Facts & Figures: Salaries Worth N2.295bn Paid to Buhari, Osinbajo and Others
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
PRNigeria
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