Wednesday 26 August 2015

Nigeria to cut senators, reps’ jumbo pay as Buhari fumes


Following President Muhammadu Buhari’s order directing the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to address public outcry over huge salaries and allowances of members of the National Assembly, the chairman of the commission, Elias Mbam, said on Tuesday that Senators and members of the House of Representatives will earn less than N1 million by the end of next month.

Speaking at the State House after Mr. Mbam made presentation on the activities and challenges of the commission, President Buhari chided the RMAFC for approving excessive remunerations for some political office holders, and urged the commission to seek a proper interpretation of its powers and address the public outcry against the unreasonably high payments.
President Buhari also warned that severe sanctions will be visited on any individual or organisation that violates the directive on the payment of all national revenue into the Federation Account.
President Buhari spoke a week after Premium Times published details of the federal lawmakers’ salaries and allowances, a publication that sparked widespread public anger against the lawmakers, with many calling a drastic cut.
But in his response to reporters’ questions after meeting the president, the RMAFC boss said the commission had been working on the review of the salaries and allowances of the political office holders at National Assembly, the State Assemblies and Local Governments, adding that the review also covers the Judiciary.
Mr. Mbam said the review, which according to him is still going through a process and expected to be ready by next month, is expected to reflect the economic realities of the day occasioned by the drop in oil prices.
“We are currently reviewing the subsisting remuneration packages and it is going to reflect the socio-economic realities of today. We expect that before the end of next month, it will be ready. But it will go through a process, it is not something that you will just say yes or no,” he said.

-Premium Times

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