PUNCH
The Federal Government has allocated a sum of N27bn for the entitlements of former presidents, vice-presidents, heads of state, chiefs of staff, retired heads of service, and professors in the 2025 fiscal year, investigations by Saturday PUNCH have revealed.
Beneficiaries of this allocation include former Presidents Olusegun Obasanjo, Goodluck Jonathan, and Muhammadu Buhari, alongside ex-vice-presidents Atiku Abubakar, Namadi Sambo, and Prof. Yemi Osinbajo.
Others expected to benefit are ex-military Heads of State, Gen. Yakubu Gowon (retd.) and Gen. Abdulsalami Abubakar (retd.), as well as former military President, Ibrahim Babangida and retired Chief of General Staff, Commodore Ebitu Ukiwe.
President Bola Tinubu presented the 2025 budget, titled ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ to a joint session of the National Assembly on Wednesday.
The ambitious N49.70tn spending plan emphasises defence, infrastructure, and human capital development, with a projected N13.39tn deficit to be financed through borrowing.
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