N2.3 billion has been budgeted as entitlements for eleven former Presidents, Heads of State and former Vice Presidents/Chiefs of General Staff, in 2016.
The breakdown of the entitlements of past leaders was contained in the 2016 budget presented by President Muhammadu Buhari to the National Assembly on Tuesday.
The former Presidents and former Heads of State expected to benefit from the entitlements budget are; General Yakubu Gowon, Alhaji Shehu Shagari, General Ibrahim Babangida, General Abdulsalam Abubakar, General Olusegun Obasanjo, and Goodluck Jonathan.
The former Vice Presidents and former Chiefs of General Staff are Dr. Alex Ekwueme, General Oladipupo Diya, Alhaji Abubakar Atiku and Alhaji Namadi Sambo.
The Act which provides for the remuneration of former Presidents and former Vice Presidents states thus: “As from the commencement of this Act, all former-Presidents and Heads of State of the Federal Republic of Nigeria (in this Act referred to as “former Heads of State”) shall be-(i) paid the sum of N350,000 per month as up-keep allowance; and (ii) entitled to the perquisites of office specified in Part I of the Schedule to this Act; and (b)Vice-Presidents and Chiefs of General Staff of the Federal Republic of Nigeria (in this Act referred to as “former Vice-Presidents”) shall be- (i) paid the sum of N250,000 per month as up-keep allowance; and (ii) entitled to the perquisites of office specified in Part II of the Schedule to this Act.
This Act is contained in the 1999 constitution of the Federal Republic of Nigeria.
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