The breakdown of 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 spend N8.63 billion on salaries and allowances over the next four years.
The findings show that Tinubu’s administration will spend over N13 billion on ministers’ salaries and allowances alone with estacodes.
According to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) 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 of the 48 ministers will get N31.2m salary for four years
From the above analysis, each of the 48 ministers will get N31.2m salary for four years Tinubu’s 48 ministers will receive N1.497bn as 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 N7.142bn for four years.
