Saturday, 13 June 2015

See breakdown of what Buhari and Osinbajo will earn yearly


Based on the total package prepared by the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, President Muhammadu Buhari ‘s annual salary and allowances stand at N14, 4 million.
Buhari’s Basic Salary is N 3,514,705 and Hardship allowance, according to the package is put at N 1,757,350:50 while Constituency Allowance is N 8,786,762:50 and Leave Allowance – N351, 470.
The President will also receive a 400 per cent increase in his salary amounting N14. 058 million, as gratuity after the successful completion of his tenure.
Prof. Yemi Osinbajo, the Vice President will have a total annual earning of N12.1million.
He will receive an annual Basic Salary of N2, 064, 400; Hardship allowance- N1, 515, 786.25 and a Constituency Allowance of N7, 578, 931.25.

Osinbajo’s duty Tour Allowance stands at N 35 , 000 per night and an estacode of $900 per night.
He will also receive 10 per cent of his salary as Leave Allowance and 300 per cent as gratuity upon a successful completion of his tenure.

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