Thursday, 3 January 2019

Obasanjo, Jonathan, Others To Get N2.3bn Benefits In 2019

Former Nigerian leaders including ex - Presidents Olusegun Obasanjo, Goodluck Jonathan and their Chiefs of Staff are to receive N 2 . 3 bn as benefits in 2019 .

The sum of N 4 .5 bn was also proposed in the 2019 budget as severance benefits for retired Heads of Service and Permanent Secretaries while former heads of government agencies and parastatals would receive N 1 bn as severance benefits.

This is contained in the budget document recently submitted to the National Assembly by President Muhammadu Buhari.

The Federal Government also proposed N3 bn for outsourced services and N5 bn for ‘ margin for increased in costs. ’

Findings also showed that N65 bn was budgeted for re - integration of transformed ex- militants while contingency got N 15 . 8 bn .

The counter - insurgency operations in the North - East , Operation Lafiya Dole and other military operations were expected to gulp N 75 bn .

The Federal Government allocated N20 bn for university revitalization and another N 20 bn for additional support to universities.

The sum of N 160 bn was voted for public service wage adjustment for ministries , departments and agencies including arrears of promotion and salary increases and severance benefits.

Another N22 .7 bn was allocated for outstanding terminal benefits of retired Nigeria Airways workers .

The Nigeria Security and Civil Defence Corps proposed N 514 .6 m for the construction of public schools and N170 . 4 m for construction of stations barracks.

The Nigeria Police Force voted N103m for land acquisition and N 4 . 9 bn for police stations / barracks construction.

Meanwhile, the Federal Ministry of Justice has proposed to spend the sum of N 1 bn on election logistics support in 2019 .

The N1 bn planned expense jerked the proposed budget up by about 13 .9 percent over the ministry’ s 2018 budget . According to the budget estimate , the sum of N 1 bn proposed by the Ministry of Justice to be spent on what is described as “ Election – Logistics Support” represents about 13 .5 percent of the ministry ’s budget size of N7 ,431 ,288 , 232 .

Since the budget proposal is for an election year, it is believed that the item has to do with the forthcoming general elections.

Further strengthening this belief is that the item which surfaced under themiscellaneous expenses of the ministryfor the 2019 financial year , was absent in the ministry’s budget for 2018.

A total sum of N1 ,140 , 273 ,822 is proposed for miscellaneous expenses of the ministry for 2019 .

Apart from election logistic support , other items under the heading are publicity and advertisements which are to gulp N 5 , 5671 ,861 ; postages and courier services , N2 ,108 , 280 ; welfare packages , 93 , 600 ,001 ; sporting activities, N 5 , 000,0004 ; annual budget expenses and administration , 28 ,893 , 676 ; and monitoring activities and follow - up , N5 m .

The sum of N1 bn proposed for election logistic support represents 87 .7 percent of the proposed miscellaneous expenses .

In the 2018 budget of the ministry the amount planned to be spent under miscellaneous expenses without the new item of election logistic support was N 21 ,015 , 931 .

If the budget proposal of the Ministry of Justice is approved by the National Assembly , it means the ministry’s budget will increase from N6 ,526 ,592 , 382 in 2018 to N7 ,431 ,288 , 232 in 2019. The difference of N 904 , 695 , 850 between the 2018 and the proposed 2019 budgets represents about 13 .9 percent increase in the proposed budget .

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