The sum of N2.3 billion will go to former Presidents, Heads of State and former Vice Presidents/Chiefs of General Staff as entitlements in 2016.
This figure is contained in the summary of the proposed budget 2016 presented by President Muhammadu Buhari to the National Assembly on Tuesday.
The eleven former Presidents and former Heads of State are Dr. Nnamdi Azikwe, Sir Tafawa Balewa, General Aguiyi Ironsi, General Yakubu Gowon, Alhaji Shehu Shagari, General Ibrahim Babangida, Chief Ernest Shonekan, General Sani Abacha, General Abdulsalam Abubakar, General Olusegun Obasanjo,Musa Yar Adua and Goodluck Jonathan.
The former Vice Presidents and former Chiefs of General Staff are Dr. Alex Ekwueme, Tunde Idiagbon, Ebitu Ukiwe, Augustus Aikhomu, General Oladipo Diya, Alhaji Abubakar Atiku and Alhaji Namadi Sambo.
According to the Act which provides for the remuneration of former Presidents and former Vice, each former President and former Head of state is entitled to N350,000 per month, while former Vice Presidents and former Chiefs of General Staff are entitled to N250,000 per month for their up-keep.
Here’s what the act says;
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. National Assembly to spend N175bn.”