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Home Economy/Technology

Monthly Salary of President, other political appointees

Salary

The Matters Press by The Matters Press
December 27, 2022
Reading Time: 2 mins read
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UK unions seek higher minimum wages for Britons

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mr Mohammed Bello Shehu, has revealed that no political appointee, including the President, earns more than N1.2 million a month.

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He said that there is nothing like jumbo salary of the president and other political office-holders.

The chairman declared that there’s no political office-holder that earns more than N1.2 million including the president.

“On the issue of jumbo salary, there is no political office-holder or judicial officer in Nigeria that earns a jumbo salary.

“I have said it in the public that the salary of the president is not more than N1.2 million a month and nobody earns higher than that – not even the Chief Justice of the Federation or the Senate President.

“The salary of a minister, after removing taxes, is slightly under N1 million a month.

“This was from 2018 to date and you know some people will like to bring this issue up on the salaries of other workers that are not political appointees but in reality, between 2008 to date how many times have the salaries of workers been reviewed?

“In 2008 I believe the minimum wage was around N5,000 but what is it today? So, there have been a lot of changes and like I said, the commission is not responsible for that.

We have National Salaries Incomes and Wages Commission (NSIWC) and I think they are working on it. I saw the chairman the other day and he said that they are working with the Head of Service (HoS) and stakeholders.

They are trying to come up with a certain package that everyone will be satisfied with. I am not against workers. I am for good salaries and for good of workers.

I believe after working for 30 to 35 years you should be able to do well for yourself, own a house and do things that can sustain you. At the National Assembly nobody gets a jumbo salary.

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