RMAFC begins review of salaries of political office holders

RMAFC begins review of salaries of political office holders

- RMAFC said it has started the review of the salaries of politicians

- The commission's chairman, Elias Mbam, said the review may lead to increase or reduction of remunerations

- The commission also said it would conduct an audit which will facilitate the recovery of over N100 billion outstanding money due the federation account

What Nigerian politicians holders earn always been an issue of contentious debates. Many Nigerians believe the politicians earn too much than they deserve, especially in a country battling with economic challenges.

There have been calls from many Nigerians asking the body responsible for determination of the remunerations of politicians, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), to review the salaries given to politicians.

Following the calls, the commission said it has started the review of the salaries collected by political office holders.

RMAFC begins review of salaries of political office holders

RMAFC chairman, Elias Mbam, said the review may lead to increase or reduction of remunerations. Photo credit: The Punch
Source: UGC

The move is to ensure the earnings of the politicians reflect Nigeria's current economic realities.

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The disclosure was made by the commission's chairman, Elias Mbam, who noted that the review may lead to either increase or reduction of the salaries of the politicians, Vanguard reports.

The commission also said it would conduct an audit which will facilitate the recovery of over N100 billion outstanding money due the federation account.

Legit.ng recalls that the minister of labour and employment, Chris Ngige, had in 2019 said the federal government had set up a presidential committee on salaries to review the wages of all politicians in the country.

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In a related development, Legit.ng reported that Akin Alabi, a member of the House of Representatives representing Egbeda/Ona-Ara federal constituency, released a breakdown of his earnings as a lawmaker.

The All Progressives Congress (APC) lawmaker who is also a businessman had promised in a Twitter post on Friday, April 5, to release his earnings when he started being paid as a member of the green chamber.

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According to Alabi, he collects N700, 000 as basic salary as a member of the lower legislative chamber.

Regarding his allowance, the lawmaker disclosed that he got "(N3,970,000.00 plus N7,940,000.00)" for both Housing and Furniture which he said was only paid once in four years.

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Source: Legit

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