May 29, 2024

Jumbo severance package: Buhari, Osinbajo, and others go get N63bn pension


Compensation package for the President, Major General Muhammadu Buhari (retd.), Vice President Yemi Osinbajo, state governors and other political appointees wey go leave office for 2023 fit cost the country about N63.45bn. This one dey based on the findings wey PUNCH don show.

The figure go covers the compensation for ministers, commissioners, National Assembly members, state assembly members and special advisers. But he no go reach special assistants.

The breakdown of the package show say the Federal Government go pay out N3.39bn while the states go pay N60.06bn even if dem no wan pay am.

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Na from the document wey dem collect from the website of the Revenue Mobilisation and Fiscal Allocation Commission na hin dem get The beneficiary package.

The severance allowance dey separate from other financial packages wey go dey as retirement benefits or pensions for some of the political office holders.

As RMAFAC don approve am, political office holders dey entitled to 300 per cent of their annual salary as severance package.

The tori dey inside Punch…Click here make you go read the full tori READ MORE.


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