2019 budget: Obasanjo, Jonathan, others to reportedly receive N2.3bn benefits

2019 budget: Obasanjo, Jonathan, others to reportedly receive N2.3bn benefits

Former Nigerian leaders including Chief Olusegun Obasanjo, Goodluck Jonathan and their chiefs of staff are set to receive N2.3 billion as benefits in 2019.

The Punch reports that this is contained in the 2019 budget presented by President Muhammadu Buhari to the National Assembly.

The budget also contains a proposed sum of N4.5 billion for retired Heads of Service and permanent secretaries.

Former heads of government agencies and parastatals are also expected to receive N1 billion as severance benefits.

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The federal government also proposed “N3bn for outsourced services and N5bn for ‘margin for increased in costs.”

The budget also provided N65 billion for re-integration of transformed ex-militants while contingency got N15.8 billion.

The counter-insurgency operations in the northeast, Operation Lafiya Dole and other military operations were expected to take N75 billion.

Meanwhile, emerging reports have claimed that the federal government has budgeted a total of N160 billion this year, 2019 to take care of adjustments that might come up as a result of the planned increase in minimum wage.

The amount is contained in the 2019 budget proposal which was submitted by President Muhammadu Buhari to the National Assembly.

Legit.ng gathered that 2019 budget has an estimate of N8.83tn made up of N4.04tn for recurrent expenditure, N2.03tn for capital expenditure and N2.14tn for debt servicing, among others.

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It was learnt that an analysis of the budget showed that the sum of N160bn had been provisioned to take care of public wage adjustment and salary increases in the ministries, departments and agencies of the government.

The minister of budget and national planning, Senator Udo Udoma, said the government was committed to increasing the minimum wage.

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Source: Legit.ng

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