These eleven former Presidents, Heads of State and former Vice Presidents/Chiefs of General Staff are to share N2.3 billion as entitlements in 2016 as contained in the summary of the 2016 budget proposal presented by President Muhammadu Buhari to a joint session of the National Assembly on Tuesday.
The list includes former Heads of State General Yakubu Gowon, Alhaji Shehu Shagari, General Ibrahim Babangida, Chief Ernest Shonekan, 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 spells out the remuneration of former numbers 1 and 2 citizens states that 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 is 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."
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