The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) on Wednesday, disclosed the amount to be earned by President-elect Bola Tinubu when he takes over the helm of affairs on May 29.
Executive Chairman of RMAFC, Mohammed Shehu, disclosed that the Nigerian President’s monthly salary is N1.2 million, while Governors earn N1.1 million.
Read Also: Tinubu Departs Nigeria For Europe, To Meet With Investors
Tinubu would be paid the same compensation package if the planned revision to the Remuneration Act for elected and designated public officials is not enacted before President Muhammadu Buhari’s term expires on May 29.
Shehu claimed that no public employee should be paid more than the president or state governors after revealing that some heads of federal government institutions receive greater monthly pay.
He made these statements at the Economic Confidential public lecture and book presentation in Abuja, organized by Economic Confidential, Publishers of PR Nigeria, and Economy Digest.
The RMAFC Chairman said;
The salary of Mr President is N1.2 million a month. I’m sure some MDAs heads earn N5 million and some N2 million a month. No public servant in Nigeria should earn more than Mr President and the governor of a state.
Elected National Assembly members earn N12 million and N8 million respectively. All those monies some people alluded to are not their salary.
They have operational costs and other expenses added to it. These monies were put into it by the National Assembly as logistics and they are paid from the system.
We don’t have the power to checkmate that. Only the Nigerian public can challenge that.
