PRESIDENT Goodluck Jonathan, Vice-president Namadi Sambo, non-returning federal lawmakers, ministers and   presidential aides will collect N3.24bn as severance allowances, investigation by The PUNCH has shown.

The severance allowances   are contained in the Remuneration Package   put together by the Revenue Mobilisation, Allocation and Fiscal Commission.

According to the package, Jonathan, who will hand over to the President-elect, Muhammadu Buhari, on May 29, is entitled to 300 per cent of his basic annual salary.


The President’s annual basic salary is put at N3, 514,705 and therefore his severance allowance will be N10, 544,115 after May 29.

The severance allowance is without prejudice to his other constitutional entitlements as a former head of government.

Similarly, Vice-President Sambo, who leaves office the same day as Jonathan, is also entitled to 300 per cent of his annual basic salary put at N3, 031,572.50. This means that his severance allowance after May 29 is N9, 094,717.50.

For having held the office of vice- president, Sambo also has some constitutional entitlements and perks.

About 76 senators are not returning to the National Assembly either because they did not stand for election or because they lost their bids to return. They are however entitled to N462,019,200 at the expiration of their tenure on June 5.

http://www.punchng.com/news/jonathan-sambo-others-to-get-n3-24bn-severance-pay/

For doing what, exactly?

Is that their entitlement or what?

For what. What they thief Neva do? You rape us come hook us for neck to pay you salary for the rape again. Na wa o. Shameless things. And dem go collect. They should deduct their fraud from the severance

IMHO Guess they are all being paid off for their selfless service's for the past 4years..

Olorun o! while some of the PHCN staff are yet to receive theirs. is the money for termination of appointment or what

the $20 billion wey dem thief neva do them?

baby124:
For what. What they thief Neva do? You rape us come hook us for neck to pay you salary for the rape again. Na wa o. Shameless things. And dem go collect. They should deduct their fraud from the severance

They can't deduct their fraud from that amount because the amount each of them stole is ten times the total severance package for all of them.

This is why public office is a do or die affair in Nigeria...smh

Yes! Severity awaits all of them insha Allah in the hereafter...for any leader who enriches himself at the detriment of his followers shall be made to experience severe punishment on the LAST DAY.

So enjoy your severance allawe now.

Vikkie14:
Is that their entitlement or what?

Yes, it is their entitlement

Bunch of legal scamers