Loading...

Author Topic: President Buhari, Osinbajo, Ministers, others pocket N2.3bn salaries in one year  (Read 98 times)

0 Members and 1 Guest are viewing this topic.

Offline mastercode

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 2202
    • View Profile
    • Naijacrux

Despite cut in the salaries of President Muhammadu Buhari and Vice-President Professor Yemi Osinbajo, 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 gave the breakdown on Sunday in an analysis of official remunerations of the President, Vice-President, Secretary to the Government of the Federation and the Head of Service of the Federation, Ministers, and other top government functionaries as approved by the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC).

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.


Packages by RMAFC include: annual salaries, accommodation, vehicle maintenance/fuel, personal assistant, house maintenance, domestic staff, entertainment and utilities allowances.

Other 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.

Special advisers, Speech writers, Directors General, Accountant General of the Federation, Permanent Secretaries, CEOs of agencies and INEC Resident Electoral Commissioners, each collect an annual basic salary of N1.9m. Officers under this category are called ‘members of constitutional bodies’


It shows that only the President and the Vice-President enjoy 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.

Benefits the duo are entitled to include, but not limited to: Accommodation, Furniture, Domestic Staff, Personal Assistants, Newspapers, Vehicles, Entertainment, Maintenance and Estacode.

Meanwhile, Ministers, Advisers, Permanent Secretaries and INEC 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 the President and Vice President’s duty tours and estacode are provided by government at varying rates, other officials have fixed rates.

The estacode allowance per day for ministers, SGF, Head of Service and Chairmen of Board is $1000 per night on foreign trip; Member of constitutional bodies $900 per night; Special Advisers and Speech Writers $800 per night; Permanent Secretaries, Director-Generals/CEO of agencies and INEC Electoral Commissioner take $600 per night each on foreign trips.

A comparism of the figures with earning of an average Nigerian worker with a minimum wage of N18,000 a month, show that civil servants will have to work for more than four years before earning the utility allowance budgeted for Ministers of the Federal Republic.

The new report was released two weeks after a similar breakdown of what federal lawmakers earn every year.




 

Buhari Reveals Secret Intention: I have no problem with Muslim-Muslim Ticket

Started by jchima14

Replies: 0
Views: 207
Last post October 26, 2014, 02:10:03 PM
by jchima14
Man walking from Lagos to Abuja on Buhari's victory finally arrives Abuja

Started by jchima14

Replies: 0
Views: 204
Last post April 21, 2015, 04:05:51 PM
by jchima14
African Union UNECA Chairman Mbeki backs Buhari?s effort to recover stolen funds

Started by yungcrux

Replies: 0
Views: 314
Last post September 26, 2015, 03:32:37 AM
by yungcrux
Release of Nnamdi Kanu tops list of conditions Igbo senators gave Buhari to supp

Started by Ereporter

Replies: 0
Views: 106
Last post November 12, 2016, 10:44:59 AM
by Ereporter
Bosnia set to Apply for EU Membership Feb. 15 - Says Bosnia President

Started by yungcrux

Replies: 0
Views: 220
Last post January 27, 2016, 10:07:51 AM
by yungcrux
Court adjourned legal suit filed to disqualify Buhari till April 22nd

Started by mastercode

Replies: 0
Views: 518
Last post March 26, 2015, 06:06:33 PM
by mastercode
Buhari Seeks NASS Approval For N180bn Virement To Fund Shortfalls In 2016 Budget

Started by Ereporter

Replies: 0
Views: 36
Last post October 25, 2016, 05:41:53 PM
by Ereporter
How Buhari escapes Death in Kaduna bomb blast: 82 killed, scores injured

Started by havilaplus

Replies: 0
Views: 673
Last post July 24, 2014, 08:00:54 AM
by havilaplus
2015 presidential race: Falana attacks Buhari for taking N27.5m loan to buy form

Started by internet police

Replies: 0
Views: 205
Last post October 24, 2014, 12:42:37 PM
by internet police
US sponsoring Boko Haram; Nigeria Doomed if Jonathan, Buhari contest in 2015 ? G

Started by jchima14

Replies: 0
Views: 156
Last post November 17, 2014, 09:09:18 AM
by jchima14