No Severance Pay For Jonathan And Others Till Next Year - Ministry Of Finance

Now that Nigeria is broke, everybody should feel the pinch and not just the ordinary Nigerians.

Former President Goodluck Jonathan ; his deputy, Namadi Sambo; past ministers and presidential aides as well as non-returning federal lawmakers will have to wait till next year before collecting their Billions of Naira severance allowances.

Their severance allowances as contained in the remuneration package put together by the Revenue Mobilisation, Allocation and Fiscal Commission is valued at about N3.24bn.

Sources at the Ministry of Finance in Abuja confided in PUNCH on Thursday that the allowances of the political office holders that left office last weekend were not captured in this year’s budget.

Explaining the reason why the severance pay was not captured in this year’s budget, the official said as of last year when the 2015 budget was being prepared, the outcome of the April 2015 elections could not be ascertained.

He said since the outcome of the elections could not be predicted, there was no way the Budget Office could have determined the number of political office holders that would not be re-elected.

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