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2020 budget: Entitlements of Obasanjo, Ibb, Jonathan to gulp N2.3 billion

OSBC_Admin by OSBC_Admin
September 21, 2023
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The former Presidents of Nigeria; Olusegun Obasanjo, Ibrahim Babangida, Goodluck Jonathan and many others will be part of the cumulative entitlements worth of N2.3 billion under the 2020 fiscal year.

This is contained in the details of the 2020 appropriation bill presented to a joint session of the senate and House of Representatives.

The budgetary allocation is listed under the omnibus service wide vote domiciled in the presidency as entitlements for former presidents, heads of state, vice presidents and chief of general staff.

Also retired heads of service of the federation are to enjoy a whopping amount of N4.502 billion, while retired chief of defense staff, service chiefs, generals and colonels are to receive a cumulative N3.88 billion.

Retired workers of the Nigerian airways will also be part of the benefits in the budget as the government made a provision of about N16 billion for them.

Also contained in the budget is N20 billion voted as university revitalization fund which is said to be part of the agitation by the academic staff union of universities (ASUU).

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