GOVS EARN OVER N600,000, NOT N500,000 - INVESTIGATION
GOVS EARN OVER N600,000, NOT N500,000 - INVESTIGATION
Governor Kayode
Fayemi
Fayemi
said that as a governor, he earned N500,000 monthly salary, arguing that a
professor sometimes earned more than that.
Contrary to the claim by Governor Kayode Fayemi that governors
in Nigeria earn N500, 000 per month, the official monetised salary of a
governor in the country is actually N648,580.62, findings from an investigation
have shown.
Fayemi had said that professors in Nigerian universities earned
as much as he earned, and that, in some cases, they earned more than him on a
monthly basis.
He said that as a governor, he earned N500,000 monthly salary,
arguing that a professor sometimes earned more than that.
The governor berated Nigerian academic for allegedly not taking
advantage of certain opportunities which, he said, he was privy to.
However, a document, Remuneration Package of Political, Public
and Judicial Office Holders, obtained from the Revenue Mobilisation, Allocation
and Fiscal Commission by a correspondent in Abuja on Thursday, showed that
there were other allowances which the governor was entitled to.
While a few of the allowances are paid periodically, there are
others that are not monetised which the state provides fully, according to the
preference of the governor.
The governor’s monthly salary is made up of three items – basic
salary, hardship allowance and constituency allowance.
According to RMAFC’s document, a governor is entitled to a
monthly basic salary of N185,306.75. He is entitled to a monthly hardship
allowance of N92,654.37 and monthly consistency allowance of N648,580.62.
These add up to a monthly salary of N648, 580.62 or an annual
sum of N7, 782,967.50.
Other allowances of the governor that are not part of the
monthly emoluments are 10 per cent leave allowance which amounts to N222,370.50
per annum.
Should a governor so desire, he is entitled to 400 per cent
Motor Vehicle Loan which amounts to N8,894,820.
When a governor completes his tenure, he is entitled to 300 per
cent severance allowance, which amounts to N6,671,115. This is apart from what
is provided by each state as pension and gratuity.
However, the majority of the allowances that a governor is
entitled to are not monetised. This means that the state makes full provision
for such items – to the taste of the governor.
Such allowances include the following: Motor vehicle fuelling
and maintenance, special assistant, personal assistant, domestic staff,
entertainment, utilities, security, and newspapers/periodicals.
Other allowances that are fully provided by the state for the
governor are accommodation, furniture, duty tour allowance, estacode and
medical.
According to the document, the annualised salary and allowances
of the President is N14,058,820 while that of the Vice-President is
N12,126,290.
For a senator, the salary and allowances add up to N20, 669,280
per annum. Those of a member of the House of Representatives add up to N17,
271,347.75.
For a minister, the salary and allowances add up to N14,705,164,
while those of presidential aides add up to N14, 085,843.75.
On the face value, therefore, it appears that even the aides
appointed to serve both the President and the Vice-President earn higher than
these two key officials of the state.
However, the reason is that while most of the allowances of
lawmakers, senators and presidential aides are monetised, the allowances that
are supposed to be earned by the President and the VP are provided by the state
– without any limit, just like the governor.
Apart from the salary, the regular allowances that are monetised
for the President are only hardship allowance, N1, 757,350.50 per annum; and
consistency allowance, N8, 786,762:50 per annum.
For the Vice-President, the hardship allowance is N1, 515,786:25
per annum, while the consistency allowance is N7, 578,931:25 per annum.
The irregular allowances for the President are the severance
allowance – 300 per cent of the annual salary or N10, 544,115 – and leave
allowance – 10 per cent of the annual salary or N351, 470:50.
The irregular allowances of the vice-president are the severance
allowance – 300 per cent of the annual salary or N9, 094,717:50 – and leave
allowance – 10 per cent of the annual salary or N303, 157:25.
Other allowances that the President and the Vice-President are
supposed to enjoy which are not provided in monetary terms include motor
vehicle fuelling and maintenance, special assistant, and personal assistant.
Others are domestic staff, entertainment, utilities, security
and newspapers/periodical allowances.
These irregular allowances include accommodation, furniture,
duty tour, estacode, medical, and severance/gratuity.
Two other officials of the state whose most allowances are not
monetised but provided for by the state are the President of the Senate and the
Speaker of the House of Representatives.
In the states, governors and Speakers of the State Houses of
Assembly enjoy similar privileges.
These items, which are supposed to constitute allowances for the
President and the VP are to be fully provided for these key office holders by
the state according to the Remuneration Package of Political, Public and
Judicial Office Holders prepared by the Revenue Mobilisation Allocation and
Fiscal Commission and passed into law in 2007 by the National Assembly.
The country’s annual budgets give an indication of how much the
nation spends on the items required by the President.
Following the outcry of citizens for a downward review of the
emoluments of political office holders as a result of dwindling oil earnings of
the country, President Muhammadu Buhari had in 2015 directed RMAFC to review
the emoluments.
The work of the
agency which was concluded in 2016 came to nothing as the President could not
act on the report which was submitted to his office.
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