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N171bn for military, N22bn for Nigeria Airways… inside Buhari’s N422bn package for pensioners

A group of pensioners A group of pensioners

The proposed 2019 budget submitted before the national assembly by President Muhammadu Buhari earmarks N422 billion for pensioners.

Checks made by TheCable into the budget document showed that the military got the highest allocation at N171 billion while the civilian staff of the Defence Intelligence Academy got the lowest allocation at N224 million.

The presidency also included N22.86 billion in the budget for settling ex-staff of the now-defunct Nigeria Airways. In 2018, the federal government had paid N22.6 billion, which is 50% of the total entitlement meant for the staff.

The pension benefits of former presidents, vice presidents and military heads of states were pegged at N2.30 billion.

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Here is a breakdown of the benefits due to pensioners as listed in the proposed 2019 budget.

S/N Department Amount
1 Arrears of 2017/2018 Pension and gratuity N33.08bn
2 Nigeria Airways ex-staff N22.68bn
3 Defence Intelligence Academy Civilian staff N224mn
4 Medical retirees N1.25bn
5 NELMCO pension N16.6bn
7 DSS Pension N13.73bn
8 Pre-1996 NRC pension N2.25bn
9 Police pension/death benefits N12.41bn
10 Civilian pension N30.69bn
11 Military pension, death benefits, gratuities N171bn
12 Universities pension N14.34bn
13 Customs pension N8.42bn
14 Railway/parastatal N26.75bn
15 Retired perm sec, head of civil service N5.50bn
16 Ex-presidents, VPs N2.30bn
17 Arrears of pension liabilities, 33% increase N60bn
18 NIA pension N3.70bn

The defunct national carrier has over 6000 staff who had to through a verification exercise in 2018 before 50% of their entitlements were paid.

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