According to Mohammed Shehu, the Executive Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), the monthly salary of the Nigerian President currently stands at N1.2 million, while that of Governors is pegged at N1.1 million.
He noted that no public servant ought to earn higher than the president or state governors, News About Nigeria reports.
Speaking at the Economic Confidential public lecture and book presentation in Abuja, Shehu disclosed that some heads of Federal Government agencies earn higher monthly salaries than the president and governors.
He further stated that the salaries of political office holders and other designated public and judicial office holders were last reviewed in 2008 and are overdue for review.
Shehu 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.”
He also revealed that revenue from solid minerals is now being shared while 13 percent derivation is paid to solid minerals-producing states, as is the case with oil-producing states.
Shehu expressed optimism that a proposed review of the Remuneration Act for elected and designated public officials designed by RMAFC would be passed into law before President Muhamamdu Buhari’s administration winds down on May 29.
If passed into law, President-elect, Bola Tinubu, would earn the same package as the current President.
