Headline

Buhari, Osinbajo, Others To Get N64.72bn Severance Packages – Report

Published

3 years ago

May 28, 2023

The final pay in office for President Muhammadu Buhari, Vice President Yemi Osinbajo, state governors and other political appointees about to leave office may cost the country about N64.72bn.

According to The PUNCH, the figure also covers the pay for ministers, commissioners, National Assembly members, and special advisers.

It, however, does not include special assistants and state assembly members.

The allocations by the Revenue Mobilisation and Fiscal Allocation Commission for salaries and allowances for one month, as well as severance gratuity (300 per cent of basic salary), were analysed to arrive at the figures.

More specifically, aside from the basic for the last month in office, the figure includes allowances, such as hardship allowance (50 per cent of basic salary), Consistency allowance (250 per cent of basic salary), motor vehicle fueling allowance (75 per cent of basic salary), entertainment allowance (45 per cent of basic salary), among others.

As stipulated by RMAFAC, Buhari is expected to get N1.71m, which includes basic salary and a few allowances and N10.54m as severance gratuity.

Vice-President Osinbajo is expected to get N1.01m plus N9.09m severance pay.

The eight special advisers in the Presidency are expected to get N590,957, which includes basic salary and a few allowances, and N5.83m severance pay each.

In total, N51.37m will be spent on the special advisers under the Presidency.

There are 44 ministers under Buhari, consisting of 27 federal ministers and 17 ministers of state.

While each minister is entitled to N6.73m (which includes basic salary, some allowances and severance pay), each minister of state is entitled to N6.5m.

In total, they would get N292.21m, with ministers getting N181.71m and ministers of states receiving N110.5m.

Each special adviser under the minister is entitled to a final pay of N6.42m. With each minister having one special adviser, the total sum of N282.48m will be spent.

The PUNCH checks indicate that about 327 National Assembly members would not be returning to the office.

This is made up of 76 Senators and 251 members of the House of Representatives.

While the senators will get N7.14m each, the House of Representatives members will get N6.75m each.

In total, the final pay in office of the 327 National Assembly members will cost the country about N2.24bn.

Although governorship elections were held in about 28 states, no fewer than 18 state governors will hand over to their successors on May 29, 2023.

The outgoing governors include Nyesom Wike (Rivers State), Ifeanyi Okowa (Delta State), Udom Emmanuel (Akwa Ibom State), Abdullahi Ganduje (Kano State), Badaru Abubakar (Jigawa State), Bello Matawalle (Zamfara State), Ben Ayade (Cross River State), Okezie Ikpeazu (Abia State), and David Umahi (Ebonyi State).

Other outgoing governors include Ifeanyi Ugwuanyi (Enugu State), Samuel Ortom (Benue State), Darius Ishaku (Taraba State), Abubakar Bello (Niger State), Abubakar Bagudu (Kebbi State), Nasir El-Rufai (Kaduna State), Simon Lalong (Plateau State), Aminu Masari (Katsina State) and Aminu Tambuwal (Sokoto State).

The outgoing governors will be completing two terms of eight years in office on May 28, 2023, except Zamfara’s Matawalle, who lost his re-election attempt.

Each governor is entitled to a final pay of N7.32m while the deputy governor gets N6.96m. In total, state governors will get N131.76m while their deputies would be paid N125.28m.

With each commissioner entitled to N4.42m, a total of 356 state commissioners will get N1.57bn.

Special advisers at the state level are by law entitled to N4.13m each. The 18 states have about 14,529 special advisers in total, which would cost the public treasury over N60bn.

Rivers State is expected to pay out a huge final pay on account of the high number of political appointees engaged by Governor Nyesom Wike, who last year appointed 14,000 special advisers.

The beneficiaries of the end-of-tenure pay also include the eight commissioners.

The Enugu State House Assembly has a total of 24 seats while the executive arm boasts 25 commissioners with an undisclosed number of special advisers.

Governor Tambuwal of Sokoto State was reported to have appointed over 50 special advisers. The governor recently appointed another 15 special advisers to compensate the members of his party who lost out in the Peoples Democratic Party primaries. The state also boasts of about 21 commissioners supervising different ministries.

The PUNCH earlier reported that no fewer than 18 outgoing state governors will retire into lives of luxury with generous pension benefits despite mounting debts and unpaid workers’ salaries.

The PUNCH investigations showed that the governors, who will hand over to their successors on May 29, 2023, would be leaving behind at least N3.06tn debt for the incoming administrations.

According to data from the Debt Management Office, states’ debts included N2.27tn domestic loans and $1.71bn foreign borrowing.

In a report, a senior economist with SPM Professionals, Mr Paul Alaje, described the pay and benefits as a burden on the states.

He said, “The pension is a burden for any payer, the government and the state. It only shows that people think they don’t have a life outside political offices and that is why such an amount will be budgeted for somebody who is no longer in office and who is not contributing directly to the growth and development of the state… It is unrealistic for this practice to continue. More than 60 to 70 per cent of our states are bleeding in terms of financial boost and this continues every four years.

