You are here: HomeNews2023 08 27Article 685994

General News of Sunday, 27 August 2023

Source: legit.ng

Breakdown of Tinubu’s ministers’ salaries, allowances emerges

President Bola Ahmed Tinubu President Bola Ahmed Tinubu

The breakdown of the salaries and allowances of the 48 ministers in President Bola Ahmed Tinubu’s administration has emerged.

As reported by Daily Trust, President Tinubu’s ministers will receive N8.63 billion in salaries and allowances over the next four years.

The findings also show that Tinubu’s administration will spend over N13 billion on ministers’ estacodes, salaries and allowances alone.

Breakdown of Tinubu’s ministers’ salaries and allowances

According to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), the remuneration package for public service revealed that a minister’s monthly salary is fixed at N650,135.99.

Basic salary - N2,026,400 per annum

Vehicle fueling - N1,519,800

Personal assistance - N506,600

Domestic staff - N1,519,800

Entertainment - N911,880

Utilities - N607,920

Monitoring - N405,280

Newspapers - N303,960

Allowances for Tinubu's ministers Four years’ accommodation - N16.20m

Furniture allowance - N6.079m

Severance gratuity - N6.079m

Leave allowance - N0.81m

Motor vehicle allowance - N8.1m

From the above analysis, each minister would get N31.2m as salary in four years.

Tinubu’s 48 ministers will receive N1.497bn monthly salary for the next four years.

The annual supplementary allowances of N37.28 million will increase the budget to N1.785 billion annually for all of them and N7.142 billion for four years.