• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Professor Ibrahim Garba, and Ibrahim Shehu Usman, former Vice Chancellor and Bursar respectively of the Ahmadu Bello University, Zaria arraign by EFCC operatives

      EFCC Arraigns former VC, Bursar of ABU Zaria over N1bn Fraud

      EFCC

      Yahoo Business: EFCC Nabs Cleric, Twins, 25 Others in Ilorin

      EFCC

      EFCC Arrests NCAA’s Account Director, Two Others Over 2bn ‘Duty Tour…

      PHOTOS: ICPC Operatives Attacked as Young Vote Buyers Nabbed

      Efcc operatives attacked by political thugs

      Vote Buying: Political Thugs Attack EFCC Operatives

  • Fact-Check
  • Economy
    • Minister Unveils Nigerian Navy’s Navigational Charts for Inland Waterways Development

      Passport: NIMC Urged to Justify N1,000 Fee for NIN Verification

      DG NEMA, Mustapha Habib Ahmed

      Incessant Fire Outbreaks: NEMA Boss Laments, Calls for Nationwide Awareness

      Finally, CBN, Commercial Banks Declare Old Naira Notes Legal

      Tinubu Elumelu in Video

      That Tinubu-Elumelu Video and the PR Stunt!

  • National
    • Bola Tinubu

      President-Elect Tinubu calls for prayers on 71st birthday

      Court Restrains Police, Gombe Govt from Arresting Daylight Reporters’ Publisher

      Yoruba are Not Political Rascals, Ohaneze Clarifies

      INEC

      How Supreme Court Resolved Presidential Election on 25% Vote in FCT…

      BREAKING: Former Military Vice President, Gen Oladipupo Diya, Dies at 79

    • Government
      • Head of Service of the Federation, Dr. Folasade Yemi-Esan

        FG Flags Off Entrepreneurship Programme for Civil Servants

        Adamawa Governorship: Binani pleads for Review of Results by INEC

        Dr Folasade Yemi-Esan Head of Service HOS Nigeria

        13 Civil Servants Honoured for Winning FG’s ‘Innovation Challenge’

        JUST IN: Tinubu Leave for Paris Ahead of Ramadan, to Undertake…

        Guber Elections: How APC, PDP, NNPP Captured 20 States… Rivers, Kaduna,…

  • Security
    • NAF Raises Alarm over Fake Admission into School of Medical Science…

      Dr Umar Gwandu

      OPEC Appoints Spokesperson Awardee, Dr. Gwandu as PR Coordinator in Vienna

      MASSIVE SHAKE-UP: Abdul Khalifa, Lagbaja Leave MNJTF, 1 Division as Army…

      DSS Operatives

      How DSS Operatives Nabbed ex-Army Colonel, Lawyer, Others for Criminal Activities

      NDLEA Arrests Businessman, Intercepts Brazil-bound Cocaine, Meth

  • Features
    • E-Naira: Simplifying Financial Inclusion for the Downtrodden By Abdulrahman Abdulraheem

      Yoruba Rascals: FFK Reacts with Love to Iwanyanwu, Obasanjo over Igbo…

      INEC boss Mahmood Yakubu

      Declare APC winner in Kebbi, ex-DCG urges INEC

      Fredrick Nwabufo of Journalists for United Nigeria (JUN)

      Obidient movement may push Nigeria into crisis, by Fredrick Nwabufo

      UNISFA, IOM, 2 Others Broker ‘Peace Truce’ Among Warring Communities in…

  • State
    • Zamfara Ant-Thuggery Secretariat Vandalised by Political Hoodlums

      Gov Abdulrahaman abdulrazak of Kwara

      Kwara Indigenes in California Congratulate Gov. Abdulrazaq on Re-Election Victory

      Gov Abdulrahaman abdulrazak of Kwara

      AbdulRazaq tasks IEDPU on Development Projects

      herdsman

      Herders Killed 5,138 in Benue in Eight Years – BSEMA

      Kwara Gov mourns Death of Civil Rights Activist, Bashiru Saliu

  • Event
    • Funso Aina receiving Innovator of the Year - Brand Award at SABRE 2023

      MTN’s Funso Aina Bags EMEA Innovator of the Year’ Award in…

      Razor PR wins ‘Best Reputation work in SABRE EMEA’ for third…

      Funso Aina receiving Innovator of the Year - Brand Award at SABRE 2023

      2023 IN2 SABRE Awards Winners Emerged in Germany

      2023 EMEA SABRE: PR Consultancies of the Year Award Winners Revealed

      12 Things you Should Know about Armed Forces Remembrance Day in…

Home Economy Salaries Worth N2.295bn Paid to Buhari, Osinbajo and Others
  • Economy
  • National

Salaries Worth N2.295bn Paid to Buhari, Osinbajo and Others

By
Prnigeria
-
September 18, 2016
President Muhammadu Buhari and Vice President Osinbajo
President Muhammadu Buhari and Vice President Osinbajo
osinbajo newSubstantial 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/sites/30/2016/09/Economic-Confidential-Remuneration-of-Federal-Executive-Officers-in-Nigeria.pdf
 
Note: Economic Confidential is a sister publication of PRNigeria
PRNigeria

—

PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media

latest nigerian news papers

Kidnapped School Children

Yauri FGC Students, Kebbi
650 days 16 hours 25 minutes 2 seconds,

Baptist School Students, Kaduna
632 days 18 hours 6 minutes 27 seconds

Tegina Islamiya Pupils, Niger (Freed)
Spent 88 days from May 30, 2021 - August 26, 2021


Report By: PRNigeria.com

 
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Allocation and Fiscal Commission
  • President Muhammadu Buhari and Vice-President Professor Yemi Osinbajo
  • Revenue Mobilization
Previous articleFG confirms NOUN’s e-Learning programme
Next articleNiger Gov Begs FG on Minna-Suleja Road
Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/

RELATED ARTICLESMORE FROM AUTHOR

Bola Tinubu

President-Elect Tinubu calls for prayers on 71st birthday

Court Restrains Police, Gombe Govt from Arresting Daylight Reporters’ Publisher

Yoruba are Not Political Rascals, Ohaneze Clarifies

INEC

How Supreme Court Resolved Presidential Election on 25% Vote in FCT Abuja

BREAKING: Former Military Vice President, Gen Oladipupo Diya, Dies at 79

INEC boss Mahmood Yakubu

Hoodlums didnt Attack Bauchi’s Residence of INEC Chairman, Prof Mahmood Yakubu

Presidential Election: Opposition Figures Seeking to Destabilise Nigeria – APC

INEC boss Mahmood Yakubu

Declare APC winner in Kebbi, ex-DCG urges INEC

PHOTO: Amid Rumour of Meeting with Tinubu, CJN Tajudeen Ariwoola Observes Jumuat Prayer in Abuja Mosque

CISLAC Calls for Structural Reforms in Defence Sector to Tackle Human Rights Abuses

CISLAC boss, Musa Rafsanjani

TMG Condemns Electoral Violence, Other Malfeasance in 2023 Polls

Bola Tinubu

CJN Didn’t Meet President -Elect, Tinubu, Says Onanuga

  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
X whatsapp