N171bn for military, N22bn for Nigeria Airways… inside Buhari’s N422bn package for pensioners | Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. f

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

Checks 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.


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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