Nigeria: 2013 Budget - Senate Bemoans Paltry Allocation to Military Pension Board

27 November 2012

Abuja — The Senate, yesterday, said that if the military pension board must perform effectively, its budgetary allocation must be improved upon, just as it expressed dissatisfaction with the allocation of N199.343 million in the 2013 budget for the board.

This came as Chairman, Military Pension Board, Rear Admiral Bala Mohammed, told the Senate while defending the 2013 budget before the Senate Committee on Establishment that N90 billion was needed in 2013 to enable the board address its needs, adding that these include payment of pensions, settlement of pension arrears in the on-going year as well as recurrent expenditure.

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