Bola Tinubu, the president of Nigeria, receives a monthly salary of less than N1.5 million, according to Alhaji Muhammed Shehu, the chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).
According to PM News, Shehu made this disclosure in an interview with the News Agency of Nigeria (NAN) on September 17 in Abuja.
The president’s ministers and the RMAFC boss both make less than a million dollars per month.
Nigerians have voiced their vehement opposition to news that the commission planned to raise the salary of those holding political office by 114%.
This occurs in the middle of what they have termed as the nation’s tremendous economic woes.
Shehu claimed that despite what some have claimed, political position holders in Nigeria do not receive as lavish of salaries.
Shehu clarified that it is the constitutional duty of the RMAFC to determine and periodically assess the salaries of executive, legislative, and judicial officers.
According to him, the last comprehensive review of the salaries of political officeholders in Nigeria occurred in 2007.
“From 2008 till date there had not been any single review,” he said.
“I want to disabuse the minds of Nigerians. It is not true that people are getting jumbo salaries.
“The monthly salary of Mr President is less than N1.5 million; that of a minister is not even up to one million naira.”
Speaking further, the RMAFC boss average staff of the Central Bank of Nigeria (CBN) earn more than ministers.
“I know of an average CBN worker that is not even a director, who earns more than a minister.
“People in NNPC, NCC, ports authority earn huge salaries. What is the salary of a governor? What is the salary of a legislator?”