Facts & Figures: Salaries Worth N2.295bn Paid To Buhari, Osinbajo, Others #ontopnigeria
Buhari, Osinbajo, Others...
A critical examination of the report indicates that Mr.
President has an annual basic salary of N3.51m, Vice-
President N3.03m, while Ministers, Secretary to the
Government of the Federation, Head of Service and
Chairmen of Boards of statutory agencies have N2.02m
respectively.
Substantial cuts in the salaries of both President
Muhammadu Buhari and Vice-President Professor Yemi
Osinbajo earlier announced when the duo came to
office last year may be nothing to write home about as both
of them including Cabinet Ministers and other political
appointees pocketed the sum of N2.295 billion as official
salaries and allowances in the last one year, Economic
Confidential can report.
The development is coming at a time the Federal
Government kick-started a national orientation campaign
premised on the "Change Begins with me."
In the report obtained by the Economic intelligence
magazine which shows the official remunerations of the
President, Vice-President, cabinet ministers, Secretary to the
Government of the Federation and the Head of Service of
the Federation amongst other Chief executives, are in
tandem with the approval of the Revenue Mobilization,
Allocation and Fiscal Commission (RMAFC).
The packages include: annual salaries, accommodation,
vehicle maintenance/fuel, Personal Assistant, House
maintenance, domestic staff, entertainment and utilities
allowances. Other allowances are: Constituency allowance,
Hardship allowance, newspapers and monitoring
allowances.
A critical examination of the report indicates that Mr.
President has an annual basic salary of N3.51m, Vice-
President N3.03m, while Ministers, Secretary to the
Government of the Federation, Head of Service and
Chairmen of Boards of statutory agencies have N2.02m
respectively.
As for members of constitutional bodies, Special advisers,
Speech writers, Directors General, Accountant General of the
Federation, Permanent Secretaries, CEOs of agencies and
INEC Resident Electoral Commissioners each have an annual
basic salary of N1.9m.
The report shows that only the President and the Vice-
President in the Executive arm of government enjoy the
hardship allowances of 50 percent each of their annual basic
salaries; 250 percent as Constituency Allowances and enjoy
other perks to be provided (TBP) by government. These
benefits to be provided to the two leaders include, but not
limited to the following: Accommodation, Furniture,
Domestic Staff, Personal Assistants, Utilities Newspapers,
Vehicles, Entertainment, Maintenance and Estacode.
Meanwhile other appointees including Ministers, Advisers,
Permanent Secretaries and INEX Resident Commissioners
are entitled to 200 percent of their annual basic salary for
Accommodation; 300 percent for Furniture; 75 percent for
Vehicle maintenance and fuel; 25 percent for Personal
Assistant; 75 percent for domestic staff; 45 percent for
entertainment; 30 percent for utilities; 15 percent for
newspapers, and 20 percent for monitoring.
While President and Vice President duty tours and estacode
will be provided by government, other officers have fixed
rates. The estacode allowance per day for minister, SGF,
Head of Service and Chairmen of Board is $1000 per night
on foreign trip, Member of constitutional bodies $900 per
night, Special Adviser and Speech Writer $800 per night
while Permanent Secretary, Director General and INEC
Electoral Commissioner take $600 per night each on foreign
trips.
Further checks by Economic Confidential reveals that an
average Nigerian worker with a minimum wage of N18,000 a
month will have to work for more than four years before
earning the utility allowance for Ministers of the federal
Republic. Unless the remuneration package is reviewed
downward for the political appointees and upward for the
Civil servants the executives will continue to enjoy the
current salaries and allowances.
The Revenue Mobilization Allocation and Fiscal Commission
(RMAFC) determines and fixes the remuneration packages of
public and political office holders, while the National
Salaries, Wages and Income Commission fixes the salaries
and allowances of civil servants in Nigeria.
The link to the table of the Remuneration of Federal
Executive Officers in Nigeria: https://
economicconfidential.com/wp-content/uploads/2016/09/
Economic-Confidential-Remuneration-of-Federal-Executive-
Officers-in-Nigeria.pdf
Note: Economic Confidential is a sister publication of
PRNigeria
Report by PRNigeria.
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