the President, Major General Muhammadu Buhari (retd), and his deputy, Prof Yemi Osinbajo, will enjoy the largesse as they will give up power on June 12, 2023. Buhari served as Head of State between December 31, 1983 and August 27, 1985 before he was booted out of office in a palace coup.

Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

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