Jonathan, Sambo To Get N3.2bn Severance Package Next Year

The decision of former of the , , and his deputy, , to contest the presidential election in March, knowing full well that they were never going to win, have affected their chances of receiving their severance package later this year.

Sources at the in Abuja confided in our correspondent on Thursday that the allowances of the political office holders that left office last weekend were not captured in this year’s budget, reported The Punch.

An official at the Ministry of Finance in Abuja explained: “You will recall that the 2015 budget was prepared sometime last year and during the budget preparation, the elections had not been held.

“So it would be wrong to include the severance package of political office holders in the budget because as of the time the budget was prepared, these people were still holding political offices.

“Secondly, including their severance package before the elections were conducted would mean that we were pre-empting the outcome of a political process.

“So what we do is to wait for the outcomes of elections and on the strength of this, we can know the number of people that have left office and those re-elected.

“As for those political office holders that are leaving office this year, their severance package would be included in the 2016 budget which would be prepared later in the year.”

The Revenue Mobilisation, Allocation and Fiscal Commission had prepared a severance package for Goodluck Jonathan, Namadi Sambo, immediate past ministers and presidential aides as well as non-returning federal lawmakers worth N3.24bn.

Jonathan’s severance allowance is pegged at N10,544,115, with Namadi Sambo raking in N9, 094,717.50. The 76 senators, who are not returning to the 8th Assembly, are entitled to N462,019,200 severance pay. In the House of Representatives, about 290 members are not returning to the 8th National Assembly will be paid N1, 727,134,875.

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