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Thursday 4 June 2015

Finally President Buhari and his VP Osinbajo's Revealed their Assets

According to the Revenue Mobilization
Allocation and Fiscal Commission (RMAFC), the
President of the country, Muhammadu Buhari,
will earn a monthly salary of N3,514,705.
The role of the RMAFC, empowered by Part 1
of the Third Schedule of the Nigerian
Constitution, is to outline the salary earnings
appropriate for individuals who hold political
offices.
Buhari is also eligible for a regular hardship
allowance, 50 percent of the basic salary,
N1,757,350.5.
Altogether, President Buhari will take home
N1,171,568.33 every month, and N14,058,820
yearly for salary.
The government also pays for the provision of
car fuel, personal assistance, domestic staff,
and utilities for President Buhari.
Upon request the new President has access to
accommodation, Duty Tour allowances, medical
allowances, as requested.
Vice President Yemi Osinbajo's monthly salary
is N3,031,572.50. He will receive N1,010,524.17
monthly, and N12,126,290.00 annually.
These allowances are either paid periodically,
monthly, etc. The Tour Allowance depends on
the president's travel arrangements.
Buhari promised during the campaign that the
salaries of all members of his cabinet would
not exceed what is outlined by the RMAFC.

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