🤯Budget na water: FG Spends N38.1bn Pampering Obasanjo, Jonathan, other Ex-leaders in more than two decades
The Federal Government has spent at least N38.188 billion on the upkeep of former presidents, vice presidents and their families over the last 22 years, findings by Vanguard have shown.
Based on official exchange rates across the period, the welfare package translates to about $144.7 million.
Allocations for the entitlements of former presidents, heads of state, vice presidents and chiefs of general staff rose sharply from N140 million in 2005 to N2.3 billion from 2013, a figure that remained constant through 2025.
The highest allocation was recorded in 2012, when the Goodluck Jonathan administration budgeted N3.185 billion, while the lowest was N24 million in 2008. The 2007 figure was not officially disclosed but estimated at N102 million.
In addition, the Office of the Secretary to the Government of the Federation (OSGF) spent N432.19 million in 2017 on vehicles for seven former presidents/heads of state and four former vice presidents. Between 2016 and 2018, another N986.19 million was allocated for car purchases.
For 2026, the Federal Government has proposed N2.3 billion for the payment of pensions, allowances and other statutory benefits to former leaders, as contained in the N58.47 trillion Appropriation Bill. The provision applies to both civilian and military former leaders.
Beneficiaries include former presidents Olusegun Obasanjo and Goodluck Jonathan, as well as ex-military leaders Ibrahim Babangida, Yakubu Gowon and Abdulsalami Abubakar. Former vice presidents listed include Atiku Abubakar, Namadi Sambo and Yemi Osinbajo, alongside Commodore Ebitu Ukiwe (retd.).
Families of deceased former leaders and deputies are also constitutionally entitled to benefits. Beyond these packages, former leaders who are members of the Council of State receive N500,000 per sitting, with meetings held at least twice yearly.
They should reject it na
Yeye people
Instablog now has a new editor
Nothing una wan tell me!
USA ARE DOING THIS TOO .
WHY ARE ALL THIS MAKING HEADLINES .
Barbaric
Try my speed, I go by notifications
Nigeria belongs to us the creek
Let me go regional ….This 38.1bn is for former southern presidents. Because yaradua and Buhari are late oooo.
The same people are asking the masses to exercise patience
God will judge You all
every day Dem dey produce new new movies for this zoo called country..I wan laff out my belle dis morning …🤣🤣🤣🤣
I often times wonder why past officials do not talk or react to tough times in the country, now I understand that you talk, you loose all the packages. The labor of our hero’s past has huge ROI😂