After about 40 days of ruling this extra-ordinary country, the #president of Nigeria, Muhammadu #Buhari, has brought out something that the majority of Nigerians would be proud of; but, never expect politicians to be happy with this decision.
President Buhari may been accused of being slow and sluggish to tend the enormous needs of the country, but the latest revelation from the presidency indicates that he has struck a massive blow to the yearnings of prospective and aspiring politicians.
President Buhari and Vice-President #Osinbajo have decided to take a massive pay cut by publicly declaring that are willing to forgo 50% of the #salary paid to former president Goodluck Jonathan and former vice president Namadi Sambo.
The president’s decision to take a pay cut was conveyed to the Office of the Secretary to the Government of the Federation on Thursday by the Permanent Secretary of the #State House, Nebolisa Emodi, Premium Times reported.
“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% of his salary be paid to him,” the permanent secretary, Mr. Emodi, was quoted as saying in the letter with reference number PRES/81/SGF/17.
The current annual remuneration of the President of Nigeria as published by the Revenue Mobilisation Allocation and Fiscal Commission is N14, 058,820.00.
It is expected that this move by the president and his vice to slash their annual salaries would have a ripple effect throughout the entire nation.
However, one question remains: will the governors and lawmakers of the federation dance to this latest tune being played by Buhari?
What do you think? Make your thoughts known and drop your comments below.
We hope you enjoyed reading the above post. How about helping us share the information to your fans and friends on social media? Meanwhile, you can rely on us daily for the latest and relevant free forex trading signals, free forex trading market news, free forex trading technical levels, weekly Pool draws, latest news from Nigeria and the world, educational articles and quality academic information, insurance news and scientific knowledge.
Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at email@example.com
Follow us on twitter @newsbeatportal
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535
Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.