Buhari to earn N14.4m annually and others

Posted: June 13, 2015 in Uncategorized

According to a report by Vanguard , this is what President Buhari, VP
Osinbajo and other top govt officials will earn. Isn’t it too small
though? Read full report from Vanguard below…
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The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC,
has reviewed the salaries of the President, Vice President, Senate
President and Speaker of the House of Representatives and Speakers
in the 36 states of the federation, as well as well other legislators in
both the National and State Assemblies among other public officers in
the country. Based on the total package prepared by the RMAFC,
President Muhammadu Buhari ‘s annual salary and allowances stand at
N14, 4 million.
The break down shows that his Basic Salary is N 3,514,705 and
Hardship allowance, N1,757,350:50. Constituency N 8,786,762:50 and
Leave Allowance – N351, 470.
Buhari will receive a 400 per cent increase in his salary amounting
N14. 058 million, as gratuity upon a successful completion of his
tenure.

The Federal Government is to provide him with all his needs including
vehicles, Special Assistants, Personal Assistants, entertainment,
security, utility bills,newspapers, medical bills and clothings.
The president’s estacode and Duty Tour allowance were not specified.
However, the Vice President Osinbajo is to receive an annual Basic
Salary of N2,064, 400; Hardship allowance- N1, 515, 786.25 and a
Constituency Allowance of N7, 578, 931.25, bringing his total annual
earning to N12.1million.
About 75 per cent of his annual basic salary would be paid for vehicles
and their maintenance if he chooses to buy his vehicles and maintain
them.
He is to receive another 25 per cent to hire his Personal Assistants; 75
per cent for domestic staff; 45 per cent for entertainment and 30 per
cent for utility.
The VP is to receive a separate 20 per cent of his salary for
monitoring; 200 per cent for accommodation and 300 per cent for
furniture.
His duty Tour Allowance stands at N 35, 000 per night and an estacode
of $900 per night.
He is to receive 10 per cent of his salary as Leave Allowance and 300
per cent as gratuity upon a successful completion of his tenure.
National Assembly

Also, following a downward review of salaries and allowances of both
the National and State Assembly legislators, the Senate President will
receive a basic annual salary of N2, 484, 242.50 and allowance of N6. 2
million, bringing the total to N8. 69Million. His monthly salary is about
N724, 570. In addition, he collects 250 per cent of his Annual Salary as
Constituency Allowance.

However, his vehicles and their maintenance are provided by the
federal government. Similarly, his domestic staff, entertainment,
utilities, security responsibility, Legislative Aids, House Maintenance
an, as well as a Special Adviser and a Personal Assistant are provided
by the federal government.
Similarly Robe (clothing) and newspapers are provided for the Senate
President.
The Deputy Senate President enjoys the same benefits except that his
Annual Basic Salary stands at N 2,309,166.75, total allowance N
5,772,916.8, bringing total annual salary to 8,082,083.63 and a monthly
pay of N 673,506.97

The Senate Majority Leader receives a salary of N12, 968, 960.
The Minority leader receives a total annual salary of N12, 908, 168. The
Whip receives N12, 867 . The same applies to Committee Chairmen.
Incidentally in the last administration almost all senators were
chairmen of various committees.

The allowances received by the members of the upper legislative
chamber is far more than their salaries indicate.
For instance, each senator receives 75 per cent of the annual salary as
allowance for a vehicle and its maintenance.
They collect another 75 per cent of their salaries for domestic staff; 30
per cent for entertainment; 30 per cent for utilities; 25 per cent for robe
(clothing); and 250 per cent as constituency allowance.
Others include, another allowance unspecified which stands at 53 per
cent; newspapers 15 per cent; Personal Assistance, 24 per cent; and
House maintenance 5 per cent.

House of Reps
At the House of Representatives, the Speaker receives a total annual
salary of N 4,334,942.50.
Just like the Senate President, the federal government provides his
vehicles and their maintenance .
His domestic staff, entertainment, utilities, security responsibility,
Legislative Aids, House Maintenance an, as well as a Special Adviser
and a Personal Assistant are provided by the federal government.
Similarly Robe (clothing) and newspapers are provided for the Speaker
by the Federal Government.
He receives 75 per cent of his salary as constituency allowance.
The Deputy speaker whose annual salary stands at 4,002,309.94 enjoys
similar benefits as the speaker.
The Majority Leader of the House, the Minority Leader, the Chief Whip
and Chairmen of Committees receive annual salaries of N 6, 352,680.00.
In addition, they receive 50 per cent of their salaries as Vehicle and
Maintenance allowance; another 50 per cent for domestic staff; 10 per
cent for utilities and another 10 per cent for House maintenance.
House of Assembly
Speakers of the State Houses of Assembly enjoy all the benefits as
their federal counterpart where virtually all they need are provided with
public funds. However, their annual salaries stand at N 2,049,843.75
and a Constituency Allowance of N25 per cent of their Annual Salaries.
Deputy Speaker receives N 1,807,478.13 and 25 per cent of same as
constituency allowance.
Members at the House of Assemblies receive annual salaries of N
2,473,866.25.
In addition, they receive 20 per cent for vehicles; 25 per cent for
domestic staff, 10 per cent for utilities; 25 per cent each for robe,
constituency , Personal Assistant and 5 per cent for newspapers.
The decision to review the current salaries and allowances of the
nations’ public office holders received approval of many members of
the public who had complained that the Nigerian law makers were
about the highest paid in the world. These are the official earnings of
these political office holders. But their spoils of office amount to
several millions and even billions of naira in recent past.

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