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Nairaland Forum / Nairaland / General / Politics / How Much Buhari And Osinbajo Will Earn While In Office (519 Views)
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How Much Buhari And Osinbajo Will Earn While In Office by mouaue: 8:10am On Jun 01, 2015 |
Buhari and Osinbajo will earn annual basic salaries of N3, 514, 705 and N3, 031, 572.50 respectively. Apart from salaries, the president is entitled to allowances like; Hardship, 50 per cent of the basic salary – N1, 757, 350.50; consistency – 250 per cent, N8, 786, 762.50. President Buhari will take home N1, 171,568.33 each month and N14, 058, 820.00 yearly if all the allowances are added up, while Osinbajo will receive N1, 010, 524. 17 monthly and N12, 126,290.00 annually. Also, Buhari’s severance gratuity is valued at N10, 544, 115, which is 300 per cent of basic. The retired general is reported to be entitled to a leave allowance of N351, 470. 50, (10 per cent of basic salary) and an optional motor vehicle loan of N14, 058, 820, at 400 per cent to be repaid before the expiration of the president’s tenure. Mr. Osinbajo will also get allowances that are provided for Buhari and his hardship, consistency, severance gratuity and leave allowance are set at N1, 515, 786.25; N7, 578, 931.25; N9, 094, 717.50 and N303, 157.25 respectively. The professor will also receive a motor vehicle loan at 400 per cent of his basic salary which is N12, 126, 290; also to be repaid at the expiration of his tenure. The salaries and allowances are drawn from the Consolidated Revenue Fund and fixed by the RMAFC in 2007, Premium Times reports. http://www.mouaue.com/2015/06/revealed-how-much-buhari-and-osinbajo.html
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Re: How Much Buhari And Osinbajo Will Earn While In Office by owobokiri(m): 8:25am On Jun 01, 2015 |
I expected Buhari and that his spare tire to either forfiet their salary or cut their emoluments by 3/4. This two are stikinly rich and shouldn't be in the business of struggling for pay-cheques with 'commoners'. Some state governors have made declarations to this direction., yet the majority of the ruling gang, inspite of their huge financial worth still itch to lay their scraggy hands on the state treasury. Lead by uncommon examples, you dolts! Suffer with the masses, stop preaching to people to tighten their belts when your tommies are bulging from all sorts of financial allowances and estacodes and grannts and salaries and. . . That is NOT change!!! 1 Like |
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