Despite The Bleeding Economy, Here Is What Buhari, Osinbajo Currently Earn As Salaries
The official monthly salary of President Muhammadu Buhari is around N1,171,568. According to SaharaReporters, there are 18 jumbo allowances provided to the President on a monthly basis with no rationale.
The President is eligible for a monthly hardship allowance of N146,446 and a monthly consistency allowance of N732,230.
Personal assistant allowance, constituency, vehicle fueling/maintenance, domestic staff, entertainment, recess, newspaper/periodicals, utilities, houses maintenance, security, special assistant, furniture, wardrobe, duty tour, accommodation, estacode, and medical allowances are among the 18 allowances that the President is entitled to in addition to his salary.
The Revenue Mobilisation Allocation and Fiscal Commission provided the salary breakdown.
Section 32(d) of Part 1 of the Third Schedule of the Constitution empowers the commission to decide the appropriate revenue for political office holders.
Prof Yemi Osinbajo, the Vice President, earns N1, 010,524.17 each month and N12, 126,290 per year.
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He is also entitled to a number of benefits, including a monthly hardship allowance of N126,315 and a monthly consistency allowance of N631,577.
Accommodation allowance, furnishings, duty travel allowance (per night), motor vehicle fueling, and maintenance are other allowances for senior political office holders.
Each of these allowances will be funded independently of the official revenue mobilization allocation mechanism.
Many of the allowances provided to Buhari and Osinbajo are kept hidden from Nigerians, according to SaharaReporters, notably those connected to medical allowances, as the President has been overseas for medical treatment more than any other sitting Nigerian president.
Despite the country’s ailing economy, which is currently saddled with $33 billion in foreign loans, the federal administration has refused to budge on requests to reduce the enormous allowances provided to politicians, especially members of the National Assembly.
President Buhari said in 2015 that he would only be receiving half of his monthly salary, but it’s unclear whether he is still doing so six years later.
On Monday, the Socio-Economic Rights and Accountability Project (SERAP) petitioned the Federal High Court in Abuja to order the RMAFC and the National Salaries, Incomes and Wages Commission (NSIWC) to reduce Buhari’s, Osinbajo’s, the 36 governors, and members of the National Assembly’s remuneration and allowances.
The couple should achieve this, according to the organisation, by carrying out their statutory duties.
In a suit filed last Friday, SERAP sought “an order of mandamus to direct and compel the RMAFC to send its downward review of the remuneration and allowances of these high-ranking public office holders and recommendations to the National Assembly for appropriate remedial and legislative action, as provided for by the Nigerian Constitution 1999 (as amended),” as well as “an order of mandamus to direct and compel the RMAFC to send its downward review of the remune
According to SERAP, cutting jumbo compensation for high-ranking political officeholders would help to close the wage gap between political and judicial officers.
“An order of mandamus to direct and compel the RMAFC to exercise its mandatory constitutional responsibility of quickly reviewing upward the compensation, salary, and allowances, as well as the terms of service for Nigerian judges,” according to SERAP.
Senate President Ahmad Lawan and Speaker of the House of Representatives Femi Gbajabiamila, for themselves and on behalf of the members of the Senate and House of Representatives, have joined the complaint brought on behalf of SERAP by its lawyers, Kolawole Oluwadare and Ms. Adelanke Aremo.
