What President Buhari, VP Osinbajo will earn

Based on the total package prepared by the RMAFC, Muhammadu ‘s annual salary and allowances stand at N14, 4 million, while the Vice President is to receive a total annual earnings of N12.1Million

The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has reviewed the salaries of the President, Vice President, Senate President and Speaker of the House of Representatives and Speakers in the 36 states of the federation, as well as well other legislators in both the National and Assemblies among other public officers in the country.

Based on the total package prepared by the RMAFC, President Muhammadu Buhari ‘s annual salary and allowances stand at N14, 4 million.

The break down shows that his Basic Salary is N 3,514,705 and Hardship allowance , N 1,757,350:50. Constituency N 8,786,762:50 and Leave Allowance – N351, 470.

Buhari will receive a 400 per cent increase in his salary amounting N14. 058 million, as gratuity upon a successful completion of his tenure.

The Federal Government is to provide him with all his needs including vehicles, Special Assistants, Personal Assistants, entertainment, security, utility bills,newspapers, medical bills and clothings.

The president’s estacode and Duty Tour allowance were not specified.

However, the Vice President is to receive an annual Basic Salary of N2, 064, 400; Hardship allowance- N1, 515, 786.25 and a Constituency Allowance of N7, 578, 931.25, bringing his total annual earning to N12.1million.

About 75 per cent of his annual basic salary would be paid for vehicles and their maintenance if he chooses to buy his vehicles and maintain them.

He is to receive another 25 per cent to hire his Personal Assistants; 75 per cent for domestic staff; 45 per cent for entertainment and 30 per cent for utility.

The VP is to receive a separate 20 per cent of his salary for monitoring; 200 per cent for accommodation and 300 per cent for furniture.

His duty Tour Allowance stands at N 35 , 000 per night and an estacode of $900 per night.
He is to receive 10 per cent of his salary as Leave Allowance and 300 per cent as gratuity upon a successful completion of his tenure.

Source: Vanguard

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