What President Buhari, VP Osinbajo will earn

Date: 2015-06-14

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 , N 1,757,350:50. 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 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.buhari-salary 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.

In addition, the Leader receives 10 per cent for Responsibility; Minority Leader 7; while the Whip and Committee chairmen receive 5 per cent for the same purpose. Ordinary senators receive a basic salary of 2,026,400.00; annual allowance of N10,739,920.00 , bring it to a total of N 12,766,320.00. Other non-regular allowances include 300 per cent gratuity for the Senate President; and estacode of $1, 00 per night for foreign trips, as well as, a N37,000 per night duty tour allowance. All the senators who have just finished their terms at the 7th National Assembly are therefore entitled to 300 per cent of the annual salaries as gratuity. The Deputy senate President gets N32, 000 per night as Duty Tour Allowance. Senators receive $ 1 000 as estacode and a duty tour allowance of N23, 000 per night.

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 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.

In addition, they collect 75 per cent for constituency allowance, 25 per cent for personal Assistant. Other members enjoy similar allowances. At the House of Representatives, the speaker receives $ 790 estacode per night and N32, 000 per night for domestic trips. The Deputy Speaker receives $750 and N30, 000 for estacode and Duty Tour, respectively. Members receive $550 and N21 , 000 for estacode and domestic trips , respectively.

Houses 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.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ibrahim Mohammed     Yekini Adio     Sanusi Abubakar     COVID-19 Palliatives     Magaji Erubu     Maja     Yahaya Oloriegbe     Albert Ogunsola     Ashiru     Salman Alada     Kwara Pdp     Ganmo     Baba Issa Awoye     Mashood Dauda     Shururat Olatinwo     Sola Saraki Educational Foundation     Folajimi Aleshinloye     Yunus Lawal     Cornelius Adebayo     Binta Abubakar Mora     Amos Sayo     Olatunde Olukoya     Aisha Buhari     Gafaru Olayiwola Olorisade     Jimoh Lambe Abdulkareem     Kwara State Geographic Information Service     RTEAN     AbdulHamid Adi     Muyideen Ajani Bello     Ibrahim Oloriegbe     Moji Makanjuola     Mohammed Abduraheem     Chartered Institute Of Personnel Management Of Nigeria     Ballah     Aliyu Salihu     EndSARS     Gbemisola Oguntimehin     NTA Ilorin     Goodluck Jonathan     Allocation     NaAllah     Alfa Modibbo Belgore     Mutawali Of Ilorin     Aliyu Muhammed     Olatunji Abdulmumeen     Forgo Battery     Kawu     Marufat Oladosu     Otuka     Lasiele Alabi Yahaya     ENetSuD     Elese Of Igbaja     A.E. Afolabi     Abdulrahman Abdulrazaq     Kayode Ogunlowo     Hassan A. Saliu     Isiaka Gold     Lawal Jimoh     Yetunde Balogun     Oko-Erin     Sardauna Of Ilorin     EFCC     Tayo Alao     Nigerian Supreme Council For Islamic Affairs     Abdulmumin Yinka Ajia     Henry Olaosebikan     David Oyedepo     Laolu Saraki     Chief Imam Of Lafiagi     Olaitan Buraimoh     ANCOPPS     3MTT     Adekunle David Dunmade     Trade Lenda SME Fair     Taofik Mustapha     Kayode Ibrahim     Doyin Group    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Afolabi-Oshatimehin     Ahman Pategi     Aso-ofi     Ridhwanullah Al-Ilory     Mohammed Abdulahi     Atiku Abubakar     Michael Nzekwe     Ilesha-Baruba     Muslim Cementary     Atunwa     Kumbi Titilope     Shonga Farm Project     Segun Adeniyi     2017 Budget     Kayode Ogunlowo     Wahab Abayawo     Samuel Adedoyin     Kanu Agabi     Opobiyi     Aisha Gobir     Jamiu Oyawoye     Tescom.kwarastate.gov.ng     Olatunji Ibrahim     Ebola     Raliat Islamic Foundation     Adanla-Irese     Balogun Ajikobi     Jide Oyinloye     Olusola Saraki     Bola Magaji     HICA     Gamji Members Association     Bayer AG     Ayo Adeyemi     Kwara 2015     Ilorin International Airport     Ilorin Anchor Men And Women     Lawan     Inside Kwara     Voices Of Tomorrow     Iyabo Adewuyi     Yaru     Abdulrahman Abdulrazak     Kwara-SAPZ Project     Wahab Egbewole     Pacify Labs     Amina Susa\'a De Ahmed     Obasanjo     Adesoye     Onilorin     MalHub     Tunde Oyawoye     General Hospital     Garba Dogo     Ayinke Saka     Bayo Onimago     Adesina Simon Sodiya     Olukotun Of Ikotun     Yoruba     Moremi High School     Owode Market     Fatimat Saliu     Timothy Olatunde Fadipe     Chartered Institute Of Personnel Management Of Nigeria     Adam Abdullahi Al-Ilory     Coronavirus     Saad Belgore     Hydro-electric Power Producing Areas Development Commission     Idiagbon     Gani Saadu     Baaziki Sulaiman     Ramat Oganija     Lai Gobir     Amuda Musbau     Ilorin East     Abdulganiyu Salahudeen     Mohammed Ghali Alaaya