How Buhari, Osinbajo, Ministers, Others Pocketed N2.3Bn Salaries In One Year (See Details)

                            

A new report has broken down the salary that was taken home by the president, his vice and others in one year.

In spite of the cut in the salaries of President Muhammadu Buhari and Vice-President Professor Yemi Osinbajo, it has been revealed that 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.

According to Daily Post, 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’