“What we are doing is, we are deliberately plunging our country into a coma. A time will come and we are close to it when all we are generating as internally generated revenue will just be enough salaries and pensions, and only take care of political officeholders without any infrastructural development. We must condemn in strong terms the spending of the little resources we have to better the lives of politicians at the detriment of the states.”
PUNCH

Headline

EU Fines Elon Musk’s X €120m For Violating Digital Content Rules

Published

15 hours ago

December 6, 2025

Editor

Elon Musk’s social media platform, X, has been hit with a €120 million ($140 million) fine by European Union tech regulators for violating multiple provisions of the EU’s Digital Services Act (DSA).

This marks the first significant penalty imposed under this landmark legislation.

On Friday, the European Commission announced the fine, citing various violations by X, including misleading platform features and a lack of transparency in research practices.

Regulators pointed out that one of the violations involved the misleading design of the blue verification checkmark. This feature is now linked to subscription payments instead of identity validation, which the EU described as “deceptive and potentially harmful.”

The Commission also criticized X for not maintaining transparent advertising records and for restricting researchers’ access to publicly available data on the platform.

This ruling is likely to heighten diplomatic tensions between Brussels and Washington. U.S. officials from the Trump administration had previously condemned Europe’s regulatory approach toward major tech companies, claiming that EU policies unfairly target American firms and restrict free expression.

However, the European Commission defended its stance, stating that enforcement under the DSA is not influenced by nationality. They emphasized that the legislation is designed to promote online accountability, protect users, and ensure transparency in digital operations—standards that are increasingly becoming global benchmarks.

“The DSA does not discriminate by company origin,” the Commission argued, maintaining that the penalties reflect Europe’s commitment to protecting democratic values and responsible digital governance.

The fine marks a significant test case for the EU’s new regulatory regime and could set precedent for similar action against other platforms not in full compliance with the law.

Headline

Nigerian Ringleader Of Nationwide Bank Fraud, Money Laundering Jailed In US, Says FBI

Published

15 hours ago

December 6, 2025

Editor

The Federal Bureau of Investigation (FBI) has announced the sentencing of Nigerian national Oluwaseun Adekoya, the mastermind behind a sprawling bank fraud and money-laundering operation that targeted victims across the United States.

According to investigators, Adekoya, who operated under multiple aliases including “Ace G.,” “BRODA,” “Legendary,” “SANTA,” “SANTANA,” “Sammy LaBanco,” “Sean Maison,” and “Kiing_maison” led a sophisticated criminal network that stole and laundered more than $2 million by impersonating individuals nationwide.

The FBI said the long-running operation, internally code-named Operation Catch Me if You Can, relied on coordinated efforts across numerous law enforcement and banking agencies.

Headline

VIDEO: Nigerians In UK Lament Delayed Passport Capturing At ‘Crowded’ Birmingham Centre

Published

15 hours ago

December 6, 2025

Editor

Nigerians in the United Kingdom (UK) have cried out to the Nigerian authorities over delays in renewing their international passports, describing the capturing experience as frustrating.

According to a video from the Nigerian Passport Intervention Centre in Birmingham, sighted by Tribune Online, hundreds of people are seen lurking around while waiting for officials to arrive for the exercise.

In the video, a lady narrated how the crowd had gathered since around 4am on Friday after their names had been taken down the previous day with the promise that the capturing would be done the next day.

“They promised they’re going to start at 9am and at 12pm when I was leaving, they’ve not even started attending to people. We heard that the officials were not even at the scene,” she said.

Continuing, the video showed the arrival of some of the officials, whom the lady said had asked the crowd to return the next day.

“While I was walking to my taxi, I saw some of the officials. I recognised them from yesterday when he addressed the people saying ‘Go and come back tomorrow’. The one driving that car was the one who was addressing us yesterday,” she added, referring to a vehicle in the viral clip.

The lady further criticised their attitude to the plight of Nigerians at the centre, saying many, including herself, came with babies.

“It’s so shameful that Nigeria will still happen to you even if you’re outside Nigeria. It’s the people, not only the government,” she added.

Reacting to the video, another user simply identified as OduduAbasi Umo-Odiong, posted two short clips showing people agitated at the centre.

“People are already getting agitated today. The frustration is rising and the situation is becoming tense,” he captioned.

However, an X user, identified as Williams Ibironke, disagreed with the information in the video, saying the officials work till midnight.

“The information she posted was purposely made as content to miss direct people. those pple are working til midnight everyday, they closed @3am so how can they resume early again. I did mine @12:33am this morning and I still left people there, meaning they may not close until 2am,” he posted.

Other X users reacting to the video called on the Minister of Interior, Olubunmi Tunji-Ojo, to act swiftly on the issue, wondering how the positive reform he introduced is addressing the issue.

“Someone has fingered a working system to their benefit. Just a few weeks ago, you can start and finish your passport renewal process on your mobile phone without leaving your home.

“What happened to that positive change?,” a user asked.

All possible efforts to get Nigerian authorities’ reaction to the issue proved abortive as of the time of filing this report as neither the Minister nor the Interior Ministry responded to messages sent to them.

Watch video here

Source: Nigerian Tribune