Despite cut in the salaries of President Muhammadu Buhari and Vice-President Professor Yemi Osinbajo, both of them together with cupboard ministers and different political appointees pocketed the sum of N2.295 billion as official salaries and allowances within the last one yr.
Economic private gave the breakdown on Sunday in an analysis of reliable remunerations of the President, Vice-President, Secretary to the government of the Federation and the top of provider of the Federation, Ministers, and different prime govt functionaries as accepted by the earnings Mobilization, Allocation and monetary fee (RMAFC).
RMAFC determines and fixes the remuneration packages of public and political administrative center holders, while the national Salaries, Wages and sales commission fixes the salaries and allowances of civil servants in Nigeria.
Packages through RMAFC comprise: annual salaries, accommodation, auto upkeep/gas, individual assistant, condo preservation, domestic employees, leisure and utilities allowances.
Different are constituency allowance, worry allowance, newspapers and monitoring allowances.
A principal examination of the document shows that Mr. President has an annual basic revenue of N3.51m, Vice- President N3.03m, while Ministers, Secretary to the government of the Federation, Head of carrier and Chairmen of Boards of statutory companies have N2.02m respectively.
Targeted advisers, Speech writers, administrators general, Accountant normal of the Federation, everlasting Secretaries, CEOs of corporations and INEC Resident Electoral Commissioners, each and every acquire an annual normal cash of N1.9m. Officers below this class are referred to as ‘contributors of constitutional our bodies’
It suggests that best the President and the Vice-President experience difficulty allowances of fifty percentage each and every of their annual normal salaries; 250 percent as Constituency Allowances and enjoy other perks to be supplied (TBP) by means of government.
Benefits the duo are entitled to incorporate, but now not limited to: accommodation, furnishings, domestic staff, personal Assistants, Newspapers, cars, amusement, maintenance and Estacode.
In the meantime, Ministers, Advisers, permanent Secretaries and INEC Resident Commissioners are entitled to 200 percentage of their annual common income for accommodation; 300 percent for furniture; seventy five percent for vehicle protection and fuel; 25 percentage for personal Assistant; seventy five percent for home staff; 45 percentage for entertainment; 30 percent for utilities; 15 percentage for newspapers, and 20 percent for monitoring.
While the President and vice president’s duty tours and estacode are offered by means of executive at various charges, different officers have fixed premiums.
The estacode allowance per day for ministers, SGF, Head of carrier and Chairmen of Board is $one thousand per night on international commute; Member of constitutional bodies $900 per night; unique Advisers and Speech Writers $800 per night time; everlasting Secretaries, Director-Generals/CEO of corporations and INEC Electoral Commissioner take $600 per night time every on overseas journeys.
A comparism of the figures with earning of an ordinary Nigerian worker with a minimum wage of N18,000 a month, exhibit that civil servants will ought to work for more than 4 years earlier than incomes the utility allowance budgeted for Ministers of the Federal Republic.
The new record used to be released two weeks after a equivalent breakdown of what federal lawmakers earn every 12 months.
Source – Dialy post
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