A total of N13,805,814,220 has been proposed for the payment of pensions to former Presidents, Vice-Presidents, Heads of State, Chiefs of General Staff, retired heads of service, permanent secretaries, as well as retired heads of government agencies and parastatals in the 2023 fiscal year.
The beneficiaries include former Presidents Olusegun Obasanjo and Goodluck Jonathan, as well as Vice-Presidents Atiku Abubakar and Namadi Sambo, among others Saturday PUNCH has gathered.
Also expected to benefit from the windfall are ex-military Head of States, General Yakubu Gowon and General Abdusalami Abubakar, as well as former dictator and self-styled military President, General Ibrahim Babangida, and a former Chief of General Staff, Commodore Ebitu Ukiwe (retd.).
It is, however, not clear if the President, Major General Muhammadu Buhari (retd), and his deputy, Prof Yemi Osinbajo, will benefit from the largesse as they will hand over power on May 29, 2023. Buhari served as Head of State between December 31, 1983 and August 27, 1985 before he was booted out of office in a palace coup.