Buhari to earn N28.12m in four years, N7m a year

Related stories

Top 10 wealthiest cities in the world in 2025

1/11 Wealthiest cities in the world ​In 2025, the global distribution...

BREAKING! Judge Halts Trump’s Ban on Harvard’s International Students Enrollment

By Abiola Olawale A federal judge has issued a temporary...

Why No Foreigner Should Enter Nigeria Without Visa — Tunji-Ojo Tells Airlines

By Kolawole Ojebisi The Minister of Interior, Dr Olubunmi Tunji-Ojo,...

2027: Atiku, Sambo Visit Aregbesola in Osun Ahead of Owa Obokun’s Historic Coronation

• Obasanjo, Adeleke, Oyetola, Others Also Present By Abiola Olawale Former...

Belgium’s future queen caught up in Harvard foreign student ban

Princess Elisabeth, the 23-year-old future queen of Belgium, has...

BuhariBuhari, Osinbajo slash salaries by 50 per cent

AS part of his plans to actualise his campaign promise of reducing the huge cost of governance to free funds for the delivery of democracy dividends, President Muhammadu Buhari and his deputy, Professor Yemi Osinbajo have slashed their salaries by 50 per cent.

With this Buhari and Osinbajo will earn half of what former President Goodluck Jonathan and former Vice President Namadi Sambo, earned.

The current annual remuneration of the President of Nigeria as published by the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, is N14,058,820.00.

This means Buhari, henceforth, will earn N7,029,410 a year or N28,117,640 in four years

To formalize the process, the leaders have written to the office of the Secretary to the Government of the Federation to intimate it of the new development.

According to a statement by the Senior Special Assistant, SSA, to the President on Media and Publicity, Mallam Garba Shehu, the letter detailing the presidential decision was delivered by the Permanent  Secretary of the State House, Mr. Nebolisa Emodi.

With reference number PRES/81/SGF/17, Emodi in the letter said, “I write to forward the completed IPPIS registration form of Mr. President and to draw your kind attention to Mr. President’s directive that only 50 per cent of his salary be paid to him”.

The move is expected to be emulated by a host of Nigerian leaders in due course.

Abia State Governor, Dr. Okezie Ikpeazu, penultimate week slashed his remunerations by 50 per cent in view of the dwindling economic fortunes of the country.

Ebonyi State Governor, Dave Umahi, last Thursday ordered that the salaries of political office holders in the state should be suspended until civil servants have been paid.

Last week, President Buhari directed the release of about N414 billion as bailout to states to pay the backlog of salaries they were owing civil servants.

Before electing to slash his salary by 50 per cent, President Buhari had earlier rejected a proposal from the Aso Rock bureaucracy to approve the purchase of five customised armoured Mercedes Benz S-600 (V222) cars at the cost of N400 million.

Instead of buying new cars, the president, it was gathered said he would stick to the vehicles he inherited from the former President Jonathan administration.

 

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

NDN
Latest News
Top 10 wealthiest cities in the world in 2025BREAKING! Judge Halts Trump's Ban on Harvard’s International Students EnrollmentWhy No Foreigner Should Enter Nigeria Without Visa --- Tunji-Ojo Tells Airlines2027: Atiku, Sambo Visit Aregbesola in Osun Ahead of Owa Obokun’s Historic CoronationBelgium’s future queen caught up in Harvard foreign student banHarvard Drags Trump's Govt to Court Over International Students Enrollment Ban2027: Yahaya Bello Speaks on Presidential Ambition, Tinubu2027: A'Ibom Governor, Umo Eno Tells Aides: Defect With Me Or ResignFagbemi: How Nigeria Was Rescued From $11bn P&ID ScamExclusive! 2027: Atiku, Obi, El-Rufai, Amaechi, Fayemi, Aregbesola, Shekerau, Mark, Others Meet SundayShagari: Why APC Adopted Tinubu As Sole Presidential Candidate For 2027Defection: You Don't Blame People For Bailing Out Of Sinking Ship, Tinubu Taunts CriticsBREAKING! Trump Blocks Harvard University's International Students EnrollmentUzodinma, Sanwo-Olu, Zulum, Other APC Governors Endorse Tinubu as 2027 Presidential FlagbearerMinority Leader Kicks As Another LP Legislator Dumps Party For APC
X whatsapp